Amica Mutual Insurance Co. maintained its position in shares of Alliance Data Systems Corp. (NYSE:ADS) during the third quarter, Holdings Channel reports. The fund owned 8,173 shares of the company’s stock at the end of the third quarter. Amica Mutual Insurance Co.’s holdings in Alliance Data Systems Corp. were worth $1,753,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Quadrant Capital Group LLC increased its position in Alliance Data Systems Corp. by 19.8% in the third quarter. Quadrant Capital Group LLC now owns 526 shares of the company’s stock valued at $107,000 after buying an additional 87 shares in the last quarter. MSI Financial Services Inc increased its position in Alliance Data Systems Corp. by 37.2% in the third quarter. MSI Financial Services Inc now owns 520 shares of the company’s stock valued at $112,000 after buying an additional 141 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its position in Alliance Data Systems Corp. by 38.8% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 540 shares of the company’s stock valued at $116,000 after buying an additional 151 shares in the last quarter. FNY Managed Accounts LLC purchased a new position in Alliance Data Systems Corp. during the third quarter valued at about $118,000. Finally, First Interstate Bank purchased a new position in Alliance Data Systems Corp. during the second quarter valued at about $129,000. 93.38% of the stock is owned by hedge funds and other institutional investors.

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

Alliance Data Systems Corp. (NYSE:ADS) traded up 0.03% during midday trading on Wednesday, hitting $228.78. The stock had a trading volume of 677,951 shares. The firm has a 50 day moving average of $211.12 and a 200 day moving average of $211.77. Alliance Data Systems Corp. has a 52 week low of $176.63 and a 52 week high of $289.74. The firm has a market cap of $13.21 billion, a price-to-earnings ratio of 24.18 and a beta of 1.63.

Alliance Data Systems Corp. (NYSE:ADS) last posted its earnings results on Thursday, October 20th. The company reported $4.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $4.44 by $0.30. Alliance Data Systems Corp. had a return on equity of 50.86% and a net margin of 9.59%. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same period in the previous year, the firm earned $3.95 earnings per share. The business’s revenue was up 13.7% compared to the same quarter last year. Equities research analysts predict that Alliance Data Systems Corp. will post $16.91 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 3rd will be paid a dividend of $0.52 per share. The ex-dividend date is Tuesday, November 1st. This represents a $2.08 annualized dividend and a dividend yield of 0.91%. Alliance Data Systems Corp.’s dividend payout ratio (DPR) is presently 22.01%.

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Several analysts recently commented on the company. Zacks Investment Research cut Alliance Data Systems Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, September 21st. Atlantic Securities assumed coverage on Alliance Data Systems Corp. in a report on Wednesday, October 5th. They issued an “overweight” rating and a $270.00 target price on the stock. JMP Securities reiterated a “buy” rating on shares of Alliance Data Systems Corp. in a report on Tuesday, October 4th. BMO Capital Markets reiterated a “hold” rating and issued a $235.00 target price on shares of Alliance Data Systems Corp. in a report on Friday, October 21st. Finally, Credit Suisse Group AG cut Alliance Data Systems Corp. from a “neutral” rating to an “underperform” rating and upped their target price for the company from $233.00 to $290.00 in a report on Wednesday, August 17th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $257.68.

In related news, CFO Charles L. Horn sold 1,290 shares of the company’s stock in a transaction on Friday, November 25th. The stock was sold at an average price of $234.53, for a total value of $302,543.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.50% of the company’s stock.

Alliance Data Systems Corp. 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.

5 Day Chart for NYSE:ADS

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