Samlyn Capital LLC decreased its holdings in shares of Alliance Data Systems Corporation (NYSE:ADS) by 26.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 122,004 shares of the business services provider’s stock after selling 43,596 shares during the quarter. Samlyn Capital LLC owned about 0.22% of Alliance Data Systems Corporation worth $31,317,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. increased 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 purchasing an additional 3,230,733 shares during the last quarter. ValueAct Holdings L.P. lifted its position in Alliance Data Systems Corporation by 12.0% during the first quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock worth $1,463,473,000 after buying an additional 630,900 shares during the period. Thrivent Financial For Lutherans lifted its position in Alliance Data Systems Corporation by 117.2% during the first quarter. Thrivent Financial For Lutherans now owns 1,108,415 shares of the business services provider’s stock worth $275,995,000 after buying an additional 598,200 shares during the period. Morgan Stanley lifted its position in Alliance Data Systems Corporation by 173.0% during the first quarter. Morgan Stanley now owns 688,894 shares of the business services provider’s stock worth $171,534,000 after buying an additional 436,590 shares during the period. Finally, USS Investment Management Ltd lifted its position in Alliance Data Systems Corporation by 321.7% during the second quarter. USS Investment Management Ltd now owns 506,000 shares of the business services provider’s stock worth $129,926,000 after buying an additional 386,000 shares during the period. Institutional investors and hedge funds own 96.04% of the company’s stock.

Several research analysts have recently weighed in on ADS shares. Argus assumed coverage on shares of Alliance Data Systems Corporation in a report on Thursday, July 13th. They set a “buy” rating and a $309.00 price objective on the stock. Barclays PLC lowered shares of Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $285.00 to $265.00 in a research report on Friday, July 21st. BidaskClub raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. ValuEngine raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $278.00 price target on shares of Alliance Data Systems Corporation in a report on Monday, July 10th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company’s stock. Alliance Data Systems Corporation has a consensus rating of “Hold” and an average price target of $255.47.

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Shares of Alliance Data Systems Corporation (NYSE ADS) traded down 0.44% during trading on Tuesday, hitting $222.72. The company’s stock had a trading volume of 132,744 shares. Alliance Data Systems Corporation has a 1-year low of $197.69 and a 1-year high of $266.25. The company has a market capitalization of $12.36 billion, a P/E ratio of 25.40 and a beta of 1.76. The firm’s 50 day moving average is $220.58 and its 200-day moving average is $240.91.

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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period last year, the business posted $3.68 earnings per share. The firm’s revenue was up 4.2% compared to the same quarter last year. Analysts forecast that Alliance Data Systems Corporation will post $18.06 EPS for the current fiscal year.

Alliance Data Systems Corporation announced that its board has authorized a stock repurchase plan on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 19th. Shareholders of record on Monday, August 14th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Thursday, August 10th. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is currently 23.69%.

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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