Today, 1,290 Shares of Alliance Data Systems Corp. (ADS) Stock are sold by Charles L. Horn

Today, 1,290 Shares of Alliance Data Systems Corp. (ADS) Stock are sold by Charles L. Horn

Alliance Data Systems Corp. (NYSE:ADS) CFO Charles L. Horn sold 1,290 shares of the business’s stock in a transaction on Friday, November 25th. The shares were sold at an average price of $234.53, for a total transaction of $302,543.70. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Alliance Data Systems Corp. (NYSE:ADS) traded down 1.13% during trading on Monday, reaching $232.04. 752,298 shares of the company traded hands. The stock’s 50 day moving average is $209.89 and its 200 day moving average is $211.26. Alliance Data Systems Corp. has a 1-year low of $176.63 and a 1-year high of $290.30. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 24.52 and a beta of 1.63.

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

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

ADS has been the subject of a number of recent analyst reports. Deutsche Bank AG reissued a “buy” rating and set a $246.00 target price on shares of Alliance Data Systems Corp. in a research note on Thursday, September 1st. Credit Suisse Group AG set a $163.00 target price on shares of Alliance Data Systems Corp. and gave the company a “sell” rating in a research note on Saturday, November 12th. Zacks Investment Research raised shares of Alliance Data Systems Corp. from a “sell” rating to a “hold” rating in a research note on Monday, October 17th. Atlantic Securities initiated coverage on shares of Alliance Data Systems Corp. in a research note on Wednesday, October 5th. They set an “overweight” rating and a $270.00 target price for the company. Finally, Guggenheim initiated coverage on shares of Alliance Data Systems Corp. in a research note on Thursday, November 17th. They set a “buy” rating and a $238.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Alliance Data Systems Corp. presently has an average rating of “Buy” and an average target price of $257.68.

Several institutional investors have recently made changes to their positions in the stock. Aberdeen Asset Management PLC UK boosted its position in shares of Alliance Data Systems Corp. by 11.7% in the second quarter. Aberdeen Asset Management PLC UK now owns 117,689 shares of the company’s stock valued at $23,058,000 after buying an additional 12,306 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in shares of Alliance Data Systems Corp. by 10,081.4% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 230,506 shares of the company’s stock valued at $45,161,000 after buying an additional 228,242 shares during the last quarter. First Quadrant L P CA bought a new position in shares of Alliance Data Systems Corp. during the second quarter valued at about $862,000. Bank of Montreal Can bought a new position in shares of Alliance Data Systems Corp. during the second quarter valued at about $130,349,000. Finally, Cooke & Bieler LP bought a new position in shares of Alliance Data Systems Corp. during the second quarter valued at about $75,659,000. Institutional investors and hedge funds own 93.38% of the company’s stock.

About Alliance Data Systems Corp.

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