Hosking Partners LLP lifted its stake in shares of Alliance Data Systems Co. (NYSE:ADS) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,975 shares of the business services provider’s stock after buying an additional 3,207 shares during the quarter. Hosking Partners LLP owned approximately 0.08% of Alliance Data Systems worth $11,654,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in the company. Edgewood Management LLC boosted its holdings in Alliance Data Systems by 1.1% in the third quarter. Edgewood Management LLC now owns 2,900,220 shares of the business services provider’s stock valued at $642,544,000 after purchasing an additional 30,560 shares in the last quarter. Parnassus Investments CA boosted its holdings in shares of Alliance Data Systems by 3.0% in the fourth quarter. Parnassus Investments CA now owns 695,000 shares of the business services provider’s stock valued at $176,169,000 after acquiring an additional 20,000 shares during the period. USS Investment Management Ltd boosted its holdings in shares of Alliance Data Systems by 24.3% in the fourth quarter. USS Investment Management Ltd now owns 678,796 shares of the business services provider’s stock valued at $172,078,000 after acquiring an additional 132,796 shares during the period. Atlantic Trust Group LLC boosted its holdings in shares of Alliance Data Systems by 53.6% in the third quarter. Atlantic Trust Group LLC now owns 572,862 shares of the business services provider’s stock valued at $126,917,000 after acquiring an additional 199,877 shares during the period. Finally, Boston Partners boosted its holdings in shares of Alliance Data Systems by 21.3% in the third quarter. Boston Partners now owns 531,378 shares of the business services provider’s stock valued at $117,727,000 after acquiring an additional 93,296 shares during the period. 94.00% of the stock is owned by institutional investors and hedge funds.
In related news, CFO Charles L. Horn sold 2,128 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.60% of the stock is currently owned by company insiders.
Alliance Data Systems Co. (NYSE:ADS) traded down $1.85 during mid-day trading on Wednesday, reaching $242.72. The company’s stock had a trading volume of 156,952 shares, compared to its average volume of 666,697. The company has a quick ratio of 2.09, a current ratio of 1.91 and a debt-to-equity ratio of 8.02. Alliance Data Systems Co. has a 52 week low of $209.00 and a 52 week high of $278.33. The stock has a market cap of $13,518.25, a P/E ratio of 17.20, a PEG ratio of 0.88 and a beta of 1.71.
Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.72 by $1.38. The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.15 billion. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. Alliance Data Systems’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.67 EPS. equities research analysts anticipate that Alliance Data Systems Co. will post 21.49 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Wednesday, February 14th will be given a $0.57 dividend. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $2.28 annualized dividend and a dividend yield of 0.94%. Alliance Data Systems’s dividend payout ratio (DPR) is presently 16.14%.
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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