Alliance Data Systems (NYSE:ADS) Trading 1.4% Higher

Alliance Data Systems Co. (NYSE:ADS)’s share price traded up 1.4% during trading on Wednesday . The stock traded as high as $42.41 and last traded at $42.61, 91,616 shares were traded during mid-day trading. A decline of 95% from the average session volume of 1,973,027 shares. The stock had previously closed at $42.01.

Several equities analysts have recently commented on the company. ValuEngine raised Alliance Data Systems from a “strong sell” rating to a “sell” rating in a research note on Friday, March 20th. Cfra decreased their price target on Alliance Data Systems from $135.00 to $130.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Royal Bank of Canada decreased their price target on Alliance Data Systems from $138.00 to $135.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. UBS Group decreased their price target on Alliance Data Systems from $143.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Finally, Argus lowered Alliance Data Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $133.88.

The company has a 50 day moving average of $76.55 and a 200-day moving average of $104.21. The company has a debt-to-equity ratio of 7.87, a quick ratio of 2.01 and a current ratio of 2.03. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 6.21, a price-to-earnings-growth ratio of 0.17 and a beta of 1.78.

Alliance Data Systems (NYSE:ADS) last posted its earnings results on Thursday, January 30th. The business services provider reported $4.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.08 by $0.04. Alliance Data Systems had a return on equity of 42.99% and a net margin of 5.57%. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company earned $7.04 EPS. Alliance Data Systems’s revenue was down .2% on a year-over-year basis. On average, research analysts anticipate that Alliance Data Systems Co. will post 20.25 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 14th were issued a dividend of $0.63 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $2.52 annualized dividend and a yield of 6.71%. Alliance Data Systems’s dividend payout ratio (DPR) is 15.38%.

In related news, Director Sharen J. Turney purchased 1,725 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were bought at an average price of $30.16 per share, for a total transaction of $52,026.00. Following the acquisition, the director now directly owns 14,243 shares in the company, valued at $429,568.88. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kenneth R. Jensen purchased 6,630 shares of the business’s stock in a transaction on Friday, March 20th. The shares were bought at an average price of $27.55 per share, for a total transaction of $182,656.50. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 11,355 shares of company stock worth $302,483. 2.80% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of ADS. Stifel Financial Corp boosted its position in shares of Alliance Data Systems by 40.6% in the 3rd quarter. Stifel Financial Corp now owns 14,803 shares of the business services provider’s stock valued at $1,892,000 after purchasing an additional 4,276 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in Alliance Data Systems during the 4th quarter worth approximately $5,406,000. Pictet Asset Management Ltd. lifted its position in Alliance Data Systems by 36.2% during the 3rd quarter. Pictet Asset Management Ltd. now owns 19,926 shares of the business services provider’s stock worth $2,553,000 after acquiring an additional 5,297 shares during the period. Cerebellum GP LLC lifted its position in Alliance Data Systems by 43.8% during the 4th quarter. Cerebellum GP LLC now owns 5,032 shares of the business services provider’s stock worth $565,000 after acquiring an additional 1,533 shares during the period. Finally, Raging Capital Management LLC acquired a new stake in Alliance Data Systems during the 3rd quarter worth approximately $12,022,000. Institutional investors own 91.15% of the company’s stock.

Alliance Data Systems Company Profile (NYSE:ADS)

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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