Alliance Data Systems Co. (ADS) Holdings Lowered by Raymond James & Associates

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Raymond James & Associates trimmed its position in Alliance Data Systems Co. (NYSE:ADS) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,659 shares of the business services provider’s stock after selling 8,947 shares during the quarter. Raymond James & Associates owned approximately 0.08% of Alliance Data Systems worth $6,702,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc boosted its holdings in shares of Alliance Data Systems by 0.9% in the third quarter. Vanguard Group Inc now owns 4,977,881 shares of the business services provider’s stock worth $1,175,576,000 after buying an additional 42,538 shares during the period. BlackRock Inc. boosted its holdings in shares of Alliance Data Systems by 4.3% during the fourth quarter. BlackRock Inc. now owns 3,265,413 shares of the business services provider’s stock worth $490,074,000 after purchasing an additional 133,870 shares during the period. FMR LLC boosted its holdings in shares of Alliance Data Systems by 3.8% during the third quarter. FMR LLC now owns 2,693,308 shares of the business services provider’s stock worth $636,051,000 after purchasing an additional 97,717 shares during the period. Boston Partners boosted its holdings in shares of Alliance Data Systems by 26.5% during the fourth quarter. Boston Partners now owns 1,286,032 shares of the business services provider’s stock worth $193,008,000 after purchasing an additional 269,436 shares during the period. Finally, Parnassus Investments CA boosted its holdings in shares of Alliance Data Systems by 0.6% during the fourth quarter. Parnassus Investments CA now owns 1,251,925 shares of the business services provider’s stock worth $187,889,000 after purchasing an additional 6,925 shares during the period. Institutional investors own 90.00% of the company’s stock.

Several analysts recently commented on ADS shares. Citigroup decreased their price target on shares of Alliance Data Systems to $218.00 in a report on Wednesday, November 28th. They noted that the move was a valuation call. SunTrust Banks decreased their price target on shares of Alliance Data Systems to $250.00 and set a “buy” rating for the company in a report on Monday, November 19th. Deutsche Bank set a $188.00 price target on shares of Alliance Data Systems and gave the stock a “buy” rating in a report on Friday, February 8th. TheStreet cut shares of Alliance Data Systems from a “b-” rating to a “c+” rating in a report on Monday, November 26th. Finally, Stephens set a $227.00 price target on shares of Alliance Data Systems and gave the stock an “equal weight” rating in a report on Tuesday, November 27th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $239.00.

Shares of ADS opened at $169.69 on Friday. The company has a market cap of $8.90 billion, a P/E ratio of 7.87, a price-to-earnings-growth ratio of 0.83 and a beta of 1.78. The company has a debt-to-equity ratio of 6.77, a quick ratio of 1.81 and a current ratio of 2.15. Alliance Data Systems Co. has a twelve month low of $142.58 and a twelve month high of $250.27.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, February 7th. The business services provider reported $7.04 earnings per share for the quarter, beating the consensus estimate of $6.78 by $0.26. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.13 billion. Alliance Data Systems had a net margin of 12.36% and a return on equity of 54.62%. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $6.26 earnings per share. Analysts predict that Alliance Data Systems Co. will post 20.58 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 19th. Investors of record on Thursday, February 21st will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.49%. The ex-dividend date is Wednesday, February 20th. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.57. Alliance Data Systems’s dividend payout ratio (DPR) is presently 11.69%.

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

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