Schroder Investment Management Group increased its holdings in Alliance Data Systems Corporation (NYSE:ADS) by 669.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,873 shares of the business services provider’s stock after purchasing an additional 66,887 shares during the quarter. Schroder Investment Management Group owned 0.14% of Alliance Data Systems Corporation worth $19,842,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of ADS. BlackRock Inc. raised its position in Alliance Data Systems Corporation by 3,103.0% in the 1st quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock worth $830,376,000 after purchasing an additional 3,230,733 shares during the period. ValueAct Holdings L.P. raised its position in Alliance Data Systems Corporation by 12.0% in the 1st quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock worth $1,463,473,000 after purchasing an additional 630,900 shares during the period. Thrivent Financial For Lutherans raised its position in Alliance Data Systems Corporation by 117.2% in the 1st quarter. Thrivent Financial For Lutherans now owns 1,108,415 shares of the business services provider’s stock worth $275,995,000 after purchasing an additional 598,200 shares during the period. Morgan Stanley raised its position in Alliance Data Systems Corporation by 173.0% in the 1st quarter. Morgan Stanley now owns 688,894 shares of the business services provider’s stock worth $171,534,000 after purchasing an additional 436,590 shares during the period. Finally, USS Investment Management Ltd raised its position in Alliance Data Systems Corporation by 321.7% in the 2nd quarter. USS Investment Management Ltd now owns 506,000 shares of the business services provider’s stock worth $129,926,000 after purchasing an additional 386,000 shares during the period. Institutional investors own 96.09% of the company’s stock.

Alliance Data Systems Corporation (NYSE:ADS) opened at 222.46 on Thursday. The stock has a market cap of $12.34 billion, a PE ratio of 25.37 and a beta of 1.76. Alliance Data Systems Corporation has a 12 month low of $197.69 and a 12 month high of $266.25. The company’s 50 day moving average is $228.03 and its 200 day moving average is $243.72.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Monday, August 14th will be issued a $0.52 dividend. The ex-dividend date is Thursday, August 10th. This represents a $2.08 annualized dividend and a dividend yield of 0.93%. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is presently 23.69%.

Alliance Data Systems Corporation announced that its board has initiated a stock buyback program on Thursday, July 27th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

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A number of equities analysts recently commented on the stock. Credit Suisse Group reiterated an “underperform” rating on shares of Alliance Data Systems Corporation in a research report on Tuesday, September 5th. ValuEngine cut shares of Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems Corporation in a research report on Thursday, August 31st. Oppenheimer Holdings, Inc. set a $191.00 target price on shares of Alliance Data Systems Corporation and gave the stock a “sell” rating in a research report on Thursday, August 24th. Finally, KeyCorp reiterated a “hold” rating on shares of Alliance Data Systems Corporation in a research report on Friday, August 25th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. Alliance Data Systems Corporation presently has an average rating of “Hold” and a consensus price target of $255.47.

About Alliance Data Systems Corporation

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.

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

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