Alliance Data (NYSE:ADS) insider Valueact Capital Master Fund, bought 2,646 shares of the stock in a transaction on Tuesday, May 15th. The stock was purchased at an average cost of $205.00 per share, for a total transaction of $542,430.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link.
Valueact Capital Master Fund, also recently made the following trade(s):
- On Wednesday, May 9th, Valueact Capital Master Fund, bought 202,600 shares of Alliance Data stock. The stock was purchased at an average cost of $201.80 per share, for a total transaction of $40,884,680.00.
ADS opened at $210.09 on Friday. The company has a current ratio of 2.14, a quick ratio of 2.11 and a debt-to-equity ratio of 7.86. The firm has a market cap of $11.64 billion, a P/E ratio of 11.49, a P/E/G ratio of 0.57 and a beta of 1.76. Alliance Data has a 52 week low of $192.02 and a 52 week high of $278.33.
Alliance Data (NYSE:ADS) last posted its quarterly earnings data on Thursday, April 19th. The business services provider reported $4.44 EPS for the quarter, beating analysts’ consensus estimates of $3.98 by $0.46. Alliance Data had a return on equity of 61.30% and a net margin of 10.44%. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter last year, the company earned $3.91 earnings per share. The business’s revenue for the quarter was up .3% compared to the same quarter last year. equities analysts predict that Alliance Data will post 21.34 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 19th. Shareholders of record on Monday, May 14th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, May 11th. Alliance Data’s payout ratio is 12.47%.
Large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its stake in Alliance Data 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 buying an additional 413 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Alliance Data in the 1st quarter worth about $106,000. Tower Research Capital LLC TRC acquired a new stake in Alliance Data in the 4th quarter worth about $152,000. FNY Managed Accounts LLC acquired a new stake in Alliance Data in the 4th quarter worth about $190,000. Finally, Cubic Asset Management LLC acquired a new stake in Alliance Data in the 4th quarter worth about $208,000. 95.20% of the stock is currently owned by hedge funds and other institutional investors.
Several research firms have weighed in on ADS. Robert W. Baird reissued a “hold” rating and issued a $235.00 target price on shares of Alliance Data in a report on Friday, April 20th. ValuEngine lowered Alliance Data from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Credit Suisse Group lowered their target price on Alliance Data from $218.00 to $206.00 and set an “underperform” rating on the stock in a report on Friday, April 13th. Zacks Investment Research raised Alliance Data from a “sell” rating to a “hold” rating in a report on Wednesday, April 25th. Finally, Wedbush lowered their target price on Alliance Data from $252.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, April 2nd. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $262.37.
Alliance Data Company Profile
Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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