Advantus Capital Management Inc Has $1.11 Million Holdings in Alliance Data Systems Corporation (ADS)

Advantus Capital Management Inc lowered its position in shares of Alliance Data Systems Corporation (NYSE:ADS) by 12.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,995 shares of the business services provider’s stock after selling 709 shares during the quarter. Advantus Capital Management Inc owned 9,003.24% of Alliance Data Systems Corporation worth $1,107,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Swiss National Bank raised its position in Alliance Data Systems Corporation by 0.3% during the 3rd quarter. Swiss National Bank now owns 184,398 shares of the business services provider’s stock worth $40,853,000 after buying an additional 600 shares during the last quarter. Bank of Hawaii raised its position in Alliance Data Systems Corporation by 6.0% during the 3rd quarter. Bank of Hawaii now owns 4,247 shares of the business services provider’s stock worth $941,000 after buying an additional 240 shares during the last quarter. Boston Partners raised its position in Alliance Data Systems Corporation by 21.3% during the 3rd quarter. Boston Partners now owns 531,378 shares of the business services provider’s stock worth $117,727,000 after buying an additional 93,296 shares during the last quarter. Nicolet Bankshares Inc. raised its position in Alliance Data Systems Corporation by 25.6% during the 3rd quarter. Nicolet Bankshares Inc. now owns 2,220 shares of the business services provider’s stock worth $492,000 after buying an additional 453 shares during the last quarter. Finally, Parkwood LLC purchased a new position in Alliance Data Systems Corporation during the 3rd quarter worth $6,762,000. Institutional investors own 96.24% of the company’s stock.

A number of brokerages have commented on ADS. Keefe, Bruyette & Woods restated a “buy” rating and set a $300.00 price objective on shares of Alliance Data Systems Corporation in a research report on Friday, October 6th. KeyCorp restated a “hold” rating on shares of Alliance Data Systems Corporation in a research report on Friday, August 25th. Royal Bank Of Canada restated a “buy” rating and set a $280.00 price objective on shares of Alliance Data Systems Corporation in a research report on Friday, July 28th. Piper Jaffray Companies reiterated a “buy” rating and issued a $302.00 price target on shares of Alliance Data Systems Corporation in a report on Thursday, August 3rd. Finally, Oppenheimer Holdings, Inc. set a $191.00 price target on shares of Alliance Data Systems Corporation and gave the company a “sell” rating in a report on Thursday, August 24th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company. The company 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 (NYSE:ADS) opened at $225.45 on Friday. The company has a market cap of $12,455.89, a PE ratio of 13.40, a P/E/G ratio of 0.98 and a beta of 1.78. Alliance Data Systems Corporation has a 12 month low of $206.41 and a 12 month high of $266.25. The company has a quick ratio of 2.23, a current ratio of 2.11 and a debt-to-equity ratio of 9.53.

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

Alliance Data Systems Corporation announced that its board has initiated a stock buyback program on Thursday, July 27th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, November 14th will be paid a $0.52 dividend. The ex-dividend date is Monday, November 13th. This represents a $2.08 dividend on an annualized basis and a yield of 0.92%. Alliance Data Systems Corporation’s payout ratio is 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.

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

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