Andra AP fonden boosted its position in shares of Alliance Data Systems Corporation (NYSE:ADS) by 19.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,300 shares of the business services provider’s stock after buying an additional 1,200 shares during the period. Andra AP fonden’s holdings in Alliance Data Systems Corporation were worth $1,617,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Pillar Pacific Capital Management LLC boosted its stake in Alliance Data Systems Corporation by 2.7% during the third quarter. Pillar Pacific Capital Management LLC now owns 17,495 shares of the business services provider’s stock valued at $3,877,000 after buying an additional 452 shares during the last quarter. Artemis Investment Management LLP boosted its stake in Alliance Data Systems Corporation by 75.3% during the third quarter. Artemis Investment Management LLP now owns 46,211 shares of the business services provider’s stock valued at $10,236,000 after buying an additional 19,846 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Alliance Data Systems Corporation by 53.3% during the third quarter. Canada Pension Plan Investment Board now owns 133,484 shares of the business services provider’s stock valued at $29,573,000 after buying an additional 46,435 shares during the last quarter. Victory Capital Management Inc. boosted its stake in Alliance Data Systems Corporation by 13.0% during the third quarter. Victory Capital Management Inc. now owns 7,263 shares of the business services provider’s stock valued at $1,609,000 after buying an additional 835 shares during the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in Alliance Data Systems Corporation during the third quarter valued at approximately $826,000. 95.96% of the stock is owned by institutional investors.

Alliance Data Systems Corporation (NYSE:ADS) opened at $225.45 on Monday. The company has a market capitalization of $12,455.81, a price-to-earnings ratio of 13.40, a price-to-earnings-growth ratio of 0.98 and a beta of 1.78. Alliance Data Systems Corporation has a fifty-two week low of $206.41 and a fifty-two week high of $266.25. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53.

Alliance Data Systems Corporation (NYSE:ADS) last released 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. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems Corporation had a return on equity of 62.95% and a net margin of 7.09%. Alliance Data Systems Corporation’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the business posted $4.74 EPS. equities analysts predict that Alliance Data Systems Corporation will post 17.12 earnings per share for the current fiscal year.

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

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

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A number of equities research analysts have issued reports on the company. Keefe, Bruyette & Woods restated a “buy” rating and set a $300.00 price objective on shares of Alliance Data Systems Corporation in a research report on Friday, October 6th. KeyCorp restated a “hold” rating on shares of Alliance Data Systems Corporation in a research report on Friday, August 25th. Royal Bank Of Canada restated a “buy” rating and set a $280.00 price objective on shares of Alliance Data Systems Corporation in a research report on Friday, July 28th. Piper Jaffray Companies restated a “buy” rating and set a $302.00 price objective on shares of Alliance Data Systems Corporation in a research report on Thursday, August 3rd. Finally, Oppenheimer Holdings, Inc. set a $191.00 price objective on Alliance Data Systems Corporation and gave the company a “sell” rating in a research report on Thursday, August 24th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average 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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