Alliance Data Systems (NYSE:ADS) was upgraded by stock analysts at Edward Jones from a “hold” rating to a “buy” rating in a research report issued on Monday, Marketbeat.com reports.
A number of other equities analysts have also weighed in on ADS. BMO Capital Markets reissued a “hold” rating and issued a $235.00 target price on shares of Alliance Data Systems in a research report on Wednesday, November 22nd. Barclays raised shares of Alliance Data Systems from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $265.00 to $310.00 in a research report on Wednesday, January 3rd. Stephens set a $304.00 price target on shares of Alliance Data Systems and gave the company a “buy” rating in a research report on Tuesday, January 2nd. Royal Bank of Canada reaffirmed a “buy” rating and set a $293.00 price target on shares of Alliance Data Systems in a research report on Thursday, January 4th. Finally, Zacks Investment Research raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating and set a $296.00 price target for the company in a research report on Friday, January 5th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $276.44.
Alliance Data Systems (NYSE ADS) opened at $242.39 on Monday. Alliance Data Systems has a 52-week low of $209.00 and a 52-week high of $278.33. The company has a debt-to-equity ratio of 8.02, a current ratio of 1.91 and a quick ratio of 2.09. The firm has a market capitalization of $13,510.00, a PE ratio of 15.85, a price-to-earnings-growth ratio of 0.87 and a beta of 1.71.
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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Melisa A. Miller sold 12,246 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $245.09, for a total value of $3,001,372.14. Following the transaction, the executive vice president now owns 42,654 shares of the company’s stock, valued at $10,454,068.86. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,374 shares of company stock valued at $8,642,882. 2.60% of the stock is currently owned by corporate insiders.
Large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake in shares of Alliance Data Systems by 516.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 493 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 413 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of Alliance Data Systems during the 4th quarter valued at approximately $152,000. FNY Managed Accounts LLC bought a new position in Alliance Data Systems in the 4th quarter worth approximately $190,000. Cubic Asset Management LLC bought a new position in Alliance Data Systems in the 4th quarter worth approximately $208,000. Finally, Groesbeck Investment Management Corp NJ bought a new position in Alliance Data Systems in the 4th quarter worth approximately $208,000. Institutional investors own 94.00% of the company’s stock.
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Alliance Data Systems 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.
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