Ingalls & Snyder LLC purchased a new position in Alliance Data Systems Co. (NYSE:ADS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 17,538 shares of the business services provider’s stock, valued at approximately $4,446,000.

Several other institutional investors also recently bought and sold shares of ADS. PNC Financial Services Group Inc. boosted its holdings in shares of Alliance Data Systems by 28.8% in the second quarter. PNC Financial Services Group Inc. now owns 9,232 shares of the business services provider’s stock worth $2,369,000 after acquiring an additional 2,063 shares during the period. Quantitative Investment Management LLC boosted its holdings in shares of Alliance Data Systems by 106.0% in the second quarter. Quantitative Investment Management LLC now owns 34,400 shares of the business services provider’s stock worth $8,830,000 after acquiring an additional 17,700 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in shares of Alliance Data Systems by 6.5% in the second quarter. UBS Asset Management Americas Inc. now owns 178,565 shares of the business services provider’s stock worth $45,836,000 after acquiring an additional 10,851 shares during the period. GSA Capital Partners LLP bought a new position in shares of Alliance Data Systems in the second quarter worth $266,000. Finally, D.A. Davidson & CO. boosted its holdings in shares of Alliance Data Systems by 1.2% in the second quarter. D.A. Davidson & CO. now owns 8,770 shares of the business services provider’s stock worth $2,251,000 after acquiring an additional 102 shares during the period. 94.59% of the stock is owned by hedge funds and other institutional investors.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

Shares of Alliance Data Systems Co. (NYSE ADS) opened at $261.82 on Friday. The stock has a market capitalization of $14,140.35, a price-to-earnings ratio of 27.76, a P/E/G ratio of 0.92 and a beta of 1.79. Alliance Data Systems Co. has a 52 week low of $209.00 and a 52 week high of $278.33. The company has a debt-to-equity ratio of 9.53, a quick ratio of 2.09 and a current ratio of 2.11.

Alliance Data Systems (NYSE:ADS) last released its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.80 by $0.55. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter last year, the business posted $4.74 earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. equities analysts expect that Alliance Data Systems Co. will post 17.06 EPS for the current fiscal year.

A number of equities analysts have recently commented on the company. Zacks Investment Research raised Alliance Data Systems from a “hold” rating to a “buy” rating and set a $310.00 price target for the company in a report on Tuesday. Barclays reaffirmed an “equal weight” rating and issued a $298.00 price target (up from $278.00) on shares of Alliance Data Systems in a report on Monday, January 8th. Royal Bank of Canada reissued a “buy” rating and set a $293.00 price objective on shares of Alliance Data Systems in a research note on Thursday, January 4th. Robert W. Baird reissued a “hold” rating and set a $270.00 price objective on shares of Alliance Data Systems in a research note on Tuesday, January 9th. Finally, Stephens set a $304.00 price objective on Alliance Data Systems and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $274.06.

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Alliance Data Systems 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.

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

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