Alliance Data Systems Co. (NYSE:ADS) had its price objective raised by Barclays PLC from $255.00 to $285.00 in a research report issued to clients and investors on Friday. The brokerage currently has an “overweight” rating on the business services provider’s stock. Barclays PLC’s price objective indicates a potential upside of 9.35% from the company’s current price.
Several other analysts have also recently weighed in on the stock. Oppenheimer Holdings Inc. set a $185.00 price target on shares of Alliance Data Systems and gave the company a “sell” rating in a report on Thursday. CIBC reissued an “underperform” rating on shares of Alliance Data Systems in a research report on Tuesday, April 11th. Deutsche Bank AG reissued a “buy” rating and issued a $278.00 target price on shares of Alliance Data Systems in a research report on Friday, March 24th. BMO Capital Markets reaffirmed a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems in a research report on Monday. Finally, Raymond James Financial, Inc. lowered shares of Alliance Data Systems from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 26th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Alliance Data Systems presently has a consensus rating of “Hold” and a consensus price target of $238.40.
Alliance Data Systems (NYSE:ADS) traded down 0.43% during midday trading on Friday, reaching $259.51. 1,125,062 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $245.33 and its 200 day moving average price is $229.16. The firm has a market cap of $14.51 billion, a price-to-earnings ratio of 35.36 and a beta of 1.65. Alliance Data Systems has a 1-year low of $185.02 and a 1-year high of $266.25.
Alliance Data Systems (NYSE:ADS) last released its quarterly earnings data on Thursday, April 20th. The business services provider reported $3.91 EPS for the quarter, beating analysts’ consensus estimates of $3.64 by $0.27. Alliance Data Systems had a net margin of 7.23% and a return on equity of 54.59%. The company earned $1.88 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the business earned $3.84 earnings per share. Alliance Data Systems’s revenue was up 12.1% compared to the same quarter last year. Equities research analysts anticipate that Alliance Data Systems will post $18.49 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 19th. Shareholders of record on Monday, May 15th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Thursday, May 11th. Alliance Data Systems’s dividend payout ratio (DPR) is 28.42%.
In other Alliance Data Systems news, EVP Bryan A. Pearson sold 3,450 shares of the company’s stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $247.32, for a total transaction of $853,254.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Valueact Capital Master Fund, acquired 210,100 shares of the firm’s stock in a transaction on Tuesday, January 24th. The shares were purchased at an average cost of $228.35 per share, for a total transaction of $47,976,335.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 477,600 shares of company stock valued at $108,498,272 and have sold 6,882 shares valued at $1,685,575. 2.50% of the stock is owned by corporate insiders.
A number of large investors have recently bought and sold shares of ADS. Quadrant Capital Group LLC increased its position in shares of Alliance Data Systems by 19.8% in the third quarter. Quadrant Capital Group LLC now owns 526 shares of the business services provider’s stock worth $107,000 after buying an additional 87 shares during the period. Acrospire Investment Management LLC raised its stake in Alliance Data Systems by 201.0% in the third quarter. Acrospire Investment Management LLC now owns 599 shares of the business services provider’s stock valued at $129,000 after buying an additional 400 shares during the last quarter. CENTRAL TRUST Co raised its stake in Alliance Data Systems by 4.7% in the third quarter. CENTRAL TRUST Co now owns 914 shares of the business services provider’s stock valued at $196,000 after buying an additional 41 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in Alliance Data Systems during the first quarter valued at approximately $198,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new stake in Alliance Data Systems during the third quarter valued at approximately $211,000. Institutional investors own 93.75% of the company’s stock.
Alliance Data Systems Company 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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