Stratos Wealth Partners LTD. bought a new position in shares of Alliance Data Systems Corporation (NYSE:ADS) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,867 shares of the business services provider’s stock, valued at approximately $1,521,000.

A number of other large investors have also modified their holdings of ADS. Vanguard Group Inc. lifted its holdings in shares of Alliance Data Systems Corporation by 0.8% in the second quarter. Vanguard Group Inc. now owns 5,353,265 shares of the business services provider’s stock worth $1,374,130,000 after buying an additional 43,960 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Alliance Data Systems Corporation by 41.3% in the second quarter. Northern Trust Corp now owns 1,308,680 shares of the business services provider’s stock worth $335,925,000 after buying an additional 382,814 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its holdings in shares of Alliance Data Systems Corporation by 8.1% in the second quarter. OMERS ADMINISTRATION Corp now owns 769,200 shares of the business services provider’s stock worth $197,446,000 after buying an additional 57,481 shares in the last quarter. TimesSquare Capital Management LLC lifted its holdings in shares of Alliance Data Systems Corporation by 2.9% in the second quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock worth $173,751,000 after buying an additional 18,922 shares in the last quarter. Finally, Sustainable Growth Advisers LP lifted its holdings in shares of Alliance Data Systems Corporation by 5.9% in the second quarter. Sustainable Growth Advisers LP now owns 596,256 shares of the business services provider’s stock worth $153,053,000 after buying an additional 33,413 shares in the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

A number of equities research analysts recently weighed in on ADS shares. Barclays PLC downgraded shares of Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $285.00 to $265.00 in a research note on Friday, July 21st. Oppenheimer Holdings, Inc. set a $208.00 target price on shares of Alliance Data Systems Corporation and gave the stock a “sell” rating in a report on Thursday, October 26th. BidaskClub cut shares of Alliance Data Systems Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. BMO Capital Markets restated a “hold” rating and issued a $235.00 target price on shares of Alliance Data Systems Corporation in a report on Wednesday, October 18th. Finally, ValuEngine upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $257.00.

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Shares of Alliance Data Systems Corporation (NYSE:ADS) traded up $0.74 during trading hours on Friday, hitting $225.33. The company had a trading volume of 396,700 shares, compared to its average volume of 598,152. The company has a market cap of $12,408.30, a P/E ratio of 13.35, a PEG ratio of 0.97 and a beta of 1.78. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53. Alliance Data Systems Corporation has a 52 week low of $209.00 and a 52 week high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last announced its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.80 by $0.55. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems Corporation had a return on equity of 62.95% and a net margin of 7.09%. The firm’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.74 EPS. research analysts predict that Alliance Data Systems Corporation will post 17.12 EPS for the current year.

Alliance Data Systems Corporation declared that its board has authorized a stock buyback program on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Monday, November 13th. This represents a $2.08 annualized dividend and a yield of 0.92%. Alliance Data Systems Corporation’s payout ratio is 22.06%.

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.

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

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