Mn Services Vermogensbeheer B.V. grew its stake in Alliance Data Systems Co. (NYSE:ADS) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,371 shares of the business services provider’s stock after purchasing an additional 600 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Alliance Data Systems were worth $1,099,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of Alliance Data Systems during the 4th quarter valued at about $47,000. Meeder Asset Management Inc. acquired a new stake in shares of Alliance Data Systems during the 4th quarter valued at about $56,000. Cerebellum GP LLC acquired a new stake in shares of Alliance Data Systems during the 4th quarter valued at about $70,000. Advisors Asset Management Inc. boosted its position in shares of Alliance Data Systems by 59.1% during the 4th 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 acquired a new stake in shares of Alliance Data Systems during the 4th quarter valued at about $105,000. Institutional investors own 89.57% of the company’s stock.
A number of research analysts recently issued reports on ADS shares. Stephens set a $227.00 price objective on shares of Alliance Data Systems and gave the company an “equal weight” rating in a report on Tuesday, November 27th. Wolfe Research downgraded shares of Alliance Data Systems from an “outperform” rating to a “market perform” rating in a research note on Friday, January 4th. Robert W. Baird lowered shares of Alliance Data Systems from an “outperform” rating to a “neutral” rating and set a $171.00 price target for the company. in a report on Friday, February 8th. BMO Capital Markets raised shares of Alliance Data Systems from a “market perform” rating to an “outperform” rating and set a $240.00 price target for the company in a research report on Monday, December 10th. They noted that the move was a valuation call. Finally, Deutsche Bank set a $188.00 price objective on shares of Alliance Data Systems and gave the stock a “buy” rating in a report on Friday, February 8th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $239.58.
Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, February 7th. The business services provider reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the prior year, the company posted $6.26 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, equities research analysts anticipate that Alliance Data Systems Co. will post 20.58 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 19th. Investors of record on Thursday, February 21st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Wednesday, February 20th. This is a boost from Alliance Data Systems’s previous quarterly dividend of $0.57. This represents a $2.52 annualized dividend and a dividend yield of 1.51%. Alliance Data Systems’s dividend payout ratio (DPR) is 11.69%.
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About Alliance Data Systems
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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