Alliance Data Systems Co. (ADS) Stake Lessened by Northwestern Mutual Investment Management Company LLC

Northwestern Mutual Investment Management Company LLC cut its holdings in Alliance Data Systems Co. (NYSE:ADS) by 19.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,783 shares of the business services provider’s stock after selling 2,074 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Alliance Data Systems were worth $1,870,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ADS. Victory Capital Management Inc. lifted its stake in Alliance Data Systems by 11.1% in the fourth quarter. Victory Capital Management Inc. now owns 8,071 shares of the business services provider’s stock valued at $2,046,000 after purchasing an additional 808 shares during the last quarter. ING Groep NV lifted its stake in Alliance Data Systems by 22.1% in the fourth quarter. ING Groep NV now owns 1,670 shares of the business services provider’s stock valued at $423,000 after purchasing an additional 302 shares during the last quarter. California Public Employees Retirement System lifted its stake in Alliance Data Systems by 4.4% in the fourth quarter. California Public Employees Retirement System now owns 130,382 shares of the business services provider’s stock valued at $33,049,000 after purchasing an additional 5,537 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Alliance Data Systems by 16.1% in the fourth quarter. Wells Fargo & Company MN now owns 101,874 shares of the business services provider’s stock valued at $25,821,000 after purchasing an additional 14,101 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in Alliance Data Systems by 12.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 63,573 shares of the business services provider’s stock valued at $16,115,000 after purchasing an additional 6,876 shares during the last quarter. 94.22% of the stock is owned by institutional investors.

NYSE:ADS opened at $232.33 on Friday. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 12.27, a P/E/G ratio of 0.63 and a beta of 1.76. Alliance Data Systems Co. has a 1 year low of $192.02 and a 1 year high of $278.33. The company has a current ratio of 2.14, a quick ratio of 2.11 and a debt-to-equity ratio of 7.86.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 19th. Investors of record on Monday, May 14th will be given a $0.57 dividend. The ex-dividend date of this dividend is Friday, May 11th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 0.98%. Alliance Data Systems’s dividend payout ratio (DPR) is presently 12.47%.

In other Alliance Data Systems news, Director Holdings L.P. Valueact acquired 125,000 shares of the stock in a transaction that occurred on Tuesday, May 8th. The shares were bought at an average price of $201.27 per share, for a total transaction of $25,158,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Valueact Capital Master Fund, acquired 2,646 shares of the stock in a transaction that occurred on Tuesday, May 15th. The stock was acquired at an average price of $205.00 per share, for a total transaction of $542,430.00. The disclosure for this purchase can be found here. Insiders purchased 330,246 shares of company stock worth $66,585,860 in the last quarter. 2.60% of the stock is currently owned by company insiders.

Several research firms recently commented on ADS. ValuEngine downgraded Alliance Data Systems from a “sell” rating to a “strong sell” rating in a research note on Friday, June 1st. Zacks Investment Research upgraded Alliance Data Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, April 25th. Robert W. Baird reiterated a “hold” rating and issued a $235.00 price objective on shares of Alliance Data Systems in a research note on Friday, April 20th. Oppenheimer upgraded Alliance Data Systems from an “underperform” rating to a “market perform” rating and set a $227.00 price objective on the stock in a research note on Friday, April 20th. Finally, UBS Group upgraded Alliance Data Systems from an “underperform” rating to a “market perform” rating in a research note on Friday, April 20th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $265.83.

Alliance Data Systems 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 Systems (NYSE:ADS)

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