Great West Life Assurance Co. Can Sells 1,040 Shares of Alliance Data Systems Co. (ADS)

Great West Life Assurance Co. Can cut its holdings in Alliance Data Systems Co. (NYSE:ADS) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,178 shares of the business services provider’s stock after selling 1,040 shares during the period. Great West Life Assurance Co. Can owned about 0.06% of Alliance Data Systems worth $4,891,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Davidson Investment Advisors raised its stake in Alliance Data Systems by 2.6% in the 3rd quarter. Davidson Investment Advisors now owns 52,134 shares of the business services provider’s stock valued at $12,312,000 after purchasing an additional 1,329 shares during the last quarter. Global Endowment Management LP raised its stake in Alliance Data Systems by 20.3% in the 3rd quarter. Global Endowment Management LP now owns 2,370 shares of the business services provider’s stock valued at $559,000 after purchasing an additional 400 shares during the last quarter. Kirr Marbach & Co. LLC IN raised its stake in Alliance Data Systems by 1.1% in the 4th quarter. Kirr Marbach & Co. LLC IN now owns 75,493 shares of the business services provider’s stock valued at $11,330,000 after purchasing an additional 844 shares during the last quarter. First Trust Advisors LP acquired a new position in Alliance Data Systems in the 3rd quarter valued at about $3,442,000. Finally, NuWave Investment Management LLC raised its stake in Alliance Data Systems by 24,875.0% in the 4th quarter. NuWave Investment Management LLC now owns 999 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 995 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

NYSE ADS opened at $172.41 on Friday. Alliance Data Systems Co. has a 12 month low of $142.58 and a 12 month high of $250.27. The company has a debt-to-equity ratio of 6.77, a current ratio of 2.15 and a quick ratio of 1.81. The stock has a market cap of $9.14 billion, a PE ratio of 8.00, a P/E/G ratio of 0.83 and a beta of 1.78.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, February 7th. The business services provider reported $7.04 EPS for the quarter, beating the Zacks’ 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 company 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 company posted $6.26 EPS. The company’s quarterly revenue was down 2.4% compared to the same quarter last year. On average, analysts expect that Alliance Data Systems Co. will post 20.58 earnings per share for the current fiscal year.

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

Several research analysts recently weighed in on ADS shares. SunTrust Banks cut their target price 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 target price on shares of Alliance Data Systems and gave the company an “equal weight” rating in a research note on Tuesday, November 27th. TheStreet downgraded shares of Alliance Data Systems from a “b-” rating to a “c+” rating in a research note on Monday, November 26th. Citigroup cut their target price on shares of Alliance Data Systems to $218.00 in a research note on Wednesday, November 28th. They noted that the move was a valuation call. Finally, Oppenheimer reissued a “hold” rating on shares of Alliance Data Systems in a research note on Tuesday, November 27th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $239.00.

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About Alliance Data Systems

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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