Chevy Chase Trust Holdings Inc. lowered its position in shares of Alliance Data Systems Corp. (NYSE:ADS) by 1.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,639 shares of the company’s stock after selling 963 shares during the period. Chevy Chase Trust Holdings Inc. owned approximately 0.08% of Alliance Data Systems Corp. worth $10,649,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ADS. Vanguard Group Inc. raised its position in Alliance Data Systems Corp. by 1.1% in the second quarter. Vanguard Group Inc. now owns 5,075,539 shares of the company’s stock worth $994,401,000 after buying an additional 53,616 shares during the last quarter. ValueAct Holdings L.P. raised its position in Alliance Data Systems Corp. by 507.6% in the second quarter. ValueAct Holdings L.P. now owns 3,287,910 shares of the company’s stock worth $644,167,000 after buying an additional 2,746,795 shares during the last quarter. FMR LLC raised its position in Alliance Data Systems Corp. by 38.9% in the second quarter. FMR LLC now owns 2,592,230 shares of the company’s stock worth $507,870,000 after buying an additional 726,044 shares during the last quarter. Edgewood Management LLC raised its position in Alliance Data Systems Corp. by 2.7% in the second quarter. Edgewood Management LLC now owns 2,526,501 shares of the company’s stock worth $494,992,000 after buying an additional 66,548 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Alliance Data Systems Corp. by 16.5% in the second quarter. American Century Companies Inc. now owns 1,514,754 shares of the company’s stock worth $296,771,000 after buying an additional 214,480 shares during the last quarter. 93.07% of the stock is owned by institutional investors and hedge funds.

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

Shares of Alliance Data Systems Corp. (NYSE:ADS) traded down 0.15% during trading on Friday, reaching $234.69. The company had a trading volume of 192,892 shares. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 24.80 and a beta of 1.63. The company’s 50 day moving average is $209.89 and its 200-day moving average is $211.26. Alliance Data Systems Corp. has a 1-year low of $176.63 and a 1-year high of $290.30.

Alliance Data Systems Corp. (NYSE:ADS) last issued its quarterly earnings results on Thursday, October 20th. The company reported $4.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.44 by $0.30. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.78 billion. Alliance Data Systems Corp. had a return on equity of 50.86% and a net margin of 9.59%. The business’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.95 earnings per share. On average, equities research analysts anticipate that Alliance Data Systems Corp. will post $16.91 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 3rd will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Tuesday, November 1st. Alliance Data Systems Corp.’s payout ratio is presently 22.01%.

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Several research analysts have recently issued reports on ADS shares. Deutsche Bank AG reissued a “buy” rating and issued a $246.00 target price on shares of Alliance Data Systems Corp. in a research report on Thursday, September 1st. Credit Suisse Group AG set a $163.00 target price on Alliance Data Systems Corp. and gave the stock a “sell” rating in a research report on Saturday, November 12th. Zacks Investment Research raised Alliance Data Systems Corp. from a “sell” rating to a “hold” rating in a research report on Monday, October 17th. Atlantic Securities started coverage on Alliance Data Systems Corp. in a research report on Wednesday, October 5th. They issued an “overweight” rating and a $270.00 target price for the company. Finally, Guggenheim started coverage on Alliance Data Systems Corp. in a research report on Thursday, November 17th. They issued a “buy” rating and a $238.00 target price for the company. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $257.68.

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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