Tudor Investment Corp ET AL purchased a new stake in Alliance Data Systems Corporation (NYSE:ADS) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,100 shares of the business services provider’s stock, valued at approximately $274,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in Alliance Data Systems Corporation by 3,103.0% in the first quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock valued at $830,376,000 after buying an additional 3,230,733 shares in the last quarter. ValueAct Holdings L.P. boosted its stake in Alliance Data Systems Corporation by 12.0% in the first quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock valued at $1,463,473,000 after buying an additional 630,900 shares in the last quarter. Thrivent Financial For Lutherans boosted its stake in Alliance Data Systems Corporation by 117.2% in the first quarter. Thrivent Financial For Lutherans now owns 1,108,415 shares of the business services provider’s stock valued at $275,995,000 after buying an additional 598,200 shares in the last quarter. Morgan Stanley boosted its stake in Alliance Data Systems Corporation by 173.0% in the first quarter. Morgan Stanley now owns 688,894 shares of the business services provider’s stock valued at $171,534,000 after buying an additional 436,590 shares in the last quarter. Finally, Jana Partners LLC boosted its stake in Alliance Data Systems Corporation by 617.3% in the first quarter. Jana Partners LLC now owns 426,037 shares of the business services provider’s stock valued at $106,083,000 after buying an additional 366,640 shares in the last quarter. 98.89% of the stock is currently owned by institutional investors.

Alliance Data Systems Corporation (NYSE:ADS) traded down 0.78% during mid-day trading on Friday, hitting $221.27. 393,619 shares of the stock were exchanged. Alliance Data Systems Corporation has a 52 week low of $196.40 and a 52 week high of $266.25. The stock has a market cap of $12.28 billion, a price-to-earnings ratio of 25.23 and a beta of 1.76. The company has a 50 day moving average price of $243.69 and a 200 day moving average price of $244.69.

Alliance Data Systems Corporation (NYSE:ADS) last announced its earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.37. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.85 billion. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.68 earnings per share. Analysts expect that Alliance Data Systems Corporation will post $18.06 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Monday, August 14th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $2.08 dividend on an annualized basis and a yield of 0.94%. Alliance Data Systems Corporation’s payout ratio is currently 23.69%.

Alliance Data Systems Corporation announced that its Board of Directors has initiated a share repurchase program on Thursday, July 27th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

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ADS has been the topic of several research analyst reports. ValuEngine raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Zacks Investment Research raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 target price on the stock in a research report on Tuesday, June 20th. Deutsche Bank AG reissued a “buy” rating and issued a $278.00 target price on shares of Alliance Data Systems Corporation in a research report on Monday, July 10th. BidaskClub raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $270.00 target price on shares of Alliance Data Systems Corporation in a research report on Tuesday, May 2nd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company’s stock. Alliance Data Systems Corporation currently has a consensus rating of “Hold” and a consensus target price of $252.31.

Alliance Data Systems Corporation 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.

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

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