First Long Island Investors LLC lifted its holdings in shares of Alliance Data Systems Co. (NYSE:ADS) by 9.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 48,096 shares of the business services provider’s stock after purchasing an additional 4,025 shares during the quarter. First Long Island Investors LLC’s holdings in Alliance Data Systems were worth $12,191,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the stock. Bank of Hawaii grew its position in shares of Alliance Data Systems by 6.0% during the 3rd quarter. Bank of Hawaii now owns 4,247 shares of the business services provider’s stock valued at $941,000 after buying an additional 240 shares during the last quarter. Citizens & Northern Corp grew its position in shares of Alliance Data Systems by 3.8% during the 3rd quarter. Citizens & Northern Corp now owns 6,721 shares of the business services provider’s stock valued at $1,489,000 after buying an additional 243 shares during the last quarter. Sentry Investment Management LLC grew its position in shares of Alliance Data Systems by 1.5% during the 2nd quarter. Sentry Investment Management LLC now owns 17,242 shares of the business services provider’s stock valued at $4,426,000 after buying an additional 255 shares during the last quarter. Cardinal Capital Management grew its position in shares of Alliance Data Systems by 11.8% during the 3rd quarter. Cardinal Capital Management now owns 2,461 shares of the business services provider’s stock valued at $545,000 after buying an additional 260 shares during the last quarter. Finally, First Allied Advisory Services Inc. grew its position in shares of Alliance Data Systems by 9.2% during the 3rd quarter. First Allied Advisory Services Inc. now owns 3,092 shares of the business services provider’s stock valued at $689,000 after buying an additional 261 shares during the last quarter. 94.82% of the stock is owned by institutional investors and hedge funds.

ADS has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating and set a $310.00 price objective for the company in a research report on Tuesday, January 16th. Credit Suisse Group reissued an “underperform” rating and set a $218.00 target price (up from $193.00) on shares of Alliance Data Systems in a research note on Wednesday, January 17th. ValuEngine raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. Stephens set a $304.00 target price on shares of Alliance Data Systems and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Finally, Oppenheimer set a $208.00 target price on shares of Alliance Data Systems and gave the company a “sell” rating in a research note on Thursday, October 19th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $276.44.

In other news, CFO Charles L. Horn sold 2,128 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total value of $500,080.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.60% of the company’s stock.

Shares of Alliance Data Systems Co. (NYSE ADS) opened at $240.67 on Friday. The firm has a market cap of $13,296.78, a P/E ratio of 17.03, a PEG ratio of 0.86 and a beta of 1.71. Alliance Data Systems Co. has a one year low of $209.00 and a one year high of $278.33. The company has a quick ratio of 2.09, a current ratio of 1.91 and a debt-to-equity ratio of 8.02.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings results on Thursday, January 25th. The business services provider reported $6.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.72 by $1.38. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.15 billion. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.67 EPS. research analysts anticipate that Alliance Data Systems Co. will post 21.49 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Wednesday, February 14th will be paid a $0.57 dividend. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.52. This represents a $2.28 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Tuesday, February 13th. Alliance Data Systems’s dividend payout ratio is currently 14.72%.

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Alliance Data Systems 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.

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

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