State of Wisconsin Investment Board raised its stake in Alliance Data Systems Co. (NYSE:ADS) by 3.9% during the first quarter, Holdings Channel reports. The fund owned 63,696 shares of the business services provider’s stock after purchasing an additional 2,418 shares during the quarter. State of Wisconsin Investment Board’s holdings in Alliance Data Systems were worth $11,146,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADS. Vanguard Group Inc increased its stake in Alliance Data Systems by 0.9% during the 3rd quarter. Vanguard Group Inc now owns 4,977,881 shares of the business services provider’s stock valued at $1,175,576,000 after purchasing an additional 42,538 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in Alliance Data Systems during the 4th quarter valued at approximately $47,000. Advisors Asset Management Inc. increased its stake in Alliance Data Systems by 59.1% during the 4th quarter. Advisors Asset Management Inc. now owns 506 shares of the business services provider’s stock valued at $76,000 after purchasing an additional 188 shares in the last quarter. SG Americas Securities LLC increased its stake in Alliance Data Systems by 129.5% during the 4th quarter. SG Americas Securities LLC now owns 11,384 shares of the business services provider’s stock valued at $1,709,000 after purchasing an additional 6,424 shares in the last quarter. Finally, Creative Planning boosted its holdings in shares of Alliance Data Systems by 36.8% in the 4th quarter. Creative Planning now owns 2,524 shares of the business services provider’s stock valued at $379,000 after acquiring an additional 679 shares during the last quarter. Institutional investors own 92.30% of the company’s stock.

Shares of NYSE ADS opened at $140.38 on Friday. Alliance Data Systems Co. has a 1 year low of $135.64 and a 1 year high of $250.27. The firm has a market cap of $7.21 billion, a P/E ratio of 6.51, a PEG ratio of 0.44 and a beta of 1.71. The company has a current ratio of 2.55, a quick ratio of 2.53 and a debt-to-equity ratio of 7.00.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $3.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $3.76 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Alliance Data Systems had a net margin of 13.10% and a return on equity of 51.42%. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $4.44 earnings per share. On average, research analysts anticipate that Alliance Data Systems Co. will post 19 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 14th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.80%. The ex-dividend date is Monday, May 13th. Alliance Data Systems’s payout ratio is 11.69%.

ADS has been the topic of several recent research reports. Deutsche Bank dropped their price objective on shares of Alliance Data Systems from $188.00 to $162.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Zacks Investment Research downgraded shares of Alliance Data Systems from a “hold” rating to a “sell” rating in a report on Monday, April 29th. Oppenheimer reaffirmed a “hold” rating on shares of Alliance Data Systems in a report on Friday, April 26th. SunTrust Banks reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Alliance Data Systems in a report on Friday. Finally, BMO Capital Markets downgraded shares of Alliance Data Systems from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $205.00 to $183.00 in a report on Monday, April 15th. Three analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. Alliance Data Systems presently has an average rating of “Hold” and an average target price of $218.92.

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About Alliance Data Systems

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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