Alliance Data Systems Co. (ADS) Shares Bought by KBC Group NV

KBC Group NV grew its position in shares of Alliance Data Systems Co. (NYSE:ADS) by 22.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 249,318 shares of the business services provider’s stock after buying an additional 45,568 shares during the quarter. KBC Group NV’s holdings in Alliance Data Systems were worth $63,197,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Bank of Hawaii grew its stake in shares of Alliance Data Systems by 6.0% during the third quarter. Bank of Hawaii now owns 4,247 shares of the business services provider’s stock valued at $941,000 after purchasing an additional 240 shares during the last quarter. Citizens & Northern Corp grew its stake in shares of Alliance Data Systems by 3.8% during the third quarter. Citizens & Northern Corp now owns 6,721 shares of the business services provider’s stock valued at $1,489,000 after purchasing an additional 243 shares during the last quarter. Sentry Investment Management LLC grew its stake in shares of Alliance Data Systems by 1.5% during the second quarter. Sentry Investment Management LLC now owns 17,242 shares of the business services provider’s stock valued at $4,426,000 after purchasing an additional 255 shares during the last quarter. Cardinal Capital Management grew its stake in shares of Alliance Data Systems by 11.8% during the third quarter. Cardinal Capital Management now owns 2,461 shares of the business services provider’s stock valued at $545,000 after purchasing an additional 260 shares during the last quarter. Finally, First Allied Advisory Services Inc. grew its stake in shares of Alliance Data Systems by 9.2% during the third quarter. First Allied Advisory Services Inc. now owns 3,092 shares of the business services provider’s stock valued at $689,000 after purchasing an additional 261 shares during the last quarter. 94.82% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Alliance Data Systems Co. (ADS) opened at $240.67 on Friday. The company has a quick ratio of 2.09, a current ratio of 1.91 and a debt-to-equity ratio of 8.02. The firm has a market cap of $13,292.83, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 0.86 and a beta of 1.71. Alliance Data Systems Co. has a twelve month low of $209.00 and a twelve month high of $278.33.

Alliance Data Systems (NYSE:ADS) last posted its earnings results on Thursday, January 25th. The business services provider reported $6.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.72 by $1.38. The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.15 billion. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period last year, the business posted $4.67 earnings per share. sell-side analysts anticipate that Alliance Data Systems Co. will post 21.49 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Wednesday, February 14th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.52. This represents a $2.28 annualized dividend and a yield of 0.95%. Alliance Data Systems’s dividend payout ratio (DPR) is 14.72%.

ADS has been the topic of several research analyst reports. Zacks Investment Research raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating and set a $310.00 price target on the stock in a research note on Tuesday, January 16th. Credit Suisse Group restated an “underperform” rating and issued a $218.00 price objective (up from $193.00) on shares of Alliance Data Systems in a report on Wednesday, January 17th. ValuEngine upgraded shares of Alliance Data Systems from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Stephens set a $304.00 price objective on shares of Alliance Data Systems and gave the company a “buy” rating in a report on Tuesday, January 2nd. Finally, Oppenheimer set a $208.00 price objective on shares of Alliance Data Systems and gave the company a “sell” rating in a report on Thursday, October 19th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $276.44.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total value of $500,080.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.60% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Alliance Data Systems Co. (ADS) Shares Bought by KBC Group NV” was posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.com-unik.info/2018/02/10/alliance-data-systems-co-ads-shares-bought-by-kbc-group-nv.html.

Alliance Data Systems 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.

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit