Metropolitan Life Insurance Co NY reduced its stake in Alliance Data Systems Co. (NYSE:ADS) by 30.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,286 shares of the business services provider’s stock after selling 2,795 shares during the period. Metropolitan Life Insurance Co NY’s holdings in Alliance Data Systems were worth $805,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Johnson Financial Group Inc. grew its stake in shares of Alliance Data Systems by 940.9% in the 2nd quarter. Johnson Financial Group Inc. now owns 229 shares of the business services provider’s stock valued at $32,000 after buying an additional 207 shares during the period. Whitnell & Co. bought a new position in Alliance Data Systems in the third quarter worth approximately $36,000. Rational Advisors LLC boosted its holdings in Alliance Data Systems by 83.4% in the third quarter. Rational Advisors LLC now owns 310 shares of the business services provider’s stock worth $40,000 after acquiring an additional 141 shares in the last quarter. CSat Investment Advisory L.P. grew its stake in Alliance Data Systems by 92.1% in the second quarter. CSat Investment Advisory L.P. now owns 436 shares of the business services provider’s stock valued at $61,000 after acquiring an additional 209 shares during the period. Finally, Usca Ria LLC acquired a new stake in Alliance Data Systems in the third quarter valued at approximately $62,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Shares of Alliance Data Systems stock opened at $105.26 on Monday. The company has a market capitalization of $4.85 billion, a P/E ratio of 4.88, a price-to-earnings-growth ratio of 0.55 and a beta of 1.65. The stock has a fifty day simple moving average of $107.41 and a 200 day simple moving average of $130.87. Alliance Data Systems Co. has a 12-month low of $99.20 and a 12-month high of $188.35. The company has a current ratio of 2.10, a quick ratio of 2.08 and a debt-to-equity ratio of 8.91.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, October 24th. The business services provider reported $5.05 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.03). The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.45 billion. Alliance Data Systems had a net margin of 7.54% and a return on equity of 47.40%. Alliance Data Systems’s revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $5.37 earnings per share. On average, analysts predict that Alliance Data Systems Co. will post 16.44 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Thursday, November 14th will be issued a $0.63 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $2.52 annualized dividend and a dividend yield of 2.39%. Alliance Data Systems’s dividend payout ratio is currently 11.69%.

In related news, insider Valueact Capital Master Fund, sold 960,007 shares of the stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $16.43, for a total transaction of $15,772,915.01. Also, major shareholder Holdings L.P. Valueact sold 2,000,000 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $101.50, for a total value of $203,000,000.00. The disclosure for this sale can be found here. Corporate insiders own 2.80% of the company’s stock.

A number of equities analysts have recently weighed in on the company. SunTrust Banks set a $135.00 target price on Alliance Data Systems and gave the stock a “buy” rating in a research report on Friday, October 25th. ValuEngine raised shares of Alliance Data Systems from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. UBS Group upgraded shares of Alliance Data Systems from a “neutral” rating to a “buy” rating and decreased their price target for the company from $160.00 to $155.00 in a research note on Tuesday, September 3rd. Wolfe Research set a $125.00 price objective on shares of Alliance Data Systems and gave the stock a “hold” rating in a report on Friday, October 25th. Finally, Bank of America assumed coverage on shares of Alliance Data Systems in a research note on Monday, December 2nd. They issued a “neutral” rating and a $111.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $142.64.

Alliance Data Systems Company Profile

Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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