Mendel Money Management Acquires New Position in Alliance Data Systems Co. (ADS)

Mendel Money Management acquired a new stake in shares of Alliance Data Systems Co. (NYSE:ADS) in the fourth quarter, HoldingsChannel reports. The fund acquired 9,367 shares of the business services provider’s stock, valued at approximately $2,374,000. Alliance Data Systems makes up approximately 2.3% of Mendel Money Management’s holdings, making the stock its 22nd largest position.

A number of other hedge funds have also recently bought and sold shares of ADS. Northwestern Mutual Wealth Management Co. lifted its stake in Alliance Data Systems by 516.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 493 shares of the business services provider’s stock valued at $125,000 after buying an additional 413 shares in the last quarter. WFG Advisors LP lifted its stake in Alliance Data Systems by 135.9% during the second quarter. WFG Advisors LP now owns 677 shares of the business services provider’s stock valued at $174,000 after buying an additional 390 shares in the last quarter. FNY Managed Accounts LLC purchased a new stake in Alliance Data Systems during the fourth quarter valued at about $190,000. Cubic Asset Management LLC purchased a new stake in Alliance Data Systems during the fourth quarter valued at about $208,000. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in Alliance Data Systems during the fourth quarter valued at about $265,000. 94.82% of the stock is owned by institutional investors.

In related news, CFO Charles L. Horn sold 2,128 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total value of $500,080.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.60% of the company’s stock.

ADS has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed a “hold” rating and set a $235.00 price objective on shares of Alliance Data Systems in a research note on Wednesday, October 18th. SunTrust Banks reaffirmed a “buy” rating and set a $310.00 price objective on shares of Alliance Data Systems in a research note on Friday, October 20th. Oppenheimer set a $208.00 price objective on shares of Alliance Data Systems and gave the company a “sell” rating in a research note on Thursday, October 19th. ValuEngine raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. Finally, Barclays raised shares of Alliance Data Systems from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $265.00 to $310.00 in a research note on Wednesday, January 3rd. Four analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the stock. Alliance Data Systems has a consensus rating of “Hold” and an average price target of $276.44.

Alliance Data Systems Co. (NYSE ADS) opened at $246.75 on Thursday. Alliance Data Systems Co. has a twelve month low of $209.00 and a twelve month high of $278.33. The company has a market capitalization of $13,340.90, a P/E ratio of 17.46, a P/E/G ratio of 0.86 and a beta of 1.71. The company has a quick ratio of 2.09, a current ratio of 1.91 and a debt-to-equity ratio of 8.02.

Alliance Data Systems (NYSE:ADS) last released its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, topping analysts’ consensus estimates of $4.72 by $1.38. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter in the prior year, the company posted $4.67 earnings per share. The firm’s revenue was up 15.2% on a year-over-year basis. analysts expect that Alliance Data Systems Co. will post 21.49 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Wednesday, February 14th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $2.28 dividend on an annualized basis and a yield of 0.92%. This is an increase from Alliance Data Systems’s previous quarterly dividend of $0.52. Alliance Data Systems’s dividend payout ratio is currently 14.72%.

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

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