Bank of Montreal Can Has $122.05 Million Stake in Alliance Data Systems Co. (ADS)

Bank of Montreal Can trimmed its stake in Alliance Data Systems Co. (NYSE:ADS) by 4.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 481,504 shares of the business services provider’s stock after selling 23,104 shares during the period. Bank of Montreal Can’s holdings in Alliance Data Systems were worth $122,052,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cryder Capital Partners LLP lifted its stake in shares of Alliance Data Systems by 6.9% in the 3rd quarter. Cryder Capital Partners LLP now owns 140,071 shares of the business services provider’s stock valued at $31,033,000 after purchasing an additional 9,063 shares during the last quarter. Atlanta Capital Management Co. L L C lifted its stake in shares of Alliance Data Systems by 3.7% in the 3rd quarter. Atlanta Capital Management Co. L L C now owns 140,187 shares of the business services provider’s stock valued at $31,059,000 after purchasing an additional 4,980 shares during the last quarter. Court Place Advisors LLC lifted its stake in shares of Alliance Data Systems by 6.9% in the 3rd quarter. Court Place Advisors LLC now owns 11,013 shares of the business services provider’s stock valued at $2,440,000 after purchasing an additional 715 shares during the last quarter. Macquarie Group Ltd. lifted its stake in shares of Alliance Data Systems by 1,310.0% in the 2nd quarter. Macquarie Group Ltd. now owns 1,410 shares of the business services provider’s stock valued at $362,000 after purchasing an additional 1,310 shares during the last quarter. Finally, Dupont Capital Management Corp lifted its stake in shares of Alliance Data Systems by 33.6% in the 3rd quarter. Dupont Capital Management Corp now owns 14,833 shares of the business services provider’s stock valued at $3,286,000 after purchasing an additional 3,733 shares during the last quarter. 94.59% of the stock is owned by institutional investors and hedge funds.

Shares of Alliance Data Systems Co. (ADS) opened at $258.07 on Wednesday. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53. The firm has a market capitalization of $14,260.00, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 0.99 and a beta of 1.79. Alliance Data Systems Co. has a 1 year low of $209.00 and a 1 year high of $278.33.

Alliance Data Systems (NYSE:ADS) last issued its earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.80 by $0.55. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.97 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. Alliance Data Systems’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.74 EPS. equities research analysts predict that Alliance Data Systems Co. will post 17.08 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is presently 22.06%.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research lowered Alliance Data Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Barclays reissued an “equal weight” rating and set a $298.00 price target (up from $278.00) on shares of Alliance Data Systems in a research note on Monday, January 8th. Robert W. Baird reissued a “hold” rating and set a $270.00 price target on shares of Alliance Data Systems in a research note on Tuesday, January 9th. Royal Bank of Canada reissued a “buy” rating and set a $293.00 price target on shares of Alliance Data Systems in a research note on Thursday, January 4th. Finally, BMO Capital Markets reissued a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems in a research note on Wednesday, October 18th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $267.59.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of Alliance Data Systems stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.60% of the company’s stock.

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Alliance Data Systems 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.

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

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