Advisor Partners LLC increased its stake in shares of Alliance Data Systems Corporation (NYSE:ADS) by 3.5% during the second quarter, Holdings Channel reports. The firm owned 1,364 shares of the business services provider’s stock after buying an additional 46 shares during the period. Advisor Partners LLC’s holdings in Alliance Data Systems Corporation were worth $350,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ADS. Johnson Financial Group Inc. boosted its stake in shares of Alliance Data Systems Corporation by 9.8% in the first quarter. Johnson Financial Group Inc. now owns 426 shares of the business services provider’s stock valued at $106,000 after buying an additional 38 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Alliance Data Systems Corporation by 68.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 462 shares of the business services provider’s stock valued at $115,000 after buying an additional 188 shares during the period. Quadrant Capital Group LLC boosted its stake in shares of Alliance Data Systems Corporation by 0.8% in the first quarter. Quadrant Capital Group LLC now owns 482 shares of the business services provider’s stock valued at $116,000 after buying an additional 4 shares during the period. FNY Partners Fund LP boosted its stake in shares of Alliance Data Systems Corporation by 163.0% in the first quarter. FNY Partners Fund LP now owns 526 shares of the business services provider’s stock valued at $130,000 after buying an additional 326 shares during the period. Finally, Invictus RG boosted its stake in shares of Alliance Data Systems Corporation by 189.7% in the first quarter. Invictus RG now owns 565 shares of the business services provider’s stock valued at $141,000 after buying an additional 370 shares during the period. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Alliance Data Systems Corporation (NYSE ADS) opened at 222.21 on Friday. The firm has a market capitalization of $12.33 billion, a PE ratio of 25.34 and a beta of 1.76. The firm’s 50-day moving average is $249.92 and its 200-day moving average is $244.76. Alliance Data Systems Corporation has a 12 month low of $193.67 and a 12 month high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last released its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the prior year, the company posted $3.68 earnings per share. The firm’s revenue was up 4.2% on a year-over-year basis. On average, equities research analysts expect that Alliance Data Systems Corporation will post $18.06 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Monday, August 14th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $2.08 dividend on an annualized basis and a yield of 0.94%. Alliance Data Systems Corporation’s dividend payout ratio is currently 23.69%.

Alliance Data Systems Corporation announced that its Board of Directors has initiated a share repurchase program on Thursday, July 27th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

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Several analysts recently commented on ADS shares. TheStreet upgraded shares of Alliance Data Systems Corporation from a “c” rating to a “b” rating in a research note on Thursday, April 20th. Zacks Investment Research upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 target price for the company in a report on Tuesday, June 20th. Jefferies Group LLC restated a “buy” rating and set a $270.00 target price on shares of Alliance Data Systems Corporation in a report on Tuesday, May 2nd. Deutsche Bank AG set a $278.00 target price on shares of Alliance Data Systems Corporation and gave the company a “buy” rating in a report on Monday, May 1st. Finally, ValuEngine upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $255.97.

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

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