Alliance Data Systems Corp. (NYSE:ADS) traded up 1.4% during mid-day trading on Tuesday . The stock traded as high as $214.73 and last traded at $214.30, with a volume of 593,811 shares changing hands. The stock had previously closed at $211.30.

Several equities research analysts have recently issued reports on the stock. Vetr cut shares of Alliance Data Systems Corp. from a “strong-buy” rating to a “buy” rating and set a $248.36 price objective on the stock. in a research report on Tuesday, May 31st. Barclays PLC reduced their price objective on shares of Alliance Data Systems Corp. from $280.00 to $240.00 and set an “overweight” rating on the stock in a research report on Thursday, July 7th. Pacific Crest reiterated an “overweight” rating and set a $250.00 price objective on shares of Alliance Data Systems Corp. in a research report on Friday. Deutsche Bank AG reiterated a “buy” rating on shares of Alliance Data Systems Corp. in a research report on Monday, March 28th. Finally, Stifel Nicolaus cut shares of Alliance Data Systems Corp. from a “buy” rating to a “hold” rating in a research report on Monday. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Alliance Data Systems Corp. currently has a consensus rating of “Buy” and an average price target of $279.32.

The stock has a market capitalization of $12.64 billion and a price-to-earnings ratio of 24.16. The company has a 50-day moving average price of $207.93 and a 200 day moving average price of $212.80.

Alliance Data Systems Corp. (NYSE:ADS) last issued its earnings results on Thursday, April 21st. The company reported $3.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.83 by $0.01. During the same period last year, the business earned $3.65 earnings per share. The company earned $1.68 billion during the quarter, compared to analyst estimates of $1.70 billion. The firm’s revenue was up 4.7% compared to the same quarter last year. Analysts predict that Alliance Data Systems Corp. will post $16.78 EPS for the current fiscal year.

In other Alliance Data Systems Corp. news, Director Bruce K. Anderson sold 354 shares of the firm’s stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $221.70, for a total value of $78,481.80. Following the completion of the sale, the director now directly owns 854,073 shares of the company’s stock, valued at approximately $189,347,984.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Several institutional investors have added to or reduced their stakes in ADS. Vanguard Group Inc. boosted its position in Alliance Data Systems Corp. by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 5,035,260 shares of the company’s stock worth $1,392,601,000 after buying an additional 125,082 shares in the last quarter. Edgewood Management LLC boosted its position in Alliance Data Systems Corp. by 4.5% in the fourth quarter. Edgewood Management LLC now owns 2,333,447 shares of the company’s stock worth $645,361,000 after buying an additional 100,231 shares in the last quarter. Boston Partners boosted its position in Alliance Data Systems Corp. by 7.2% in the fourth quarter. Boston Partners now owns 604,975 shares of the company’s stock worth $167,318,000 after buying an additional 40,791 shares in the last quarter. UBS Oconnor LLC boosted its position in Alliance Data Systems Corp. by 17.5% in the fourth quarter. UBS Oconnor LLC now owns 402,149 shares of the company’s stock worth $111,222,000 after buying an additional 59,917 shares in the last quarter. Finally, Atlantic Trust Group LLC boosted its position in Alliance Data Systems Corp. by 1.5% in the fourth quarter. Atlantic Trust Group LLC now owns 338,839 shares of the company’s stock worth $93,712,000 after buying an additional 5,049 shares in the last quarter.

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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