Hills Bank & Trust Co. increased its stake in shares of Alliance Data Systems Corporation (NYSE:ADS) by 19.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,904 shares of the business services provider’s stock after buying an additional 945 shares during the period. Hills Bank & Trust Co.’s holdings in Alliance Data Systems Corporation were worth $1,515,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in ADS. Johnson Financial Group Inc. increased its position in Alliance Data Systems Corporation by 9.8% in the first quarter. Johnson Financial Group Inc. now owns 426 shares of the business services provider’s stock valued at $106,000 after buying an additional 38 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Alliance Data Systems Corporation by 68.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 462 shares of the business services provider’s stock valued at $115,000 after buying an additional 188 shares during the period. Quadrant Capital Group LLC increased its position in Alliance Data Systems Corporation by 0.8% in the first quarter. Quadrant Capital Group LLC now owns 482 shares of the business services provider’s stock valued at $116,000 after buying an additional 4 shares during the period. FNY Partners Fund LP increased its position in Alliance Data Systems Corporation by 163.0% in the first quarter. FNY Partners Fund LP now owns 526 shares of the business services provider’s stock valued at $130,000 after buying an additional 326 shares during the period. Finally, Invictus RG increased its position in Alliance Data Systems Corporation by 189.7% in the first quarter. Invictus RG now owns 565 shares of the business services provider’s stock valued at $141,000 after buying an additional 370 shares during the period. Institutional investors own 99.03% of the company’s stock.

Shares of Alliance Data Systems Corporation (ADS) traded down 0.30% during midday trading on Friday, reaching $239.27. The company’s stock had a trading volume of 295,593 shares. The company has a 50 day moving average price of $253.35 and a 200-day moving average price of $244.81. Alliance Data Systems Corporation has a 52 week low of $193.67 and a 52 week high of $266.25. The stock has a market capitalization of $13.30 billion, a PE ratio of 27.28 and a beta of 1.76.

Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.47 by $0.37. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.85 billion. Alliance Data Systems Corporation had a net margin of 6.77% and a return on equity of 59.67%. Alliance Data Systems Corporation’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company posted $3.68 EPS. On average, equities research analysts expect that Alliance Data Systems Corporation will post $18.06 EPS for the current year.

Alliance Data Systems Corporation declared that its board has authorized a share buyback program on Thursday, July 27th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Monday, August 14th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Thursday, August 10th. Alliance Data Systems Corporation’s dividend payout ratio is presently 23.69%.

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ADS has been the topic of several analyst reports. TheStreet upgraded Alliance Data Systems Corporation from a “c” rating to a “b” rating in a research report on Thursday, April 20th. Jefferies Group LLC reiterated a “buy” rating and set a $270.00 target price on shares of Alliance Data Systems Corporation in a research report on Tuesday, May 2nd. Deutsche Bank AG set a $278.00 target price on Alliance Data Systems Corporation and gave the company a “buy” rating in a research report on Monday, May 1st. Zacks Investment Research upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 price objective on the stock in a research report on Tuesday, June 20th. Finally, ValuEngine upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $251.63.

About Alliance Data Systems Corporation

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.

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

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