Alliance Data Systems Co. (ADS) Holdings Reduced by Hsbc Holdings PLC

Hsbc Holdings PLC cut its position in Alliance Data Systems Co. (NYSE:ADS) by 42.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,881 shares of the business services provider’s stock after selling 17,860 shares during the period. Hsbc Holdings PLC’s holdings in Alliance Data Systems were worth $3,584,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Alliance Data Systems by 2.1% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 3,570 shares of the business services provider’s stock worth $535,000 after acquiring an additional 75 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Alliance Data Systems by 11.9% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 900 shares of the business services provider’s stock worth $135,000 after acquiring an additional 96 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Alliance Data Systems by 5.8% during the fourth quarter. Daiwa Securities Group Inc. now owns 1,822 shares of the business services provider’s stock worth $273,000 after buying an additional 100 shares during the last quarter. Cim Investment Mangement Inc. raised its stake in shares of Alliance Data Systems by 7.9% during the fourth quarter. Cim Investment Mangement Inc. now owns 2,053 shares of the business services provider’s stock worth $308,000 after buying an additional 151 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Alliance Data Systems by 5.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 3,259 shares of the business services provider’s stock worth $489,000 after buying an additional 163 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Shares of NYSE:ADS opened at $172.41 on Friday. Alliance Data Systems Co. has a 52 week low of $142.58 and a 52 week high of $250.27. The company has a quick ratio of 1.81, a current ratio of 2.15 and a debt-to-equity ratio of 6.77. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 0.83 and a beta of 1.78.

Alliance Data Systems (NYSE:ADS) last issued its earnings results on Thursday, February 7th. The business services provider reported $7.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $6.78 by $0.26. Alliance Data Systems had a net margin of 12.36% and a return on equity of 54.62%. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the firm earned $6.26 earnings per share. The business’s quarterly revenue was down 2.4% on a year-over-year basis. On average, research analysts anticipate that Alliance Data Systems Co. will post 20.58 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 19th. Shareholders of record on Thursday, February 21st will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.46%. The ex-dividend date is Wednesday, February 20th. This is an increase from Alliance Data Systems’s previous quarterly dividend of $0.57. Alliance Data Systems’s dividend payout ratio is presently 11.69%.

ADS has been the subject of a number of recent research reports. BMO Capital Markets raised shares of Alliance Data Systems from a “market perform” rating to an “outperform” rating and set a $240.00 price target for the company in a research note on Monday, December 10th. They noted that the move was a valuation call. Morgan Stanley downgraded shares of Alliance Data Systems from an “equal weight” rating to an “underweight” rating in a research note on Thursday, January 24th. SunTrust Banks dropped their price target on shares of Alliance Data Systems to $250.00 and set a “buy” rating for the company in a research note on Monday, November 19th. Stephens set a $227.00 price target on shares of Alliance Data Systems and gave the stock an “equal weight” rating in a research note on Tuesday, November 27th. Finally, Wells Fargo & Co dropped their price target on shares of Alliance Data Systems from $275.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, January 9th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $239.00.

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Alliance Data Systems Company 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.

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

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