Canada Pension Plan Investment Board Has $29.57 Million Position in Alliance Data Systems Corporation (ADS)

Canada Pension Plan Investment Board increased its stake in Alliance Data Systems Corporation (NYSE:ADS) by 53.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,484 shares of the business services provider’s stock after purchasing an additional 46,435 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.24% of Alliance Data Systems Corporation worth $29,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Green Square Capital LLC grew its stake in Alliance Data Systems Corporation by 0.3% during the 2nd quarter. Green Square Capital LLC now owns 3,054 shares of the business services provider’s stock valued at $784,000 after acquiring an additional 8 shares in the last quarter. Citizens Financial Group Inc RI grew its stake in Alliance Data Systems Corporation by 2.2% during the 2nd quarter. Citizens Financial Group Inc RI now owns 909 shares of the business services provider’s stock valued at $233,000 after acquiring an additional 20 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in Alliance Data Systems Corporation by 5.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 26 shares in the last quarter. Suntrust Banks Inc. grew its stake in Alliance Data Systems Corporation by 1.7% during the 2nd quarter. Suntrust Banks Inc. now owns 2,240 shares of the business services provider’s stock valued at $574,000 after acquiring an additional 37 shares in the last quarter. Finally, Advisor Partners LLC grew its stake in Alliance Data Systems Corporation by 3.5% during the 2nd quarter. Advisor Partners LLC now owns 1,364 shares of the business services provider’s stock valued at $350,000 after acquiring an additional 46 shares in the last quarter. 96.24% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on the company. Oppenheimer Holdings, Inc. set a $208.00 target price on Alliance Data Systems Corporation and gave the company a “sell” rating in a research note on Thursday, October 26th. BMO Capital Markets reiterated a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems Corporation in a report on Wednesday, October 18th. KeyCorp reiterated a “hold” rating on shares of Alliance Data Systems Corporation in a report on Friday, August 25th. Argus reiterated a “buy” rating and set a $290.00 price target (down from $309.00) on shares of Alliance Data Systems Corporation in a report on Sunday, July 30th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $300.00 price target on shares of Alliance Data Systems Corporation in a report on Friday, October 6th. Four equities 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 company’s stock. Alliance Data Systems Corporation presently has an average rating of “Hold” and a consensus price target of $257.00.

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Shares of Alliance Data Systems Corporation (ADS) opened at $225.59 on Monday. The stock has a market cap of $12,516.51, a price-to-earnings ratio of 13.40, a price-to-earnings-growth ratio of 0.98 and a beta of 1.78. The company has a debt-to-equity ratio of 8.23, a current ratio of 1.78 and a quick ratio of 2.23.

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

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

The firm also recently disclosed 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 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 is currently 22.06%.

Alliance Data Systems Corporation 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 Corporation (NYSE:ADS)

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