Thomas White International Ltd. Reduces Position in Alliance Data (ADS)

Thomas White International Ltd. lessened its holdings in Alliance Data (NYSE:ADS) by 26.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,712 shares of the business services provider’s stock after selling 2,071 shares during the quarter. Thomas White International Ltd.’s holdings in Alliance Data were worth $1,216,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Creative Planning raised its holdings in Alliance Data by 28.5% during the 4th quarter. Creative Planning now owns 1,823 shares of the business services provider’s stock worth $462,000 after purchasing an additional 404 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Alliance Data by 25.8% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 274,310 shares of the business services provider’s stock worth $69,533,000 after purchasing an additional 56,239 shares during the last quarter. Acadian Asset Management LLC raised its holdings in Alliance Data by 65,883.3% during the 4th quarter. Acadian Asset Management LLC now owns 19,795 shares of the business services provider’s stock worth $5,018,000 after purchasing an additional 19,765 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in Alliance Data by 88.3% during the 4th quarter. State of Alaska Department of Revenue now owns 7,677 shares of the business services provider’s stock worth $1,944,000 after purchasing an additional 3,600 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in Alliance Data by 31.1% during the 4th quarter. SG Americas Securities LLC now owns 8,483 shares of the business services provider’s stock worth $2,150,000 after purchasing an additional 2,011 shares during the last quarter. Institutional investors and hedge funds own 95.22% of the company’s stock.

In related news, EVP Melisa A. Miller sold 12,246 shares of Alliance Data stock in a transaction on Monday, February 26th. The shares were sold at an average price of $245.09, for a total value of $3,001,372.14. Following the completion of the sale, the executive vice president now owns 42,654 shares of the company’s stock, valued at approximately $10,454,068.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Valueact Capital Master Fund, purchased 2,646 shares of Alliance Data stock in a transaction that occurred on Tuesday, May 15th. The stock was acquired at an average cost of $205.00 per share, with a total value of $542,430.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 330,246 shares of company stock valued at $66,585,860. Insiders own 2.60% of the company’s stock.

Shares of ADS stock opened at $213.13 on Friday. The company has a market cap of $11.85 billion, a PE ratio of 11.66, a P/E/G ratio of 0.58 and a beta of 1.76. Alliance Data has a 52 week low of $192.02 and a 52 week high of $278.33. The company has a debt-to-equity ratio of 7.86, a current ratio of 2.14 and a quick ratio of 2.11.

Alliance Data (NYSE:ADS) last announced its quarterly earnings data on Thursday, April 19th. The business services provider reported $4.44 EPS for the quarter, topping the consensus estimate of $3.98 by $0.46. The company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.93 billion. Alliance Data had a net margin of 10.44% and a return on equity of 61.30%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm posted $3.91 EPS. sell-side analysts expect that Alliance Data will post 21.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 19th. Stockholders of record on Monday, May 14th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, May 11th. Alliance Data’s dividend payout ratio (DPR) is 12.47%.

Several research analysts have issued reports on ADS shares. Edward Jones upgraded shares of Alliance Data from a “hold” rating to a “buy” rating in a report on Monday, February 26th. ValuEngine upgraded shares of Alliance Data from a “strong sell” rating to a “sell” rating in a report on Wednesday. Zacks Investment Research upgraded shares of Alliance Data from a “hold” rating to a “buy” rating and set a $283.00 price target for the company in a report on Friday, January 26th. Credit Suisse Group lowered their price target on shares of Alliance Data from $218.00 to $206.00 and set an “underperform” rating for the company in a report on Friday, April 13th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $313.00 price target on shares of Alliance Data in a report on Friday, April 6th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $265.83.

Alliance Data 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.

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

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