Engineers Gate Manager LP raised its holdings in Alliance Data Systems Corporation (NYSE:ADS) by 239.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,628 shares of the business services provider’s stock after buying an additional 10,317 shares during the quarter. Engineers Gate Manager LP’s holdings in Alliance Data Systems were worth $3,241,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Green Square Capital LLC grew its position in shares of Alliance Data Systems by 0.3% in the 2nd quarter. Green Square Capital LLC now owns 3,054 shares of the business services provider’s stock worth $784,000 after buying an additional 8 shares during the last quarter. Citizens Financial Group Inc RI grew its position in shares of Alliance Data Systems by 2.2% in the 2nd quarter. Citizens Financial Group Inc RI now owns 909 shares of the business services provider’s stock worth $233,000 after buying an additional 20 shares during the last quarter. Suntrust Banks Inc. grew its position in shares of Alliance Data Systems by 1.7% in the 2nd quarter. Suntrust Banks Inc. now owns 2,240 shares of the business services provider’s stock worth $574,000 after buying an additional 37 shares during the last quarter. Advisor Partners LLC grew its position in shares of Alliance Data Systems by 3.5% in the 2nd quarter. Advisor Partners LLC now owns 1,364 shares of the business services provider’s stock worth $350,000 after buying an additional 46 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC grew its position in shares of Alliance Data Systems by 8.3% in the 2nd quarter. Paradigm Asset Management Co. LLC now owns 650 shares of the business services provider’s stock worth $167,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 95.22% of the company’s stock.

A number of research analysts have recently commented on ADS shares. KeyCorp restated a “hold” rating on shares of Alliance Data Systems in a research note on Friday, August 25th. BMO Capital Markets restated a “hold” rating and issued a $235.00 target price on shares of Alliance Data Systems in a research note on Wednesday, October 18th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems in a research note on Friday, October 6th. Credit Suisse Group restated a “sell” rating and issued a $174.00 target price on shares of Alliance Data Systems in a research note on Thursday, August 17th. Finally, Oppenheimer set a $208.00 target price on Alliance Data Systems and gave the company a “sell” rating in a research note on Thursday, October 26th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $258.27.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of Alliance Data Systems stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total value of $500,080.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is currently owned by company insiders.

Shares of Alliance Data Systems Corporation (NYSE:ADS) opened at $229.86 on Thursday. The company has a market capitalization of $12,845.32, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of 1.01 and a beta of 1.79. Alliance Data Systems Corporation has a fifty-two week low of $209.00 and a fifty-two week high of $266.25. The company has a quick ratio of 2.09, a current ratio of 2.11 and a debt-to-equity ratio of 9.53.

Alliance Data Systems (NYSE:ADS) last posted its earnings results on Thursday, October 19th. The business services provider reported $5.35 EPS for the quarter, topping the Zacks’ consensus estimate of $4.80 by $0.55. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.97 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $4.74 EPS. sell-side analysts expect that Alliance Data Systems Corporation will post 17.12 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Monday, November 13th. Alliance Data Systems’s payout ratio is 22.06%.

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About Alliance Data Systems

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 (NYSE:ADS)

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