Alliance Data Systems Corporation (ADS) Position Boosted by Swiss National Bank

Swiss National Bank boosted its holdings in Alliance Data Systems Corporation (NYSE:ADS) by 0.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 184,398 shares of the business services provider’s stock after buying an additional 600 shares during the quarter. Swiss National Bank owned approximately 332,368.42% of Alliance Data Systems Corporation worth $40,853,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Green Square Capital LLC increased its holdings in Alliance Data Systems Corporation by 0.3% in the second quarter. Green Square Capital LLC now owns 3,054 shares of the business services provider’s stock valued at $784,000 after buying an additional 8 shares during the last quarter. Citizens Financial Group Inc RI increased its holdings in Alliance Data Systems Corporation by 2.2% in the second quarter. Citizens Financial Group Inc RI now owns 909 shares of the business services provider’s stock valued at $233,000 after buying an additional 20 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in Alliance Data Systems Corporation by 5.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock valued at $125,000 after buying an additional 26 shares during the last quarter. Suntrust Banks Inc. increased its holdings in Alliance Data Systems Corporation by 1.7% in the second quarter. Suntrust Banks Inc. now owns 2,240 shares of the business services provider’s stock valued at $574,000 after buying an additional 37 shares during the last quarter. Finally, Advisor Partners LLC increased its holdings in Alliance Data Systems Corporation by 3.5% in the second quarter. Advisor Partners LLC now owns 1,364 shares of the business services provider’s stock valued at $350,000 after buying an additional 46 shares during the last quarter. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

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ADS has been the subject of several research analyst reports. Keefe, Bruyette & Woods restated a “buy” rating and issued a $300.00 price objective on shares of Alliance Data Systems Corporation in a research note on Friday, October 6th. KeyCorp restated a “hold” rating on shares of Alliance Data Systems Corporation in a research note on Friday, August 25th. Royal Bank Of Canada restated a “buy” rating and issued a $280.00 price objective on shares of Alliance Data Systems Corporation in a research note on Friday, July 28th. Piper Jaffray Companies restated a “buy” rating and issued a $302.00 price objective on shares of Alliance Data Systems Corporation in a research note on Thursday, August 3rd. Finally, Oppenheimer Holdings, Inc. set a $191.00 price objective on shares of Alliance Data Systems Corporation and gave the company a “sell” rating in a research note on Thursday, August 24th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $257.00.

Shares of Alliance Data Systems Corporation (NYSE ADS) opened at $224.59 on Thursday. Alliance Data Systems Corporation has a 12 month low of $208.69 and a 12 month high of $266.25. The firm has a market cap of $12,495.59, a PE ratio of 13.44, a PEG ratio of 0.98 and a beta of 1.78. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53.

Alliance Data Systems Corporation (NYSE:ADS) last posted its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.80 by $0.55. The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Alliance Data Systems Corporation had a net margin of 7.09% and a return on equity of 62.95%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.74 earnings per share. research analysts expect that Alliance Data Systems Corporation will post 17.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, November 14th will be issued a dividend of $0.52 per share. The ex-dividend date of this dividend is Monday, November 13th. This represents a $2.08 annualized dividend and a yield of 0.93%. Alliance Data Systems Corporation’s dividend payout ratio is currently 22.06%.

Alliance Data Systems Corporation declared that its board has initiated a stock repurchase program on Thursday, July 27th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

About Alliance Data Systems Corporation

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.

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

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