Sustainable Growth Advisers LP increased its stake in shares of Alliance Data Systems Corporation (NYSE:ADS) by 5.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 596,256 shares of the business services provider’s stock after buying an additional 33,413 shares during the period. Alliance Data Systems Corporation makes up approximately 2.2% of Sustainable Growth Advisers LP’s investment portfolio, making the stock its 25th largest position. Sustainable Growth Advisers LP owned 1.07% of Alliance Data Systems Corporation worth $153,053,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in ADS. Johnson Financial Group Inc. raised its position in shares of 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 in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake 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 last quarter. FNY Partners Fund LP increased its stake 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 last quarter. Invictus RG increased its stake 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 last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Alliance Data Systems Corporation during the first quarter valued at approximately $141,000. Hedge funds and other institutional investors own 96.09% of the company’s stock.

Alliance Data Systems Corporation (NYSE ADS) traded down 0.55% during trading on Friday, hitting $224.26. 43,167 shares of the company traded hands. The stock has a market capitalization of $12.44 billion, a PE ratio of 25.57 and a beta of 1.76. The company’s 50 day moving average is $235.46 and its 200-day moving average is $244.41. Alliance Data Systems Corporation has a 52 week low of $196.40 and a 52 week high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last released its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.47 by $0.37. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate 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 revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.68 earnings per share. Analysts predict that Alliance Data Systems Corporation will post $18.06 earnings per share for the current year.

Alliance Data Systems Corporation declared that its board has authorized a share buyback plan on Thursday, July 27th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

The firm 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 dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Thursday, August 10th. Alliance Data Systems Corporation’s payout ratio is 23.69%.

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Several research firms have recently commented on ADS. Argus began coverage on shares of Alliance Data Systems Corporation in a research report on Thursday, July 13th. They set a “buy” rating and a $309.00 target price for the company. 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 for the company in a research report on Tuesday, June 20th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $300.00 target price on shares of Alliance Data Systems Corporation in a research report on Thursday. Finally, Wedbush reissued a “neutral” rating and set a $252.00 target price (up from $225.00) on shares of Alliance Data Systems Corporation in a research report on Tuesday, June 6th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the stock. Alliance Data Systems Corporation presently has a consensus rating of “Hold” and an average target price of $255.47.

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.

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

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