Traders purchased shares of Alliance Data Systems Corporation (NYSE:ADS) on weakness during trading hours on Monday. $49.73 million flowed into the stock on the tick-up and $35.79 million flowed out of the stock on the tick-down, for a money net flow of $13.94 million into the stock. Of all equities tracked, Alliance Data Systems Corporation had the 25th highest net in-flow for the day. Alliance Data Systems Corporation traded down ($0.23) for the day and closed at $222.41

A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 price target for the company in a report on Tuesday, June 20th. ValuEngine upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. Argus assumed coverage on Alliance Data Systems Corporation in a report on Thursday, July 13th. They set a “buy” rating and a $309.00 price target for the company. Wedbush reiterated a “neutral” rating and set a $252.00 price target (up from $225.00) on shares of Alliance Data Systems Corporation in a report on Tuesday, June 6th. Finally, TheStreet upgraded Alliance Data Systems Corporation from a “c” rating to a “b” rating in a report on Thursday, April 20th. Two equities 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. Alliance Data Systems Corporation presently has a consensus rating of “Hold” and a consensus price target of $255.97.

The stock’s 50 day moving average price is $248.86 and its 200-day moving average price is $244.71. The company has a market cap of $12.34 billion, a P/E ratio of 25.36 and a beta of 1.76.

Alliance Data Systems Corporation (NYSE:ADS) last issued its earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the prior year, the business earned $3.68 earnings per share. The company’s revenue was up 4.2% compared to the same quarter last year. On average, equities research analysts expect that Alliance Data Systems Corporation will post $18.06 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Monday, August 14th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, August 10th. Alliance Data Systems Corporation’s payout ratio is 23.69%.

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

Large investors have recently modified their holdings of the company. Fiduciary Trust Co. bought a new stake in shares of Alliance Data Systems Corporation during the second quarter valued at $108,000. Johnson Financial Group Inc. increased its stake 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 valued at $106,000 after buying an additional 38 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake 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 valued at $115,000 after buying an additional 188 shares during the last quarter. ETF Managers Group LLC bought a new stake in shares of Alliance Data Systems Corporation during the second quarter valued at $128,000. Finally, FNY Partners Fund LP increased its stake 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 valued at $130,000 after buying an additional 326 shares during the last quarter. 98.89% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: “Traders Buy Shares of Alliance Data Systems Corporation (ADS) on Weakness” was originally published by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.watchlistnews.com/traders-buy-shares-of-alliance-data-systems-corporation-ads-on-weakness/1488003.html.

Alliance Data Systems Corporation 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.

Receive News & Ratings for Alliance Data Systems Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.