Commonwealth Bank of Australia increased its holdings in shares of Alliance Data Systems Co. (NYSE:ADS) by 42.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,713 shares of the business services provider’s stock after acquiring an additional 2,304 shares during the quarter. Commonwealth Bank of Australia’s holdings in Alliance Data Systems were worth $1,156,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Asset Management Company LTD increased its position in Alliance Data Systems by 2.1% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 3,570 shares of the business services provider’s stock worth $535,000 after buying an additional 75 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in Alliance Data Systems by 11.9% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 900 shares of the business services provider’s stock worth $135,000 after buying an additional 96 shares during the last quarter. Daiwa Securities Group Inc. increased its position in Alliance Data Systems by 5.8% in the fourth quarter. Daiwa Securities Group Inc. now owns 1,822 shares of the business services provider’s stock worth $273,000 after buying an additional 100 shares during the last quarter. Cim Investment Mangement Inc. increased its position in Alliance Data Systems by 7.9% in the fourth quarter. Cim Investment Mangement Inc. now owns 2,053 shares of the business services provider’s stock worth $308,000 after buying an additional 151 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in Alliance Data Systems by 5.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,259 shares of the business services provider’s stock worth $489,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

A number of analysts have issued reports on the company. Deutsche Bank set a $188.00 target price on Alliance Data Systems and gave the stock a “buy” rating in a research report on Friday, February 8th. Stephens set a $188.00 target price on Alliance Data Systems and gave the stock a “hold” rating in a research report on Friday, February 8th. Robert W. Baird downgraded Alliance Data Systems from an “outperform” rating to a “neutral” rating and set a $171.00 target price for the company. in a research report on Friday, February 8th. Zacks Investment Research downgraded Alliance Data Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, January 29th. Finally, Morgan Stanley downgraded Alliance Data Systems from an “equal weight” rating to an “underweight” rating in a research report on Thursday, January 24th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $239.00.

Shares of NYSE ADS opened at $172.41 on Friday. The firm has a market capitalization of $9.14 billion, a PE ratio of 8.00, a P/E/G ratio of 0.83 and a beta of 1.78. Alliance Data Systems Co. has a fifty-two week low of $142.58 and a fifty-two week high of $250.27. The company has a debt-to-equity ratio of 6.77, a current ratio of 2.15 and a quick ratio of 1.81.

Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings results on Thursday, February 7th. The business services provider reported $7.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $6.78 by $0.26. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.13 billion. Alliance Data Systems had a return on equity of 54.62% and a net margin of 12.36%. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $6.26 earnings per share. As a group, equities research analysts predict that Alliance Data Systems Co. will post 20.58 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Stockholders of record on Thursday, February 21st will be given a $0.63 dividend. The ex-dividend date is Wednesday, February 20th. This is a boost from Alliance Data Systems’s previous quarterly dividend of $0.57. This represents a $2.52 annualized dividend and a dividend yield of 1.46%. Alliance Data Systems’s payout ratio is 11.69%.

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About Alliance Data Systems

Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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