Alliance Data Systems Co. (ADS) Shares Sold by State of Wisconsin Investment Board

State of Wisconsin Investment Board lessened its position in Alliance Data Systems Co. (NYSE:ADS) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,039 shares of the business services provider’s stock after selling 1,764 shares during the quarter. State of Wisconsin Investment Board owned 0.10% of Alliance Data Systems worth $13,951,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Edgewood Management LLC increased its stake in Alliance Data Systems by 1.1% in the third quarter. Edgewood Management LLC now owns 2,900,220 shares of the business services provider’s stock valued at $642,544,000 after acquiring an additional 30,560 shares during the last quarter. Parnassus Investments CA increased its stake in Alliance Data Systems by 3.0% in the fourth quarter. Parnassus Investments CA now owns 695,000 shares of the business services provider’s stock valued at $176,169,000 after acquiring an additional 20,000 shares during the last quarter. USS Investment Management Ltd increased its stake in Alliance Data Systems by 24.3% in the fourth quarter. USS Investment Management Ltd now owns 678,796 shares of the business services provider’s stock valued at $172,078,000 after acquiring an additional 132,796 shares during the last quarter. Atlantic Trust Group LLC increased its stake in Alliance Data Systems by 53.6% in the third quarter. Atlantic Trust Group LLC now owns 572,862 shares of the business services provider’s stock valued at $126,917,000 after acquiring an additional 199,877 shares during the last quarter. Finally, Boston Partners increased its stake in Alliance Data Systems by 21.3% in the third quarter. Boston Partners now owns 531,378 shares of the business services provider’s stock valued at $117,727,000 after acquiring an additional 93,296 shares during the last quarter. 94.00% of the stock is currently owned by institutional investors and hedge funds.

Alliance Data Systems Co. (NYSE:ADS) opened at $242.09 on Friday. Alliance Data Systems Co. has a 12 month low of $209.00 and a 12 month high of $278.33. The stock has a market capitalization of $13,194.49, a PE ratio of 12.92, a PEG ratio of 0.85 and a beta of 1.71. The company has a debt-to-equity ratio of 8.02, a quick ratio of 2.09 and a current ratio of 1.91.

Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.72 by $1.38. The firm had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period last year, the firm earned $4.67 earnings per share. sell-side analysts anticipate that Alliance Data Systems Co. will post 21.49 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Wednesday, February 14th will be paid a $0.57 dividend. The ex-dividend date is Tuesday, February 13th. This is a boost from Alliance Data Systems’s previous quarterly dividend of $0.52. This represents a $2.28 annualized dividend and a dividend yield of 0.94%. Alliance Data Systems’s dividend payout ratio (DPR) is presently 16.14%.

A number of research analysts recently commented on the company. Oppenheimer increased their target price on Alliance Data Systems from $219.00 to $227.00 and gave the company an “underperform” rating in a research note on Friday, January 26th. Cowen cut Alliance Data Systems from an “outperform” rating to a “market perform” rating in a research note on Monday, January 29th. Piper Jaffray Companies reissued a “buy” rating and issued a $368.00 target price on shares of Alliance Data Systems in a research note on Thursday, January 18th. Stephens set a $304.00 target price on Alliance Data Systems and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Finally, Barclays reduced their target price on Alliance Data Systems from $310.00 to $298.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $276.44.

In related news, insider Edward J. Heffernan sold 21,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $244.83, for a total value of $5,141,430.00. Following the sale, the insider now directly owns 264,668 shares of the company’s stock, valued at $64,798,666.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Charles L. Horn sold 2,128 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $235.00, for a total value of $500,080.00. The disclosure for this sale can be found here. 2.60% of the stock is owned by company insiders.

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Alliance Data Systems Profile

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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Institutional Ownership by Quarter for Alliance Data Systems (NYSE:ADS)

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