Alliance Data Systems Co. (NYSE:ADS)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a research note issued on Friday. They currently have a $278.00 price objective on the stock. Deutsche Bank AG’s price objective points to a potential upside of 14.20% from the stock’s previous close.
A number of other research analysts also recently issued reports on ADS. Guggenheim reissued a “buy” rating on shares of Alliance Data Systems in a report on Sunday, December 4th. Jefferies Group LLC reissued a “buy” rating on shares of Alliance Data Systems in a report on Monday, December 5th. Zacks Investment Research downgraded Alliance Data Systems from a “hold” rating to a “sell” rating in a report on Wednesday, December 21st. Credit Suisse Group AG reissued a “sell” rating and issued a $163.00 price target on shares of Alliance Data Systems in a report on Monday, December 19th. Finally, TheStreet raised Alliance Data Systems to a “buy” rating in a report on Thursday, December 8th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Alliance Data Systems has an average rating of “Hold” and an average target price of $241.09.
Shares of Alliance Data Systems (NYSE:ADS) traded down 0.15% during midday trading on Friday, reaching $243.43. 617,578 shares of the company’s stock were exchanged. The stock has a market cap of $13.61 billion, a P/E ratio of 33.16 and a beta of 1.65. The company’s 50-day moving average is $239.46 and its 200-day moving average is $224.99. Alliance Data Systems has a one year low of $185.02 and a one year high of $251.19.
Alliance Data Systems (NYSE:ADS) last released its earnings results on Thursday, January 26th. The company reported $4.67 EPS for the quarter, topping the Zacks’ consensus estimate of $4.66 by $0.01. Alliance Data Systems had a return on equity of 54.59% and a net margin of 7.23%. The firm earned $1.83 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the company posted $4.13 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. Equities analysts expect that Alliance Data Systems will post $18.49 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 17th. Stockholders of record on Wednesday, February 15th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend was Monday, February 13th. Alliance Data Systems’s dividend payout ratio (DPR) is presently 28.42%.
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In other news, insider Valueact Capital Master Fund, purchased 210,100 shares of the company’s stock in a transaction that occurred on Tuesday, January 24th. The stock was purchased at an average cost of $228.35 per share, for a total transaction of $47,976,335.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Laura Santillan sold 2,784 shares of the business’s stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $246.43, for a total value of $686,061.12. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 477,600 shares of company stock valued at $108,498,272 and sold 6,882 shares valued at $1,685,575. 2.50% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the company. Kentucky Retirement Systems purchased a new stake in shares of Alliance Data Systems during the second quarter valued at approximately $982,000. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of Alliance Data Systems during the second quarter valued at approximately $466,000. Nisa Investment Advisors LLC boosted its stake in shares of Alliance Data Systems by 26.2% in the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock valued at $4,757,000 after buying an additional 4,600 shares during the last quarter. MSI Financial Services Inc boosted its stake in shares of Alliance Data Systems by 37.2% in the third quarter. MSI Financial Services Inc now owns 520 shares of the company’s stock valued at $112,000 after buying an additional 141 shares during the last quarter. Finally, Alta Capital Management LLC boosted its stake in shares of Alliance Data Systems by 1.9% in the third quarter. Alta Capital Management LLC now owns 100,591 shares of the company’s stock valued at $21,579,000 after buying an additional 1,902 shares during the last quarter. Hedge funds and other institutional investors own 93.75% of the company’s stock.
About Alliance Data Systems
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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