Bp Plc continued to hold its position in shares of Alliance Data Systems Corporation (NYSE:ADS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,400 shares of the business services provider’s stock at the end of the second quarter. Bp Plc’s holdings in Alliance Data Systems Corporation were worth $1,900,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in ADS. Johnson Financial Group Inc. increased its position in shares of Alliance Data Systems Corporation by 9.8% in the first quarter. Johnson Financial Group Inc. now owns 426 shares of the business services provider’s stock worth $106,000 after buying an additional 38 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in shares of Alliance Data Systems Corporation by 68.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 462 shares of the business services provider’s stock worth $115,000 after buying an additional 188 shares during the period. Quadrant Capital Group LLC increased its position in shares of Alliance Data Systems Corporation by 0.8% in the first quarter. Quadrant Capital Group LLC now owns 482 shares of the business services provider’s stock worth $116,000 after buying an additional 4 shares during the period. FNY Partners Fund LP increased its position in shares of Alliance Data Systems Corporation by 163.0% in the first quarter. FNY Partners Fund LP now owns 526 shares of the business services provider’s stock worth $130,000 after buying an additional 326 shares during the period. Finally, Invictus RG increased its position in shares of Alliance Data Systems Corporation by 189.7% in the first quarter. Invictus RG now owns 565 shares of the business services provider’s stock worth $141,000 after buying an additional 370 shares during the period. Institutional investors own 98.78% of the company’s stock.

Alliance Data Systems Corporation (NYSE ADS) opened at 222.64 on Friday. The company has a market capitalization of $12.35 billion, a P/E ratio of 25.39 and a beta of 1.76. Alliance Data Systems Corporation has a 52-week low of $193.67 and a 52-week high of $266.25. The stock’s 50 day moving average price is $248.86 and its 200-day moving average price is $244.71.

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

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

Alliance Data Systems Corporation announced that its Board of Directors has initiated a share buyback program on Thursday, July 27th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its stock is undervalued.

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ADS has been the subject of a number of recent research reports. TheStreet upgraded Alliance Data Systems Corporation from a “c” rating to a “b” rating in a research note on Thursday, April 20th. Zacks Investment Research upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 price objective for the company in a research note on Tuesday, June 20th. Jefferies Group LLC reiterated a “buy” rating and set a $270.00 price objective on shares of Alliance Data Systems Corporation in a research note on Tuesday, May 2nd. Deutsche Bank AG set a $278.00 price objective on Alliance Data Systems Corporation and gave the company a “buy” rating in a research note on Monday, May 1st. Finally, ValuEngine upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $255.97.

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.

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

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