Davidson Investment Advisors Sells 282 Shares of Alliance Data Systems Co. (NYSE:ADS)

Davidson Investment Advisors lessened its holdings in Alliance Data Systems Co. (NYSE:ADS) by 0.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,052 shares of the business services provider’s stock after selling 282 shares during the quarter. Davidson Investment Advisors owned 0.13% of Alliance Data Systems worth $8,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. River Road Asset Management LLC lifted its holdings in Alliance Data Systems by 105.0% during the 3rd quarter. River Road Asset Management LLC now owns 66,796 shares of the business services provider’s stock worth $8,559,000 after purchasing an additional 34,208 shares in the last quarter. Eqis Capital Management Inc. lifted its holdings in Alliance Data Systems by 5.0% during the 3rd quarter. Eqis Capital Management Inc. now owns 2,247 shares of the business services provider’s stock worth $288,000 after purchasing an additional 107 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Alliance Data Systems by 48.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,787 shares of the business services provider’s stock worth $485,000 after purchasing an additional 1,230 shares in the last quarter. Whitnell & Co. purchased a new stake in Alliance Data Systems during the 3rd quarter worth about $36,000. Finally, Thompson Investment Management Inc. lifted its holdings in Alliance Data Systems by 19.3% during the 3rd quarter. Thompson Investment Management Inc. now owns 64,746 shares of the business services provider’s stock worth $8,296,000 after purchasing an additional 10,489 shares in the last quarter. Hedge funds and other institutional investors own 89.44% of the company’s stock.

Shares of NYSE:ADS traded down $0.21 on Tuesday, hitting $107.83. The company’s stock had a trading volume of 6,783 shares, compared to its average volume of 1,125,714. The company has a 50-day simple moving average of $117.04 and a 200 day simple moving average of $136.83. Alliance Data Systems Co. has a 1 year low of $99.20 and a 1 year high of $207.98. The company has a market capitalization of $4.97 billion, a PE ratio of 5.02, a PEG ratio of 0.52 and a beta of 1.63. The company has a debt-to-equity ratio of 8.91, a current ratio of 2.10 and a quick ratio of 2.08.

Alliance Data Systems (NYSE:ADS) last released its quarterly earnings results on Thursday, October 24th. The business services provider reported $5.05 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period in the previous year, the business earned $5.37 EPS. The business’s revenue was up 1.1% on a year-over-year basis. On average, equities research analysts expect that Alliance Data Systems Co. will post 16.65 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $2.52 annualized dividend and a dividend yield of 2.34%. Alliance Data Systems’s dividend payout ratio (DPR) is presently 11.69%.

In related news, major shareholder Holdings L.P. Valueact sold 2,000,000 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $101.50, for a total transaction of $203,000,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Valueact Capital Master Fund, sold 960,007 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $16.43, for a total value of $15,772,915.01. 2.80% of the stock is currently owned by corporate insiders.

A number of analysts recently issued reports on ADS shares. HSBC reissued a “neutral” rating and set a $300.00 price objective on shares of Alliance Data Systems in a report on Friday, October 18th. Oppenheimer raised Alliance Data Systems from a “market perform” rating to an “outperform” rating and set a $125.00 price objective on the stock in a report on Monday. Goldman Sachs Group reissued a “buy” rating and set a $310.00 price objective on shares of Alliance Data Systems in a report on Thursday, October 17th. Morgan Stanley reissued a “sell” rating and set a $230.00 price objective on shares of Alliance Data Systems in a report on Tuesday, October 22nd. Finally, Wells Fargo & Co cut Alliance Data Systems from an “outperform” rating to a “market perform” rating and set a $115.00 price objective on the stock. in a report on Friday, October 25th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. Alliance Data Systems presently has an average rating of “Hold” and an average price target of $182.44.

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.

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

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