Alliance Data Systems Co. (ADS) Rating Reiterated by Barclays PLC

Alliance Data Systems Co. (ADS) Rating Reiterated by Barclays PLC

Alliance Data Systems Co. (NYSE:ADS)‘s stock had its “buy” rating reiterated by equities research analysts at Barclays PLC in a research report issued on Sunday.

A number of other research analysts have also recently commented on ADS. Guggenheim reissued a “buy” rating on shares of Alliance Data Systems in a research report on Sunday, December 4th. JMP Securities reissued a “buy” rating on shares of Alliance Data Systems in a research report on Tuesday, October 4th. Zacks Investment Research cut shares of Alliance Data Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 18th. BMO Capital Markets reissued a “hold” rating and set a $235.00 target price on shares of Alliance Data Systems in a research report on Friday, October 21st. Finally, TheStreet cut shares of Alliance Data Systems from a “b-” rating to a “c” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $255.31.

Shares of Alliance Data Systems (NYSE:ADS) traded up 0.29% on Friday, reaching $222.35. 638,816 shares of the company’s stock traded hands. The company has a 50 day moving average of $231.49 and a 200-day moving average of $218.44. The stock has a market capitalization of $12.81 billion, a PE ratio of 30.29 and a beta of 1.65. Alliance Data Systems has a 52 week low of $176.63 and a 52 week high of $241.69.

Alliance Data Systems (NYSE:ADS) last released its quarterly earnings data on Thursday, January 26th. The company reported $4.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.66 by $0.01. Alliance Data Systems had a net margin of 7.23% and a return on equity of 53.86%. The company earned $1.83 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the firm earned $4.13 earnings per share. Alliance Data Systems’s revenue for the quarter was up 4.5% on a year-over-year basis. Equities research analysts forecast that Alliance Data Systems will post $18.50 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 17th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Monday, February 13th. This represents a $2.08 annualized dividend and a dividend yield of 0.94%. Alliance Data Systems’s dividend payout ratio (DPR) is 28.42%.

In other Alliance Data Systems news, EVP Bryan J. Kennedy acquired 238 shares of Alliance Data Systems stock in a transaction dated Friday, December 16th. The stock was bought at an average price of $231.11 per share, for a total transaction of $55,004.18. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Holdings L.P. Valueact acquired 170,100 shares of Alliance Data Systems stock in a transaction dated Monday, January 23rd. The shares were acquired at an average price of $228.93 per share, with a total value of $38,940,993.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 420,438 shares of company stock valued at $96,007,932. Insiders own 2.50% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. Pillar Pacific Capital Management LLC raised its position in Alliance Data Systems by 8.4% in the second quarter. Pillar Pacific Capital Management LLC now owns 18,433 shares of the company’s stock valued at $3,612,000 after buying an additional 1,426 shares during the period. Riverpark Capital Management LLC raised its position in Alliance Data Systems by 33.8% in the second quarter. Riverpark Capital Management LLC now owns 38,313 shares of the company’s stock valued at $7,506,000 after buying an additional 9,686 shares during the period. RiverPark Advisors LLC raised its position in Alliance Data Systems by 6.0% in the second quarter. RiverPark Advisors LLC now owns 29,388 shares of the company’s stock valued at $5,758,000 after buying an additional 1,663 shares during the period. BB&T Corp raised its position in Alliance Data Systems by 34.0% in the second quarter. BB&T Corp now owns 14,322 shares of the company’s stock valued at $2,806,000 after buying an additional 3,632 shares during the period. Finally, Aberdeen Asset Management PLC UK raised its position in Alliance Data Systems by 11.7% in the second quarter. Aberdeen Asset Management PLC UK now owns 117,689 shares of the company’s stock valued at $23,058,000 after buying an additional 12,306 shares during the period. Institutional investors own 94.27% of the company’s stock.

Alliance Data Systems 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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