Davidson Investment Advisors raised its holdings in shares of Alliance Data Systems Corporation (NYSE:ADS) by 19.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,224 shares of the business services provider’s stock after acquiring an additional 6,424 shares during the period. Davidson Investment Advisors owned about 0.07% of Alliance Data Systems Corporation worth $8,690,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ADS. Green Square Capital LLC grew its holdings in shares of Alliance Data Systems Corporation by 0.3% in the second quarter. Green Square Capital LLC now owns 3,054 shares of the business services provider’s stock worth $784,000 after purchasing an additional 8 shares during the last quarter. Citizens Financial Group Inc RI grew its holdings in shares of Alliance Data Systems Corporation by 2.2% in the second quarter. Citizens Financial Group Inc RI now owns 909 shares of the business services provider’s stock worth $233,000 after purchasing an additional 20 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Alliance Data Systems Corporation by 5.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock worth $125,000 after purchasing an additional 26 shares during the last quarter. Suntrust Banks Inc. grew its holdings in shares of Alliance Data Systems Corporation by 1.7% in the second quarter. Suntrust Banks Inc. now owns 2,240 shares of the business services provider’s stock worth $574,000 after purchasing an additional 37 shares during the last quarter. Finally, Advisor Partners LLC grew its holdings in shares of Alliance Data Systems Corporation by 3.5% in the second quarter. Advisor Partners LLC now owns 1,364 shares of the business services provider’s stock worth $350,000 after purchasing an additional 46 shares during the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

ADS has been the topic of several recent analyst reports. Oppenheimer Holdings, Inc. set a $208.00 target price on shares of Alliance Data Systems Corporation and gave the stock a “sell” rating in a report on Thursday, October 26th. BidaskClub cut shares of Alliance Data Systems Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. BMO Capital Markets restated a “hold” rating and issued a $235.00 target price on shares of Alliance Data Systems Corporation in a report on Wednesday, October 18th. ValuEngine upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Finally, Credit Suisse Group restated a “sell” rating and issued a $174.00 target price on shares of Alliance Data Systems Corporation in a report on Thursday, August 17th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $258.27.

Shares of Alliance Data Systems Corporation (NYSE ADS) traded down $2.03 during mid-day trading on Thursday, reaching $221.81. The company had a trading volume of 302,800 shares, compared to its average volume of 593,898. Alliance Data Systems Corporation has a 12 month low of $209.00 and a 12 month high of $266.25. The stock has a market capitalization of $12,140.00, a price-to-earnings ratio of 13.30, a price-to-earnings-growth ratio of 0.97 and a beta of 1.78. The company has a debt-to-equity ratio of 9.53, a current ratio of 2.11 and a quick ratio of 2.09.

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

Alliance Data Systems Corporation announced that its board has approved a stock repurchase program on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, November 14th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Monday, November 13th. This represents a $2.08 annualized dividend and a yield of 0.94%. Alliance Data Systems Corporation’s payout ratio is 22.06%.

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Alliance Data Systems Corporation 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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