LS Investment Advisors LLC cut its position in shares of Alliance Data Systems Corp. (NYSE:ADS) by 1.2% during the second quarter, Holdings Channel reports. The institutional investor owned 2,067 shares of the company’s stock after selling 26 shares during the period. LS Investment Advisors LLC’s holdings in Alliance Data Systems Corp. were worth $405,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. BTC Capital Management Inc. increased its stake in shares of Alliance Data Systems Corp. by 38.9% in the first quarter. BTC Capital Management Inc. now owns 17,641 shares of the company’s stock worth $3,877,000 after buying an additional 4,939 shares in the last quarter. Virginia Retirement System acquired a new stake in shares of Alliance Data Systems Corp. during the first quarter worth $15,332,000. Nisa Investment Advisors L.L.C. increased its stake in shares of Alliance Data Systems Corp. by 1.1% in the first quarter. Nisa Investment Advisors L.L.C. now owns 17,854 shares of the company’s stock worth $3,928,000 after buying an additional 200 shares in the last quarter. Buffington Mohr McNeal increased its stake in shares of Alliance Data Systems Corp. by 58.1% in the first quarter. Buffington Mohr McNeal now owns 4,625 shares of the company’s stock worth $1,017,000 after buying an additional 1,700 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. acquired a new stake in shares of Alliance Data Systems Corp. during the first quarter worth $294,000. 91.49% of the stock is currently owned by hedge funds and other institutional investors.

Alliance Data Systems Corp. (NYSE:ADS) traded down 0.43% during trading on Friday, reaching $214.48. The company’s stock had a trading volume of 633,715 shares. The firm has a market cap of $12.55 billion, a PE ratio of 26.70 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. The company has a 50-day moving average of $213.97 and a 200 day moving average of $210.77.

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

A number of equities research analysts have weighed in on the company. Jefferies Group raised their target price on Alliance Data Systems Corp. from $240.00 to $265.00 and gave the company a “buy” rating in a report on Monday, July 25th. TheStreet cut Alliance Data Systems Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st. Zacks Investment Research upgraded Alliance Data Systems Corp. from a “hold” rating to a “buy” rating and set a $258.00 price target for the company in a research note on Tuesday, July 26th. BMO Capital Markets cut Alliance Data Systems Corp. from an “outperform” rating to a “market perform” rating and set a $235.00 price target for the company. in a research note on Friday, July 22nd. They noted that the move was a valuation call. Finally, Credit Suisse Group AG reiterated a “hold” rating and issued a $227.00 price target on shares of Alliance Data Systems Corp. in a research note on Tuesday, June 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $271.02.

About Alliance Data Systems Corp.

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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