HL Financial Services LLC lessened its stake in shares of Alliance Data Systems Corporation (NYSE:ADS) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,254 shares of the business services provider’s stock after selling 413 shares during the quarter. HL Financial Services LLC’s holdings in Alliance Data Systems Corporation were worth $4,044,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ADS. Fiduciary Trust Co. purchased a new stake in shares of Alliance Data Systems Corporation during the second quarter valued at approximately $108,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Alliance Data Systems Corporation by 5.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 26 shares in the last quarter. ETF Managers Group LLC bought a new position in shares of Alliance Data Systems Corporation during the second quarter valued at approximately $128,000. Oppenheimer Asset Management Inc. bought a new position in shares of Alliance Data Systems Corporation during the first quarter valued at approximately $141,000. Finally, Acadian Asset Management LLC raised its holdings in shares of Alliance Data Systems Corporation by 11,600.0% during the second quarter. Acadian Asset Management LLC now owns 585 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 580 shares in the last quarter. 96.24% of the stock is owned by hedge funds and other institutional investors.

Alliance Data Systems Corporation (NYSE:ADS) traded down $2.46 during midday trading on Friday, hitting $225.45. The stock had a trading volume of 342,900 shares, compared to its average volume of 600,403. The company has a debt-to-equity ratio of 9.53, a current ratio of 2.11 and a quick ratio of 2.23. Alliance Data Systems Corporation has a 1 year low of $206.41 and a 1 year high of $266.25. The company has a market capitalization of $12,591.73, a P/E ratio of 13.54, a P/E/G ratio of 0.99 and a beta of 1.78.

Alliance Data Systems Corporation (NYSE:ADS) last posted its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 EPS for the quarter, topping the consensus estimate of $4.80 by $0.55. Alliance Data Systems Corporation had a return on equity of 62.95% and a net margin of 7.09%. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter last year, the company earned $4.74 earnings per share. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. analysts forecast that Alliance Data Systems Corporation will post 17.12 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 14th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Monday, November 13th. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is currently 22.06%.

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

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A number of brokerages recently commented on ADS. Zacks Investment Research downgraded Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 14th. Jefferies Group LLC restated a “buy” rating and set a $270.00 target price on shares of Alliance Data Systems Corporation in a report on Friday, July 14th. Argus restated a “buy” rating and set a $290.00 target price (down previously from $309.00) on shares of Alliance Data Systems Corporation in a report on Sunday, July 30th. Royal Bank Of Canada restated a “buy” rating and set a $280.00 target price on shares of Alliance Data Systems Corporation in a report on Friday, July 28th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $302.00 price objective on shares of Alliance Data Systems Corporation in a report on Thursday, August 3rd. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $257.00.

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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