Van Den Berg Management I Inc. reduced its position in Alliance Data Systems Co. (NYSE:ADS) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,472 shares of the business services provider’s stock after selling 1,958 shares during the quarter. Van Den Berg Management I Inc.’s holdings in Alliance Data Systems were worth $3,922,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in Alliance Data Systems 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 purchasing an additional 413 shares during the period. Tower Research Capital LLC TRC purchased a new position in shares of Alliance Data Systems during the fourth quarter worth approximately $152,000. FNY Managed Accounts LLC purchased a new position in shares of Alliance Data Systems during the fourth quarter worth approximately $190,000. Cubic Asset Management LLC purchased a new position in shares of Alliance Data Systems during the fourth quarter worth approximately $208,000. Finally, Groesbeck Investment Management Corp NJ purchased a new position in shares of Alliance Data Systems during the fourth quarter worth approximately $208,000. 94.61% of the stock is currently owned by institutional investors.
A number of brokerages have recently commented on ADS. Zacks Investment Research lowered shares of Alliance Data Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Edward Jones raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating in a research report on Monday, February 26th. Cowen lowered shares of Alliance Data Systems from an “outperform” rating to a “market perform” rating in a research report on Monday, January 29th. Barclays reduced their target price on shares of Alliance Data Systems from $310.00 to $298.00 and set an “overweight” rating on the stock in a research report on Friday, January 26th. Finally, JMP Securities raised their target price on shares of Alliance Data Systems from $285.00 to $310.00 and gave the stock a “market outperform” rating in a research report on Friday, January 26th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $276.44.
Alliance Data Systems Co. (ADS) remained flat at $$239.19 during midday trading on Monday. 42,210 shares of the company traded hands, compared to its average volume of 650,866. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 9.69. Alliance Data Systems Co. has a 1-year low of $209.00 and a 1-year high of $278.33. The stock has a market capitalization of $13,265.79, a P/E ratio of 16.93, a P/E/G ratio of 0.86 and a beta of 1.69.
Alliance Data Systems (NYSE:ADS) last released its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.72 by $1.38. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period last year, the firm earned $4.67 earnings per share. The company’s quarterly revenue was up 15.2% on a year-over-year basis. analysts anticipate that Alliance Data Systems Co. will post 21.49 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Wednesday, February 14th will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 0.95%. This is an increase from Alliance Data Systems’s previous quarterly dividend of $0.52. The ex-dividend date is Tuesday, February 13th. Alliance Data Systems’s dividend payout ratio (DPR) is 16.14%.
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About Alliance Data Systems
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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