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.
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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