Andra AP fonden increased its holdings in shares of Alliance Data Systems Corporation (NYSE:ADS) by 41.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,100 shares of the business services provider’s stock after buying an additional 1,800 shares during the period. Andra AP fonden’s holdings in Alliance Data Systems Corporation were worth $1,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Suntrust Banks Inc. lifted its position in shares of Alliance Data Systems Corporation by 0.5% during the 1st quarter. Suntrust Banks Inc. now owns 2,203 shares of the business services provider’s stock valued at $547,000 after buying an additional 12 shares in the last quarter. Fernwood Investment Management LLC lifted its holdings in Alliance Data Systems Corporation by 0.3% in the 1st quarter. Fernwood Investment Management LLC now owns 4,580 shares of the business services provider’s stock valued at $1,140,000 after purchasing an additional 15 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in Alliance Data Systems Corporation by 5.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 26 shares in the last quarter. Bank of Hawaii lifted its holdings in Alliance Data Systems Corporation by 0.9% in the 1st quarter. Bank of Hawaii now owns 3,839 shares of the business services provider’s stock valued at $956,000 after purchasing an additional 34 shares in the last quarter. Finally, Johnson Financial Group Inc. lifted its holdings in Alliance Data Systems Corporation by 9.8% in the 1st quarter. Johnson Financial Group Inc. now owns 426 shares of the business services provider’s stock valued at $106,000 after purchasing an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 96.09% of the company’s stock.

Shares of Alliance Data Systems Corporation (ADS) opened at 219.50 on Wednesday. The company’s 50 day moving average price is $232.29 and its 200-day moving average price is $244.59. The firm has a market capitalization of $12.18 billion, a P/E ratio of 25.03 and a beta of 1.76. Alliance Data Systems Corporation has a 12 month low of $197.69 and a 12 month high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the prior year, the business earned $3.68 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis. On average, equities analysts predict that Alliance Data Systems Corporation will post $18.06 earnings per share for the current fiscal year.

Alliance Data Systems Corporation declared that its board has authorized a stock buyback program on Thursday, July 27th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Monday, August 14th will be given a $0.52 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $2.08 annualized dividend and a dividend yield of 0.95%. Alliance Data Systems Corporation’s dividend payout ratio is currently 23.69%.

A number of research analysts have weighed in on ADS shares. Argus started coverage on Alliance Data Systems Corporation in a report on Thursday, July 13th. They issued a “buy” rating and a $309.00 price objective on the stock. Compass Point upgraded Alliance Data Systems Corporation from a “sell” rating to a “neutral” rating and raised their price objective for the company from $190.00 to $200.00 in a report on Thursday, May 25th. Barclays PLC lowered Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $285.00 to $265.00 in a report on Friday, July 21st. BidaskClub upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Finally, ValuEngine upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $255.47.

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Alliance Data Systems Corporation Company 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.

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

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