Alliance Data Systems Co. (ADS) Insider Edward J. Heffernan Sells 21,000 Shares of Stock

Alliance Data Systems Co. (NYSE:ADS) insider Edward J. Heffernan sold 21,000 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $244.83, for a total value of $5,141,430.00. Following the transaction, the insider now owns 264,668 shares of the company’s stock, valued at approximately $64,798,666.44. The transaction was disclosed in a filing with the SEC, which is available at this link.

Alliance Data Systems Co. (NYSE:ADS) traded up $2.99 during trading on Thursday, reaching $242.58. The company had a trading volume of 93,891 shares, compared to its average volume of 666,252. Alliance Data Systems Co. has a fifty-two week low of $209.00 and a fifty-two 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 company has a market capitalization of $13,512.17, a PE ratio of 17.06, a P/E/G ratio of 0.88 and a beta of 1.71.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, topping analysts’ consensus estimates of $4.72 by $1.38. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. The business had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the company posted $4.67 earnings per share. Alliance Data Systems’s quarterly revenue was up 15.2% on a year-over-year basis. sell-side analysts anticipate that Alliance Data Systems Co. will post 21.49 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Wednesday, February 14th will be issued a dividend of $0.57 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $2.28 dividend on an annualized basis and a yield of 0.94%. This is a boost from Alliance Data Systems’s previous quarterly dividend of $0.52. Alliance Data Systems’s dividend payout ratio (DPR) is presently 16.14%.

A number of equities analysts have issued reports on ADS shares. Zacks Investment Research upgraded Alliance Data Systems from a “hold” rating to a “buy” rating and set a $296.00 target price for the company in a report on Friday, January 5th. Barclays restated an “equal weight” rating and issued a $298.00 price objective (up previously from $278.00) on shares of Alliance Data Systems in a report on Monday, January 8th. Royal Bank of Canada restated a “buy” rating and issued a $293.00 price objective on shares of Alliance Data Systems in a report on Thursday, January 4th. Oppenheimer set a $208.00 price objective on Alliance Data Systems and gave the company a “sell” rating in a report on Thursday, October 26th. Finally, BMO Capital Markets restated a “hold” rating and issued a $235.00 price objective on shares of Alliance Data Systems in a report on Wednesday, November 22nd. Four 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 stock has a consensus rating of “Hold” and a consensus price target of $276.44.

A number of institutional investors have recently bought and sold shares of ADS. Assetmark Inc. grew its holdings in Alliance Data Systems by 26,447.1% during the fourth quarter. Assetmark Inc. now owns 516,342 shares of the business services provider’s stock worth $5,083,000 after purchasing an additional 514,397 shares during the period. Turtle Creek Asset Management Inc. grew its holdings in Alliance Data Systems by 3,379.9% during the third quarter. Turtle Creek Asset Management Inc. now owns 259,250 shares of the business services provider’s stock worth $57,437,000 after purchasing an additional 251,800 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its position in Alliance Data Systems by 73.4% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 528,111 shares of the business services provider’s stock worth $133,866,000 after acquiring an additional 223,600 shares during the last quarter. Atlantic Trust Group LLC lifted its position in Alliance Data Systems by 53.6% during the third quarter. Atlantic Trust Group LLC now owns 572,862 shares of the business services provider’s stock worth $126,917,000 after acquiring an additional 199,877 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. acquired a new stake in Alliance Data Systems during the fourth quarter worth approximately $35,587,000. Institutional investors and hedge funds own 94.00% of the company’s stock.

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About Alliance Data Systems

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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