Stifel Financial Corp Purchases 4,276 Shares of Alliance Data Systems Co. (NYSE:ADS)

Share on StockTwits

Stifel Financial Corp lifted its position in shares of Alliance Data Systems Co. (NYSE:ADS) by 40.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,803 shares of the business services provider’s stock after acquiring an additional 4,276 shares during the period. Stifel Financial Corp’s holdings in Alliance Data Systems were worth $1,892,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Johnson Financial Group Inc. grew its position in 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 worth $32,000 after purchasing an additional 207 shares during the period. Whitnell & Co. bought a new stake in Alliance Data Systems in the 3rd quarter worth approximately $36,000. Rational Advisors LLC grew its position in Alliance Data Systems by 83.4% in the 3rd quarter. Rational Advisors LLC now owns 310 shares of the business services provider’s stock worth $40,000 after purchasing an additional 141 shares during the period. CSat Investment Advisory L.P. grew its position in Alliance Data Systems by 92.1% in the 2nd quarter. CSat Investment Advisory L.P. now owns 436 shares of the business services provider’s stock worth $61,000 after purchasing an additional 209 shares during the period. Finally, Usca Ria LLC bought a new stake in Alliance Data Systems in the 3rd quarter worth approximately $62,000. 89.98% of the stock is owned by institutional investors and hedge funds.

Shares of ADS stock opened at $108.94 on Friday. Alliance Data Systems Co. has a 1 year low of $99.20 and a 1 year high of $182.95. The firm has a fifty day moving average price of $105.21 and a 200-day moving average price of $129.71. The company has a debt-to-equity ratio of 8.91, a current ratio of 2.10 and a quick ratio of 2.08. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 5.05, a PEG ratio of 0.55 and a beta of 1.65.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.03). Alliance Data Systems had a net margin of 7.54% and a return on equity of 47.40%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the firm earned $5.37 EPS. The company’s revenue was up 1.1% on a year-over-year basis. Equities research analysts expect 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. Investors of record on Thursday, November 14th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Wednesday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is 11.69%.

In related news, major shareholder Holdings L.P. Valueact sold 2,000,000 shares of Alliance Data Systems stock in a transaction on Monday, October 28th. The shares were sold at an average price of $101.50, for a total transaction of $203,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Valueact Capital Master Fund, sold 960,007 shares of Alliance Data Systems stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $16.43, for a total transaction of $15,772,915.01. 2.80% of the stock is currently owned by insiders.

A number of equities research analysts have commented on the stock. Bank of America assumed coverage on shares of Alliance Data Systems in a research report on Monday, December 2nd. They issued a “neutral” rating and a $111.00 target price for the company. ValuEngine raised shares of Alliance Data Systems from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. SunTrust Banks set a $135.00 price objective on shares of Alliance Data Systems and gave the company a “buy” rating in a research report on Friday, October 25th. Royal Bank of Canada set a $121.00 price objective on shares of Alliance Data Systems and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Edward Jones downgraded shares of Alliance Data Systems from a “buy” rating to a “hold” rating in a research report on Friday, October 25th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $142.64.

Alliance Data Systems 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.

Featured Story: How To Calculate Debt-to-Equity Ratio

Want to see what other hedge funds are holding ADS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alliance Data Systems Co. (NYSE:ADS).

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

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



Latest News

Abbott Laboratories  Updates FY 2020
Pre-Market Earnings Guidance
Abbott Laboratories Updates FY 2020 Pre-Market Earnings Guidance
Express  Releases Q4 2019
Pre-Market Earnings Guidance
Express Releases Q4 2019 Pre-Market Earnings Guidance
MarineMax  Updates FY20 Earnings Guidance
MarineMax Updates FY20 Earnings Guidance
Squar Milner Financial Services LLC Cuts Position in Invesco BulletShares 2022 Corporate Bond ETF
Squar Milner Financial Services LLC Cuts Position in Invesco BulletShares 2022 Corporate Bond ETF
Vanguard Russell 2000  Stock Position Trimmed by Janney Montgomery Scott LLC
Vanguard Russell 2000 Stock Position Trimmed by Janney Montgomery Scott LLC
Janney Montgomery Scott LLC Has $14.72 Million Stake in L3Harris
Janney Montgomery Scott LLC Has $14.72 Million Stake in L3Harris


 
© 2006-2020 Zolmax.