Davidson Investment Advisors increased its position in Alliance Data Systems Co. (NYSE:ADS) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,484 shares of the business services provider’s stock after purchasing an additional 260 shares during the period. Davidson Investment Advisors owned approximately 0.07% of Alliance Data Systems worth $10,008,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of ADS. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Alliance Data Systems by 516.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 493 shares of the business services provider’s stock worth $125,000 after purchasing an additional 413 shares in the last quarter. WFG Advisors LP lifted its holdings in shares of Alliance Data Systems by 135.9% in the 2nd quarter. WFG Advisors LP now owns 677 shares of the business services provider’s stock worth $174,000 after purchasing an additional 390 shares in the last quarter. FNY Managed Accounts LLC bought a new position in shares of Alliance Data Systems in the 4th quarter worth $190,000. Cubic Asset Management LLC bought a new position in shares of Alliance Data Systems in the 4th quarter worth $208,000. Finally, Groesbeck Investment Management Corp NJ bought a new position in shares of Alliance Data Systems in the 4th quarter worth $208,000. Institutional investors own 93.68% of the company’s stock.
In other news, CFO Charles L. Horn sold 2,128 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.60% of the company’s stock.
ADS has been the topic of a number of recent research reports. Oppenheimer set a $208.00 target price on Alliance Data Systems and gave the stock a “sell” rating in a report on Thursday, October 26th. Zacks Investment Research upgraded Alliance Data Systems from a “hold” rating to a “buy” rating and set a $283.00 target price on the stock in a report on Friday, January 26th. Barclays reiterated an “equal weight” rating and issued a $298.00 target price (up from $278.00) on shares of Alliance Data Systems in a report on Monday, January 8th. BMO Capital Markets reiterated a “hold” rating and issued a $235.00 target price on shares of Alliance Data Systems in a report on Wednesday, October 18th. Finally, ValuEngine upgraded Alliance Data Systems from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. Alliance Data Systems presently has an average rating of “Hold” and an average target price of $276.44.
Shares of Alliance Data Systems Co. (ADS) opened at $246.26 on Wednesday. The company has a market capitalization of $13,717.69, a price-to-earnings ratio of 13.44, a P/E/G ratio of 0.89 and a beta of 1.71. Alliance Data Systems Co. has a 12-month low of $209.00 and a 12-month high of $278.33. The company has a debt-to-equity ratio of 8.02, a current ratio of 1.91 and a quick ratio of 2.09.
Alliance Data Systems (NYSE:ADS) last released its quarterly earnings results on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, beating analysts’ consensus estimates of $4.72 by $1.38. The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.15 billion. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. Alliance Data Systems’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.67 EPS. equities analysts anticipate that Alliance Data Systems Co. will post 21.49 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.52. This represents a $2.28 annualized dividend and a dividend yield of 0.93%. Alliance Data Systems’s dividend payout ratio (DPR) is currently 14.72%.
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About Alliance Data Systems
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.
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