GHP Investment Advisors Inc. lifted its holdings in shares of Alliance Data Systems Co. (NYSE:ADS) by 26.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,314 shares of the business services provider’s stock after acquiring an additional 482 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Alliance Data Systems were worth $587,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in Alliance Data Systems by 516.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 493 shares of the business services provider’s stock worth $125,000 after purchasing an additional 413 shares in the last quarter. Tower Research Capital LLC TRC bought a new position in Alliance Data Systems in the fourth quarter worth $152,000. FNY Managed Accounts LLC bought a new position in Alliance Data Systems in the fourth quarter worth $190,000. Cubic Asset Management LLC bought a new position in Alliance Data Systems in the fourth quarter worth $208,000. Finally, Groesbeck Investment Management Corp NJ bought a new position in Alliance Data Systems in the fourth quarter worth $208,000. Institutional investors and hedge funds own 94.61% of the company’s stock.
ADS has been the subject of a number of research reports. Zacks Investment Research upgraded Alliance Data Systems from a “hold” rating to a “buy” rating and set a $296.00 price objective for the company in a report on Friday, January 5th. Royal Bank of Canada restated a “buy” rating and set a $293.00 price target on shares of Alliance Data Systems in a report on Thursday, January 4th. Barclays reaffirmed an “equal weight” rating and set a $298.00 price objective (up from $278.00) on shares of Alliance Data Systems in a research report on Monday, January 8th. BMO Capital Markets reaffirmed a “hold” rating and set a $235.00 price objective on shares of Alliance Data Systems in a research report on Wednesday, November 22nd. Finally, Credit Suisse Group reaffirmed an “underperform” rating and set a $218.00 price objective (up from $193.00) on shares of Alliance Data Systems in a research report on Wednesday, January 17th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $275.05.
Alliance Data Systems Co. (NYSE ADS) opened at $230.33 on Thursday. The company has a debt-to-equity ratio of 9.69, a current ratio of 2.43 and a quick ratio of 2.41. Alliance Data Systems Co. has a 12 month low of $209.00 and a 12 month high of $278.33. The company has a market capitalization of $12,901.97, a PE ratio of 16.30, a PEG ratio of 0.83 and a beta of 1.69.
Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the company earned $4.67 earnings per share. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. research analysts expect that Alliance Data Systems Co. will post 21.49 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Wednesday, February 14th will be paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Tuesday, February 13th. This is an increase from Alliance Data Systems’s previous quarterly dividend of $0.52. Alliance Data Systems’s dividend payout ratio (DPR) is 16.14%.
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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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