Shares of Alliance Data Systems Co. (NYSE:ADS) have been given an average rating of “Hold” by the twenty-two research firms that are covering the company. Two investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $234.70.
A number of brokerages have recently issued reports on ADS. Guggenheim restated a “buy” rating on shares of Alliance Data Systems in a research note on Sunday, December 4th. Zacks Investment Research cut shares of Alliance Data Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 18th. Barclays PLC restated a “buy” rating on shares of Alliance Data Systems in a research note on Sunday, January 29th. TheStreet cut shares of Alliance Data Systems from a “b-” rating to a “c” rating in a research note on Thursday, January 26th. Finally, JPMorgan Chase & Co. cut shares of Alliance Data Systems from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $260.00 to $255.00 in a research note on Friday, December 9th. They noted that the move was a valuation call.
Shares of Alliance Data Systems (NYSE:ADS) opened at 245.01 on Monday. Alliance Data Systems has a 12-month low of $185.02 and a 12-month high of $251.19. The company has a market capitalization of $13.70 billion, a P/E ratio of 33.38 and a beta of 1.65. The company has a 50 day moving average of $237.29 and a 200-day moving average of $223.83.
Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, January 26th. The company reported $4.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.66 by $0.01. Alliance Data Systems had a net margin of 7.23% and a return on equity of 54.59%. The company earned $1.83 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the prior year, the company posted $4.13 EPS. The business’s revenue was up 4.5% on a year-over-year basis. On average, equities analysts anticipate that Alliance Data Systems will post $18.49 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 17th. Stockholders of record on Wednesday, February 15th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Monday, February 13th. This represents a $2.08 annualized dividend and a dividend yield of 0.85%. Alliance Data Systems’s dividend payout ratio is currently 28.42%.
In related news, Director Roger H. Ballou sold 648 shares of the firm’s stock in a transaction on Tuesday, February 7th. The shares were sold at an average price of $225.71, for a total value of $146,260.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Holdings L.P. Valueact bought 170,100 shares of the firm’s stock in a transaction that occurred on Monday, January 23rd. The stock was purchased at an average cost of $228.93 per share, with a total value of $38,940,993.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 477,600 shares of company stock valued at $108,498,272 and have sold 6,882 shares valued at $1,685,575. 2.50% of the stock is owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the stock. Conning Inc. boosted its position in Alliance Data Systems by 0.7% in the third quarter. Conning Inc. now owns 1,401 shares of the company’s stock valued at $301,000 after buying an additional 10 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its position in Alliance Data Systems by 0.4% in the third quarter. DekaBank Deutsche Girozentrale now owns 4,670 shares of the company’s stock valued at $997,000 after buying an additional 20 shares in the last quarter. Redmond Asset Management LLC boosted its position in Alliance Data Systems by 0.6% in the fourth quarter. Redmond Asset Management LLC now owns 5,587 shares of the company’s stock valued at $1,277,000 after buying an additional 33 shares in the last quarter. Norinchukin Bank The boosted its position in Alliance Data Systems by 1.3% in the third quarter. Norinchukin Bank The now owns 3,132 shares of the company’s stock valued at $672,000 after buying an additional 40 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its position in Alliance Data Systems by 4.7% in the third quarter. CENTRAL TRUST Co now owns 914 shares of the company’s stock valued at $196,000 after buying an additional 41 shares in the last quarter. 93.75% of the stock is owned by institutional investors and hedge funds.
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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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