Robert W. Baird lowered shares of Alliance Data Systems (NYSE:ADS) from an outperform rating to a neutral rating in a research note published on Friday morning, Marketbeat Ratings reports. Robert W. Baird currently has $171.00 price objective on the business services provider’s stock.
Other research analysts have also issued research reports about the stock. Wolfe Research lowered shares of Alliance Data Systems from an outperform rating to a market perform rating in a research note on Friday, January 4th. Stephens set a $227.00 price objective on shares of Alliance Data Systems and gave the company an equal weight rating in a research note on Tuesday, November 27th. ValuEngine lowered shares of Alliance Data Systems from a sell rating to a strong sell rating in a research note on Thursday, November 1st. Barclays began coverage on shares of Alliance Data Systems in a research note on Wednesday, November 14th. They set an overweight rating and a $254.00 price objective on the stock. Finally, SunTrust Banks lowered their price objective on shares of Alliance Data Systems to $250.00 and set a buy rating on the stock in a research note on Monday, November 19th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $239.58.
NYSE ADS opened at $165.11 on Friday. Alliance Data Systems has a 12 month low of $142.58 and a 12 month high of $250.93. The company has a current ratio of 1.83, a quick ratio of 2.38 and a debt-to-equity ratio of 5.74. The company has a market cap of $8.95 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.58 and a beta of 1.88.
Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, February 7th. The business services provider reported $7.04 EPS for the quarter, beating the Zacks’ consensus estimate of $6.78 by $0.26. Alliance Data Systems had a net margin of 12.36% and a return on equity of 54.62%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter last year, the business earned $6.26 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. Sell-side analysts predict that Alliance Data Systems will post 23 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Shareholders of record on Thursday, February 21st will be given a $0.63 dividend. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.57. The ex-dividend date is Wednesday, February 20th. This represents a $2.52 annualized dividend and a yield of 1.53%. Alliance Data Systems’s payout ratio is 10.58%.
In other Alliance Data Systems news, Director Holdings L.P. Valueact sold 125,000 shares of Alliance Data Systems stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $199.10, for a total value of $24,887,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Valueact Capital Master Fund, sold 200,000 shares of Alliance Data Systems stock in a transaction that occurred on Thursday, November 29th. The stock was sold at an average price of $198.60, for a total transaction of $39,720,000.00. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. Martingale Asset Management L P boosted its stake in Alliance Data Systems by 185.2% in the 4th quarter. Martingale Asset Management L P now owns 18,321 shares of the business services provider’s stock worth $2,750,000 after purchasing an additional 11,898 shares during the period. State of Tennessee Treasury Department boosted its stake in Alliance Data Systems by 23.0% in the 4th quarter. State of Tennessee Treasury Department now owns 296,114 shares of the business services provider’s stock worth $44,441,000 after purchasing an additional 55,324 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Alliance Data Systems by 10.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,140 shares of the business services provider’s stock worth $321,000 after purchasing an additional 210 shares during the period. Commonwealth Equity Services LLC boosted its stake in Alliance Data Systems by 5.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,259 shares of the business services provider’s stock worth $489,000 after purchasing an additional 163 shares during the period. Finally, AlphaCrest Capital Management LLC acquired a new position in Alliance Data Systems in the 4th quarter worth approximately $623,000. 96.48% of the stock is owned by hedge funds and other institutional investors.
Alliance Data Systems Company 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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