Aviva PLC lowered its stake in Alliance Data Systems Corporation (NYSE:ADS) by 3.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,481 shares of the business services provider’s stock after selling 1,380 shares during the period. Aviva PLC owned about 0.06% of Alliance Data Systems Corporation worth $8,854,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. ValueAct Holdings L.P. increased its stake in Alliance Data Systems Corporation by 12.0% in the first quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock valued at $1,463,473,000 after buying an additional 630,900 shares during the last quarter. Vanguard Group Inc. increased its stake in Alliance Data Systems Corporation by 1.8% in the first quarter. Vanguard Group Inc. now owns 5,309,305 shares of the business services provider’s stock valued at $1,322,018,000 after buying an additional 95,494 shares during the last quarter. BlackRock Inc. increased its stake in Alliance Data Systems Corporation by 3,103.0% in the first quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock valued at $830,376,000 after buying an additional 3,230,733 shares during the last quarter. Wellington Management Group LLP increased its stake in Alliance Data Systems Corporation by 2.8% in the first quarter. Wellington Management Group LLP now owns 3,183,364 shares of the business services provider’s stock valued at $792,658,000 after buying an additional 86,754 shares during the last quarter. Finally, Edgewood Management LLC increased its stake in Alliance Data Systems Corporation by 4.2% in the first quarter. Edgewood Management LLC now owns 2,721,392 shares of the business services provider’s stock valued at $677,627,000 after buying an additional 109,521 shares during the last quarter. Institutional investors and hedge funds own 96.09% of the company’s stock.

Alliance Data Systems Corporation (NYSE ADS) opened at 223.68 on Tuesday. The firm has a 50 day moving average of $239.17 and a 200-day moving average of $244.47. The firm has a market cap of $12.41 billion, a P/E ratio of 25.51 and a beta of 1.76. Alliance Data Systems Corporation has a 12 month low of $196.40 and a 12 month high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last announced its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the previous year, the business earned $3.68 EPS. Alliance Data Systems Corporation’s revenue was up 4.2% compared to the same quarter last year. On average, equities research analysts forecast that Alliance Data Systems Corporation will post $18.06 earnings per share for the current year.

Alliance Data Systems Corporation declared that its board has authorized a share 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 buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Monday, August 14th will be issued a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.93%. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is 23.69%.

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ADS has been the subject of several research reports. Argus initiated coverage on shares of Alliance Data Systems Corporation in a research note on Thursday, July 13th. They set a “buy” rating and a $309.00 price objective for the company. Compass Point upgraded shares of Alliance Data Systems Corporation from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $190.00 to $200.00 in a research note on Thursday, May 25th. Barclays PLC downgraded shares of Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $285.00 to $265.00 in a research note on Friday, July 21st. BidaskClub upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 23rd. Finally, ValuEngine upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Four equities 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 stock. The stock presently has an average rating of “Hold” and a consensus target price of $252.69.

Alliance Data Systems Corporation 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.

Institutional Ownership by Quarter for Alliance Data Systems Corporation (NYSE:ADS)

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