Bronfman E.L. Rothschild L.P. lessened its position in Alliance Data Systems Co. (NYSE:ADS) by 39.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 292 shares of the business services provider’s stock after selling 188 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Alliance Data Systems were worth $44,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new position in shares of Alliance Data Systems in the fourth quarter valued at approximately $47,000. Meeder Asset Management Inc. purchased a new position in shares of Alliance Data Systems in the fourth quarter valued at approximately $56,000. Cerebellum GP LLC purchased a new position in shares of Alliance Data Systems in the fourth quarter valued at approximately $70,000. Advisors Asset Management Inc. lifted its position in shares of Alliance Data Systems by 59.1% in the fourth quarter. Advisors Asset Management Inc. now owns 506 shares of the business services provider’s stock valued at $76,000 after acquiring an additional 188 shares in the last quarter. Finally, Enlightenment Research LLC purchased a new position in shares of Alliance Data Systems in the fourth quarter valued at approximately $105,000. Institutional investors and hedge funds own 93.45% of the company’s stock.
ADS has been the topic of a number of analyst reports. Deutsche Bank set a $188.00 price objective on Alliance Data Systems and gave the stock a “buy” rating in a research report on Friday, February 8th. Stephens set a $188.00 price objective on Alliance Data Systems and gave the stock a “hold” rating in a research report on Friday, February 8th. Robert W. Baird downgraded Alliance Data Systems from an “outperform” rating to a “neutral” rating and set a $171.00 price objective on the stock. in a research report on Friday, February 8th. Zacks Investment Research downgraded Alliance Data Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, January 29th. Finally, Morgan Stanley downgraded Alliance Data Systems from an “equal weight” rating to an “underweight” rating in a research report on Thursday, January 24th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $239.00.
Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, February 7th. The business services provider reported $7.04 earnings per share for the quarter, beating the Zacks’ consensus estimate of $6.78 by $0.26. Alliance Data Systems had a return on equity of 54.62% and a net margin of 12.36%. The business had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the firm posted $6.26 earnings per share. The company’s revenue was down 2.4% on a year-over-year basis. As a group, research analysts anticipate that Alliance Data Systems Co. will post 20.58 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Thursday, February 21st were paid a $0.63 dividend. The ex-dividend date was Wednesday, February 20th. This is a boost from Alliance Data Systems’s previous quarterly dividend of $0.57. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.54%. Alliance Data Systems’s payout ratio is presently 11.69%.
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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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