Today, Kentucky Retirement Systems Buys 5,012 Shares of Alliance Data Systems Corp. (ADS)

Today, Kentucky Retirement Systems Buys 5,012  Shares of Alliance Data Systems Corp. (ADS)

Kentucky Retirement Systems acquired a new position in shares of Alliance Data Systems Corp. (NYSE:ADS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,012 shares of the company’s stock, valued at approximately $982,000.

A number of other hedge funds have also recently bought and sold shares of ADS. Vanguard Group Inc. boosted its stake in Alliance Data Systems Corp. by 1.1% in the second quarter. Vanguard Group Inc. now owns 5,075,539 shares of the company’s stock worth $994,401,000 after buying an additional 53,616 shares during the period. ValueAct Holdings L.P. boosted its stake in Alliance Data Systems Corp. by 507.6% in the second quarter. ValueAct Holdings L.P. now owns 3,287,910 shares of the company’s stock worth $644,167,000 after buying an additional 2,746,795 shares during the period. FMR LLC boosted its stake in Alliance Data Systems Corp. by 38.9% in the second quarter. FMR LLC now owns 2,592,230 shares of the company’s stock worth $507,870,000 after buying an additional 726,044 shares during the period. Edgewood Management LLC boosted its stake in Alliance Data Systems Corp. by 2.7% in the second quarter. Edgewood Management LLC now owns 2,526,501 shares of the company’s stock worth $494,992,000 after buying an additional 66,548 shares during the period. Finally, American Century Companies Inc. boosted its stake in Alliance Data Systems Corp. by 16.5% in the second quarter. American Century Companies Inc. now owns 1,514,754 shares of the company’s stock worth $296,771,000 after buying an additional 214,480 shares during the period. Institutional investors own 93.07% of the company’s stock.

Shares of 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 firm has a market cap of $13.56 billion, a price-to-earnings ratio of 24.80 and a beta of 1.63. The firm’s 50 day moving average price is $209.89 and its 200 day moving average price is $211.26. Alliance Data Systems Corp. has a 52-week low of $176.63 and a 52-week high of $290.30.

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

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

A number of brokerages have commented on ADS. Credit Suisse Group AG set a $163.00 price target on Alliance Data Systems Corp. and gave the stock a “sell” rating in a research report on Saturday, November 12th. JMP Securities restated a “buy” rating on shares of Alliance Data Systems Corp. in a research report on Tuesday, October 4th. BMO Capital Markets restated a “hold” rating and issued a $235.00 price target on shares of Alliance Data Systems Corp. in a research report on Friday, October 21st. Zacks Investment Research cut Alliance Data Systems Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, September 21st. Finally, Atlantic Securities began coverage on Alliance Data Systems Corp. in a research report on Wednesday, October 5th. They issued an “overweight” rating and a $270.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $257.68.

Alliance Data Systems Corp. 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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