Research analysts at Guggenheim initiated coverage on shares of Alliance Data Systems Corp. (NYSE:ADS) in a research note issued on Thursday. The firm set a “buy” rating on the stock.

ADS has been the subject of several other reports. Zacks Investment Research lowered Alliance Data Systems Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, September 21st. Atlantic Securities started coverage on Alliance Data Systems Corp. in a research report on Wednesday, October 5th. They set an “overweight” rating and a $270.00 target price for the company. JMP Securities reaffirmed a “buy” rating on shares of Alliance Data Systems Corp. in a research report on Tuesday, October 4th. BMO Capital Markets reaffirmed a “hold” rating and set a $235.00 target price on shares of Alliance Data Systems Corp. in a research report on Friday, October 21st. Finally, Credit Suisse Group AG lowered Alliance Data Systems Corp. from a “neutral” rating to an “underperform” rating and raised their target price for the company from $233.00 to $290.00 in a research report on Wednesday, August 17th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $258.54.

Analyst Recommendations for Alliance Data Systems Corp. (NYSE:ADS)

Shares of Alliance Data Systems Corp. (NYSE:ADS) opened at 210.71 on Thursday. The company’s 50-day moving average is $207.81 and its 200 day moving average is $210.15. Alliance Data Systems Corp. has a 52-week low of $176.63 and a 52-week high of $290.30. The company has a market cap of $12.17 billion, a PE ratio of 22.27 and a beta of 1.63.

Alliance Data Systems Corp. (NYSE:ADS) last issued its quarterly earnings data on Thursday, October 20th. The company reported $4.74 earnings per share for the quarter, beating the consensus estimate of $4.44 by $0.30. Alliance Data Systems Corp. had a return on equity of 50.86% and a net margin of 9.59%. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same period last year, the business earned $3.95 EPS. The business’s revenue was up 13.7% on a year-over-year basis. On average, analysts anticipate that Alliance Data Systems Corp. will post $16.92 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 3rd will be given a $0.52 dividend. The ex-dividend date of this dividend is Tuesday, November 1st. This represents a $2.08 dividend on an annualized basis and a yield of 0.99%. Alliance Data Systems Corp.’s payout ratio is 22.01%.

A number of hedge funds have recently added to or reduced their stakes in the company. MSI Financial Services Inc increased its stake in Alliance Data Systems Corp. by 37.2% in the third quarter. MSI Financial Services Inc now owns 520 shares of the company’s stock worth $112,000 after buying an additional 141 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of Alliance Data Systems Corp. by 19.8% in the third quarter. Quadrant Capital Group LLC now owns 526 shares of the company’s stock valued at $107,000 after buying an additional 87 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of Alliance Data Systems Corp. by 38.8% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 540 shares of the company’s stock valued at $116,000 after buying an additional 151 shares during the last quarter. FNY Managed Accounts LLC bought a new stake in shares of Alliance Data Systems Corp. during the third quarter valued at $118,000. Finally, Acrospire Investment Management LLC increased its stake in shares of Alliance Data Systems Corp. by 201.0% in the third quarter. Acrospire Investment Management LLC now owns 599 shares of the company’s stock valued at $129,000 after buying an additional 400 shares during the last quarter. Institutional investors own 90.60% of the company’s stock.

Alliance Data Systems Corp. 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.

5 Day Chart for NYSE:ADS

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