Todays Report: Today, Alliance Data Systems Corp. (ADS) Stake Held by Amica Retiree Medical Trust

Today, Alliance Data Systems Corp. (ADS) Stake Held by Amica Retiree Medical Trust

Amica Retiree Medical Trust held its stake in shares of Alliance Data Systems Corp. (NYSE:ADS) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 933 shares of the company’s stock at the end of the third quarter. Amica Retiree Medical Trust’s holdings in Alliance Data Systems Corp. were worth $200,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in ADS. Quadrant Capital Group LLC increased its stake in shares of Alliance Data Systems Corp. by 19.8% in the third quarter. Quadrant Capital Group LLC now owns 526 shares of the company’s stock worth $107,000 after buying an additional 87 shares in the last quarter. MSI Financial Services Inc increased its stake in shares of Alliance Data Systems Corp. by 37.2% in the third quarter. MSI Financial Services Inc now owns 520 shares of the company’s stock worth $112,000 after buying an additional 141 shares in the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of Alliance Data Systems Corp. during the third quarter worth $118,000. First Interstate Bank purchased a new stake in shares of Alliance Data Systems Corp. during the second quarter worth $129,000. Finally, Glenmede Trust Co. NA increased its stake in shares of Alliance Data Systems Corp. by 198.4% in the second quarter. Glenmede Trust Co. NA now owns 755 shares of the company’s stock worth $146,000 after buying an additional 502 shares in the last quarter. Institutional investors and hedge funds own 93.07% of the company’s stock.

Alliance Data Systems Corp. (NYSE:ADS) traded down 0.15% during midday trading on Friday, hitting $234.69. The stock had a trading volume of 192,892 shares. The stock has a market cap of $13.56 billion, a P/E ratio of 24.80 and a beta of 1.63. Alliance Data Systems Corp. has a 52 week low of $176.63 and a 52 week high of $290.30. The company has a 50-day moving average price of $209.49 and a 200-day moving average price of $211.03.

Alliance Data Systems Corp. (NYSE:ADS) last released its quarterly earnings data on Thursday, October 20th. The company reported $4.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.44 by $0.30. The firm earned $1.89 billion during the quarter, compared to the consensus estimate of $1.78 billion. Alliance Data Systems Corp. had a return on equity of 50.86% and a net margin of 9.59%. The company’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.95 earnings per share. Equities analysts expect that Alliance Data Systems Corp. will post $16.91 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 3rd will be issued a dividend of $0.52 per share. The ex-dividend date is Tuesday, November 1st. This represents a $2.08 annualized dividend and a dividend yield of 0.89%. Alliance Data Systems Corp.’s dividend payout ratio is 22.01%.

A number of brokerages recently weighed in on ADS. JMP Securities reiterated a “buy” rating on shares of Alliance Data Systems Corp. in a research report on Tuesday, October 4th. Wedbush initiated coverage on shares of Alliance Data Systems Corp. in a research report on Thursday, September 8th. They issued a “neutral” rating and a $225.00 price target on the stock. Credit Suisse Group AG cut Alliance Data Systems Corp. from a “neutral” rating to an “underperform” rating and increased their target price for the stock from $233.00 to $290.00 in a research note on Wednesday, August 17th. Zacks Investment Research cut Alliance Data Systems Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, September 21st. Finally, BMO Capital Markets reissued a “hold” rating and set a $235.00 target price on shares of Alliance Data Systems Corp. in a research note on Friday, October 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $257.68.

About Alliance Data Systems Corp.

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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