Alliance Data Systems Co. (NYSE:ADS)’s share price reached a new 52-week high on Monday . The stock traded as high as $276.37 and last traded at $276.37, with a volume of 429800 shares changing hands. The stock had previously closed at $273.62.

ADS has been the topic of several analyst reports. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $300.00 target price on shares of Alliance Data Systems in a research report on Friday, October 6th. BMO Capital Markets reiterated a “hold” rating and set a $235.00 target price on shares of Alliance Data Systems in a research report on Wednesday, October 18th. SunTrust Banks reiterated a “buy” rating and set a $310.00 target price on shares of Alliance Data Systems in a research report on Friday, October 20th. Oppenheimer set a $208.00 target price on Alliance Data Systems and gave the company a “sell” rating in a research report on Thursday, October 19th. Finally, ValuEngine upgraded Alliance Data Systems from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. Alliance Data Systems presently has an average rating of “Hold” and a consensus target price of $267.59.

The company has a debt-to-equity ratio of 9.53, a quick ratio of 2.09 and a current ratio of 2.11. The stock has a market capitalization of $14,260.00, a price-to-earnings ratio of 27.37, a P/E/G ratio of 0.99 and a beta of 1.79.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 EPS for the quarter, beating the Zacks’ consensus estimate of $4.80 by $0.55. The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm earned $4.74 earnings per share. sell-side analysts expect that Alliance Data Systems Co. will post 17.08 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Monday, November 13th. This represents a $2.08 dividend on an annualized basis and a yield of 0.81%. Alliance Data Systems’s dividend payout ratio is presently 22.06%.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.60% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of ADS. Commonwealth Bank of Australia increased its holdings in shares of Alliance Data Systems by 66.6% in the second quarter. Commonwealth Bank of Australia now owns 728 shares of the business services provider’s stock worth $185,000 after purchasing an additional 291 shares during the last quarter. Riverhead Capital Management LLC increased its holdings in shares of Alliance Data Systems by 3.8% in the second quarter. Riverhead Capital Management LLC now owns 2,376 shares of the business services provider’s stock worth $610,000 after purchasing an additional 87 shares during the last quarter. Teachers Advisors LLC increased its holdings in shares of Alliance Data Systems by 3.4% in the second quarter. Teachers Advisors LLC now owns 145,145 shares of the business services provider’s stock worth $37,257,000 after purchasing an additional 4,836 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Alliance Data Systems by 39.0% in the second quarter. Amalgamated Bank now owns 5,992 shares of the business services provider’s stock worth $1,538,000 after purchasing an additional 1,682 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Alliance Data Systems by 28.8% in the second quarter. PNC Financial Services Group Inc. now owns 9,232 shares of the business services provider’s stock worth $2,369,000 after purchasing an additional 2,063 shares during the last quarter. 94.59% of the stock is currently owned by hedge funds and other institutional investors.

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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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