Principal Financial Group Inc. lessened its holdings in shares of Alliance Data Systems Corporation (NYSE:ADS) by 17.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 73,536 shares of the business services provider’s stock after selling 15,159 shares during the period. Principal Financial Group Inc. owned 0.13% of Alliance Data Systems worth $16,292,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Fiduciary Trust Co. bought a new position in Alliance Data Systems during the second quarter worth $108,000. Benjamin F. Edwards & Company Inc. raised its stake in Alliance Data Systems by 5.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock worth $125,000 after buying an additional 26 shares during the last quarter. ETF Managers Group LLC bought a new position in Alliance Data Systems during the second quarter worth $128,000. Acadian Asset Management LLC raised its stake in Alliance Data Systems by 11,600.0% during the second quarter. Acadian Asset Management LLC now owns 585 shares of the business services provider’s stock worth $150,000 after buying an additional 580 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC raised its stake in Alliance Data Systems by 8.3% during the second quarter. Paradigm Asset Management Co. LLC now owns 650 shares of the business services provider’s stock worth $167,000 after buying an additional 50 shares during the last quarter. Institutional investors own 94.72% of the company’s stock.

A number of equities analysts recently weighed in on ADS shares. Credit Suisse Group reissued an “underperform” rating on shares of Alliance Data Systems in a research note on Tuesday, September 5th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $300.00 target price on shares of Alliance Data Systems in a research note on Thursday, August 31st. ValuEngine raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. Oppenheimer Holdings, Inc. set a $208.00 target price on shares of Alliance Data Systems and gave the stock a “sell” rating in a research note on Thursday, October 19th. Finally, BidaskClub downgraded shares of Alliance Data Systems from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $258.27.

Shares of Alliance Data Systems Corporation (ADS) opened at $222.02 on Monday. Alliance Data Systems Corporation has a 52 week low of $209.00 and a 52 week high of $266.25. The company has a quick ratio of 2.09, a current ratio of 2.11 and a debt-to-equity ratio of 9.53. The firm has a market cap of $12,270.00, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 0.96 and a beta of 1.78.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating the consensus estimate of $4.80 by $0.55. Alliance Data Systems had a net margin of 7.09% and a return on equity of 62.95%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.97 billion. During the same period in the previous year, the firm posted $4.74 earnings per share. The business’s revenue was up 1.4% compared to the same quarter last year. equities research analysts predict that Alliance Data Systems Corporation will post 17.12 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 0.94%. The ex-dividend date is Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is currently 22.06%.

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Alliance Data Systems 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.

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

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