Cooke & Bieler LP bought a new stake in Alliance Data Systems Corp. (NYSE:ADS) during the second quarter, according to its most recent filing with the SEC. The institutional investor bought 386,173 shares of the company’s stock, valued at approximately $75,659,000. Alliance Data Systems Corp. accounts for about 1.7% of Cooke & Bieler LP’s holdings, making the stock its 26th largest position. Cooke & Bieler LP owned 0.66% of Alliance Data Systems Corp. at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ADS. Pitcairn Co. purchased a new position in shares of Alliance Data Systems Corp. during the second quarter valued at about $234,000. Reynolds Capital Management LLC purchased a new position in shares of Alliance Data Systems Corp. during the first quarter valued at about $286,000. Cardinal Capital Management purchased a new position in shares of Alliance Data Systems Corp. during the second quarter valued at about $282,000. Commonwealth Equity Services Inc boosted its position in shares of Alliance Data Systems Corp. by 38.1% in the first quarter. Commonwealth Equity Services Inc now owns 1,525 shares of the company’s stock valued at $336,000 after buying an additional 421 shares in the last quarter. Finally, Stonebridge Capital Management Inc. purchased a new position in shares of Alliance Data Systems Corp. during the second quarter valued at about $359,000. Hedge funds and other institutional investors own 91.39% of the company’s stock.

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

Alliance Data Systems Corp. (NYSE:ADS) traded down 1.58% during midday trading on Monday, hitting $206.45. The company’s stock had a trading volume of 505,882 shares. Alliance Data Systems Corp. has a one year low of $176.63 and a one year high of $303.75. The company’s 50-day moving average is $211.67 and its 200 day moving average is $211.00. The company has a market cap of $12.08 billion, a price-to-earnings ratio of 25.70 and a beta of 1.51.

Alliance Data Systems Corp. (NYSE:ADS) last posted its quarterly earnings results on Thursday, July 21st. The company reported $3.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.59 by $0.09. Alliance Data Systems Corp. had a return on equity of 47.99% and a net margin of 8.85%. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the company earned $3.32 EPS. The business’s revenue was up 16.5% compared to the same quarter last year. On average, analysts predict that Alliance Data Systems Corp. will post $16.88 EPS for the current year.

Several brokerages have recently issued reports on ADS. Jefferies Group raised their target price on shares of Alliance Data Systems Corp. from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, July 25th. JMP Securities reiterated a “buy” rating on shares of Alliance Data Systems Corp. in a report on Tuesday, October 4th. Zacks Investment Research cut shares of Alliance Data Systems Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, September 21st. TheStreet cut shares of Alliance Data Systems Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 21st. Finally, William Blair reiterated an “outperform” rating on shares of Alliance Data Systems Corp. in a report on Tuesday, July 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $268.43.

About Alliance Data Systems Corp.

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.

5 Day Chart for NYSE:ADS

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