Investment House LLC cut its position in shares of Alliance Data Systems Corp. (NYSE:ADS) by 10.2% during the second quarter, Holdings Channel reports. The firm owned 23,960 shares of the company’s stock after selling 2,725 shares during the period. Investment House LLC’s holdings in Alliance Data Systems Corp. were worth $4,694,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ADS. Norges Bank acquired a new stake in shares of Alliance Data Systems Corp. during the fourth quarter worth about $127,255,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Alliance Data Systems Corp. by 13.5% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 13,954 shares of the company’s stock valued at $3,070,000 after buying an additional 1,655 shares during the last quarter. Exxonmobil Investment Management Inc. TX boosted its stake in shares of Alliance Data Systems Corp. by 5.3% in the first quarter. Exxonmobil Investment Management Inc. TX now owns 14,429 shares of the company’s stock valued at $3,174,000 after buying an additional 725 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd purchased a new stake in shares of Alliance Data Systems Corp. during the first quarter valued at $308,000. Finally, Lodestar Investment Counsel LLC IL purchased a new stake in shares of Alliance Data Systems Corp. during the first quarter valued at $492,000. 91.49% of the stock is owned by institutional investors.

Alliance Data Systems Corp. (NYSE:ADS) traded down 1.06% during mid-day trading on Tuesday, reaching $213.74. 593,980 shares of the company’s stock were exchanged. The company’s 50-day moving average is $211.48 and its 200 day moving average is $210.79. The firm has a market capitalization of $12.51 billion, a P/E ratio of 26.61 and a beta of 1.40. Alliance Data Systems Corp. has a one year low of $176.63 and a one year high of $303.75.

Alliance Data Systems Corp. (NYSE:ADS) last released its quarterly earnings results on Thursday, July 21st. The company reported $3.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.59 by $0.09. The business earned $1.75 billion during the quarter, compared to analyst estimates of $1.64 billion. Alliance Data Systems Corp. had a net margin of 8.85% and a return on equity of 47.99%. The company’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the prior year, the firm posted $3.32 earnings per share. Equities analysts predict that Alliance Data Systems Corp. will post $16.85 earnings per share for the current fiscal year.

ADS has been the subject of several analyst reports. Vetr cut shares of Alliance Data Systems Corp. from a “strong-buy” rating to a “buy” rating and set a $248.36 price target for the company. in a research report on Tuesday, May 31st. Credit Suisse Group AG reissued a “hold” rating and set a $227.00 price target on shares of Alliance Data Systems Corp. in a research report on Tuesday, June 7th. Barclays PLC dropped their price target on shares of Alliance Data Systems Corp. from $280.00 to $240.00 and set an “overweight” rating for the company in a research report on Thursday, July 7th. William Blair reissued an “outperform” rating on shares of Alliance Data Systems Corp. in a research report on Tuesday, July 12th. Finally, Pacific Crest reissued an “overweight” rating and set a $250.00 price target on shares of Alliance Data Systems Corp. in a research report on Friday, July 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $271.02.

Alliance Data Systems Corp. 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.

5 Day Chart for NYSE:ADS

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