Stevens Capital Management LP Takes Position in Alliance Data Systems Corporation (ADS)

Stevens Capital Management LP bought a new stake in shares of Alliance Data Systems Corporation (NYSE:ADS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,016 shares of the business services provider’s stock, valued at approximately $1,554,000.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Alliance Data Systems Corporation by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 5,353,265 shares of the business services provider’s stock worth $1,374,130,000 after acquiring an additional 43,960 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Alliance Data Systems Corporation by 41.3% in the 2nd quarter. Northern Trust Corp now owns 1,308,680 shares of the business services provider’s stock worth $335,925,000 after acquiring an additional 382,814 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its holdings in shares of Alliance Data Systems Corporation by 8.1% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 769,200 shares of the business services provider’s stock worth $197,446,000 after acquiring an additional 57,481 shares during the last quarter. TimesSquare Capital Management LLC lifted its holdings in shares of Alliance Data Systems Corporation by 2.9% in the 2nd quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock worth $173,751,000 after acquiring an additional 18,922 shares during the last quarter. Finally, Sustainable Growth Advisers LP lifted its holdings in shares of Alliance Data Systems Corporation by 5.9% in the 2nd quarter. Sustainable Growth Advisers LP now owns 596,256 shares of the business services provider’s stock worth $153,053,000 after acquiring an additional 33,413 shares during the last quarter. Institutional investors and hedge funds own 95.96% of the company’s stock.

Alliance Data Systems Corporation (NYSE:ADS) opened at $225.45 on Monday. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53. The stock has a market cap of $12,455.81, a price-to-earnings ratio of 13.40, a price-to-earnings-growth ratio of 0.98 and a beta of 1.78. Alliance Data Systems Corporation has a 1 year low of $206.41 and a 1 year high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.80 by $0.55. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems Corporation had a net margin of 7.09% and a return on equity of 62.95%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.74 EPS. equities research analysts predict that Alliance Data Systems Corporation will post 17.12 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Monday, November 13th. Alliance Data Systems Corporation’s payout ratio is currently 22.06%.

Alliance Data Systems Corporation declared that its Board of Directors has initiated a share buyback plan on Thursday, July 27th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

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A number of equities research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods restated a “buy” rating and issued a $300.00 price objective on shares of Alliance Data Systems Corporation in a report on Friday, October 6th. KeyCorp restated a “hold” rating on shares of Alliance Data Systems Corporation in a report 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 report 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 report on Thursday, August 3rd. Finally, Oppenheimer Holdings, Inc. set a $191.00 price objective on shares of Alliance Data Systems Corporation and gave the stock a “sell” rating in a report on Thursday, August 24th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $257.00.

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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