Emerald Advisers Inc. PA Sells 3,295 Shares of Alliance Data Systems Corporation (ADS)

Emerald Advisers Inc. PA cut its holdings in Alliance Data Systems Corporation (NYSE:ADS) by 34.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,373 shares of the business services provider’s stock after selling 3,295 shares during the period. Emerald Advisers Inc. PA’s holdings in Alliance Data Systems Corporation were worth $1,412,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fiduciary Trust Co. purchased a new stake in shares of Alliance Data Systems Corporation in the 2nd quarter worth about $108,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of Alliance Data Systems Corporation by 5.6% in the 2nd 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 in the last quarter. ETF Managers Group LLC purchased a new stake in shares of Alliance Data Systems Corporation in the 2nd quarter worth about $128,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Alliance Data Systems Corporation in the 1st quarter worth about $141,000. Finally, Acadian Asset Management LLC boosted its position in shares of Alliance Data Systems Corporation by 11,600.0% in the 2nd 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 in the last quarter. Institutional investors and hedge funds own 96.05% of the company’s stock.

Alliance Data Systems Corporation (NYSE:ADS) opened at $225.59 on Friday. The firm has a market capitalization of $12,516.41, a price-to-earnings ratio of 13.40, a PEG ratio of 0.98 and a beta of 1.78. The company has a debt-to-equity ratio of 8.23, a quick ratio of 2.23 and a current ratio of 1.78.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, November 14th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Monday, November 13th. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is presently 22.06%.

Alliance Data Systems Corporation announced that its board has initiated a share buyback program on Thursday, July 27th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the business services provider to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

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A number of research analysts have issued reports on the stock. Keefe, Bruyette & Woods restated a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems Corporation in a report on Friday, October 6th. Zacks Investment Research lowered shares of Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 14th. KeyCorp restated a “hold” rating on shares of Alliance Data Systems Corporation in a report on Friday, August 25th. Royal Bank Of Canada restated a “buy” rating and issued a $280.00 target price on shares of Alliance Data Systems Corporation in a report on Friday, July 28th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $302.00 target price on shares of Alliance Data Systems Corporation in a report on Thursday, August 3rd. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Alliance Data Systems Corporation has a consensus rating of “Hold” and a consensus target price of $257.00.

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.

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

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