Federated Investors Inc. PA Grows Holdings in Alliance Data Systems Corporation (ADS)

Federated Investors Inc. PA grew its stake in Alliance Data Systems Corporation (NYSE:ADS) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,426 shares of the business services provider’s stock after acquiring an additional 515 shares during the period. Federated Investors Inc. PA’s holdings in Alliance Data Systems Corporation were worth $5,243,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ADS. Johnson Financial Group Inc. raised its stake in shares of Alliance Data Systems Corporation by 9.8% during the first quarter. Johnson Financial Group Inc. now owns 426 shares of the business services provider’s stock worth $106,000 after buying an additional 38 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Alliance Data Systems Corporation by 68.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 462 shares of the business services provider’s stock valued at $115,000 after purchasing an additional 188 shares during the period. FNY Partners Fund LP grew its holdings in Alliance Data Systems Corporation by 163.0% during the first quarter. FNY Partners Fund LP now owns 526 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 326 shares during the period. Invictus RG grew its holdings in Alliance Data Systems Corporation by 189.7% during the first quarter. Invictus RG now owns 565 shares of the business services provider’s stock valued at $141,000 after purchasing an additional 370 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in Alliance Data Systems Corporation during the first quarter valued at approximately $141,000. 96.09% of the stock is owned by institutional investors.

Shares of Alliance Data Systems Corporation (NYSE ADS) opened at 216.00 on Friday. Alliance Data Systems Corporation has a 52-week low of $197.69 and a 52-week high of $266.25. The company has a market capitalization of $11.98 billion, a price-to-earnings ratio of 24.63 and a beta of 1.76. The firm’s 50-day moving average is $226.19 and its 200 day moving average is $243.17.

Alliance Data Systems Corporation (NYSE:ADS) last posted its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, topping the consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the company earned $3.68 earnings per share. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities research analysts anticipate that Alliance Data Systems Corporation will post $18.06 earnings per share for the current year.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Monday, August 14th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Thursday, August 10th. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is currently 23.69%.

A number of research analysts recently issued reports on ADS shares. ValuEngine upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. Zacks Investment Research upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 price objective for the company in a report on Tuesday, June 20th. Argus started coverage on shares of Alliance Data Systems Corporation in a report on Thursday, July 13th. They set a “buy” rating and a $309.00 price objective for the company. Deutsche Bank AG restated a “buy” rating and set a $278.00 price objective on shares of Alliance Data Systems Corporation in a report on Monday, July 10th. Finally, BidaskClub upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $255.47.

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Alliance Data Systems Corporation 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.

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

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