Pennsylvania Trust Co increased its position in Alliance Data Systems Co. (NYSE:ADS) by 333.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 5,961 shares of the business services provider’s stock after purchasing an additional 4,586 shares during the period. Pennsylvania Trust Co’s holdings in Alliance Data Systems were worth $499,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the stock. CSat Investment Advisory L.P. lifted its position in Alliance Data Systems by 130.8% in the 4th quarter. CSat Investment Advisory L.P. now owns 180 shares of the business services provider’s stock worth $27,000 after buying an additional 102 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in Alliance Data Systems in the 4th quarter worth approximately $47,000. Meeder Asset Management Inc. purchased a new stake in Alliance Data Systems in the 4th quarter worth approximately $56,000. Cerebellum GP LLC purchased a new stake in Alliance Data Systems in the 4th quarter worth approximately $70,000. Finally, Advisors Asset Management Inc. lifted its position in Alliance Data Systems by 59.1% in the 4th quarter. Advisors Asset Management Inc. now owns 506 shares of the business services provider’s stock worth $76,000 after buying an additional 188 shares in the last quarter. 94.38% of the stock is owned by hedge funds and other institutional investors.
ADS traded down $1.77 during trading on Wednesday, hitting $145.06. The stock had a trading volume of 467,316 shares, compared to its average volume of 695,302. The company has a market capitalization of $7.62 billion, a PE ratio of 6.73, a price-to-earnings-growth ratio of 0.48 and a beta of 1.71. Alliance Data Systems Co. has a 12 month low of $142.07 and a 12 month high of $250.27. The company has a debt-to-equity ratio of 7.00, a current ratio of 2.55 and a quick ratio of 2.53.
Alliance Data Systems (NYSE:ADS) last announced its earnings results on Thursday, April 25th. The business services provider reported $3.72 EPS for the quarter, missing the consensus estimate of $3.76 by ($0.04). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.81 billion. Alliance Data Systems had a return on equity of 51.42% and a net margin of 13.10%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the business earned $4.44 EPS. Analysts anticipate that Alliance Data Systems Co. will post 19 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 14th will be given a $0.63 dividend. The ex-dividend date is Monday, May 13th. This represents a $2.52 annualized dividend and a yield of 1.74%. Alliance Data Systems’s dividend payout ratio is 11.69%.
A number of research analysts have recently weighed in on ADS shares. Morgan Stanley downgraded shares of Alliance Data Systems from an “equal weight” rating to an “underweight” rating in a report on Thursday, January 24th. SunTrust Banks raised their price target on shares of Alliance Data Systems from $190.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Oppenheimer restated a “hold” rating on shares of Alliance Data Systems in a report on Friday, April 26th. Stephens upgraded shares of Alliance Data Systems from an “underweight” rating to an “equal weight” rating and set a $160.00 price target on the stock in a report on Monday, April 29th. Finally, BMO Capital Markets cut their price target on shares of Alliance Data Systems from $183.00 to $173.00 and set a “market perform” rating on the stock in a report on Friday, April 26th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $221.42.
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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