Dimensional Fund Advisors LP boosted its holdings in Alliance Data Systems Corporation (NYSE:ADS) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,241 shares of the business services provider’s stock after purchasing an additional 2,589 shares during the period. Dimensional Fund Advisors LP owned about 0.43% of Alliance Data Systems Corporation worth $61,927,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Fiduciary Trust Co. bought a new position in Alliance Data Systems Corporation in the second quarter valued at $108,000. Johnson Financial Group Inc. grew its position in 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 purchasing an additional 38 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Alliance Data Systems Corporation by 5.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 26 shares in the last quarter. FNY Partners Fund LP grew its position in 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 purchasing an additional 326 shares in the last quarter. Finally, Invictus RG grew its position in 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 purchasing an additional 370 shares in the last quarter. 96.04% of the stock is owned by institutional investors and hedge funds.

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Shares of Alliance Data Systems Corporation (NYSE:ADS) opened at 230.86 on Friday. Alliance Data Systems Corporation has a 1-year low of $197.69 and a 1-year high of $266.25. The stock’s 50 day moving average is $221.23 and its 200-day moving average is $239.81. The firm has a market cap of $12.81 billion, a PE ratio of 26.32 and a beta of 1.75.

Alliance Data Systems Corporation (NYSE:ADS) last posted its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.47 by $0.37. The company 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 firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.68 earnings per share. Analysts expect that Alliance Data Systems Corporation will post $18.07 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Investors of record on Monday, August 14th were given a dividend of $0.52 per share. The ex-dividend date was Thursday, August 10th. This represents a $2.08 annualized dividend and a yield of 0.90%. Alliance Data Systems Corporation’s payout ratio is currently 23.69%.

Alliance Data Systems Corporation declared that its board has authorized a stock buyback plan 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. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

A number of research analysts recently weighed in on the stock. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems Corporation in a research report on Friday, October 6th. BidaskClub raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. KeyCorp reaffirmed a “hold” rating on shares of Alliance Data Systems Corporation in a research report on Friday, August 25th. Argus reaffirmed a “buy” rating and issued a $290.00 target price (down previously from $309.00) on shares of Alliance Data Systems Corporation in a research report on Sunday, July 30th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $302.00 target price on shares of Alliance Data Systems Corporation in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $252.33.

Alliance Data Systems Corporation 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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