Trading Report: Today, Alliance Data Systems Corp. (ADS) CFO Charles L. Horn Sold 1,290 Shares

Today, Alliance Data Systems Corp. (ADS) CFO Charles L. Horn Sold 1,290 Shares

Alliance Data Systems Corp. (NYSE:ADS) CFO Charles L. Horn sold 1,290 shares of the company’s stock in a transaction dated 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 document filed with the SEC, which can be accessed through this link.

Shares of Alliance Data Systems Corp. (NYSE:ADS) opened at 232.04 on Tuesday. The firm has a market capitalization of $13.40 billion, a price-to-earnings ratio of 24.52 and a beta of 1.63. The firm has a 50-day moving average of $210.55 and a 200 day moving average of $211.57. Alliance Data Systems Corp. has a 12-month low of $176.63 and a 12-month high of $290.30.

Alliance Data Systems Corp. (NYSE:ADS) last released its quarterly earnings data on Thursday, October 20th. The company reported $4.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.44 by $0.30. Alliance Data Systems Corp. had a net margin of 9.59% and a return on equity of 50.86%. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the prior year, the company posted $3.95 earnings per share. The business’s 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 3rd will be issued 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 payout ratio is 22.01%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alta Capital Management LLC increased its position in Alliance Data Systems Corp. by 6.2% in the second quarter. Alta Capital Management LLC now owns 98,689 shares of the company’s stock valued at $19,335,000 after buying an additional 5,750 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd increased its position in Alliance Data Systems Corp. by 335.7% in the second quarter. QUANTRES ASSET MANAGEMENT Ltd now owns 6,100 shares of the company’s stock valued at $1,195,000 after buying an additional 4,700 shares during the last quarter. First Quadrant L P CA acquired a new position in Alliance Data Systems Corp. during the second quarter valued at $862,000. Arcadia Investment Management Corp MI increased its position in Alliance Data Systems Corp. by 70.8% in the second quarter. Arcadia Investment Management Corp MI now owns 12,477 shares of the company’s stock valued at $2,444,000 after buying an additional 5,170 shares during the last quarter. Finally, Boys Arnold & Co. Inc. increased its position in Alliance Data Systems Corp. by 47.8% in the second quarter. Boys Arnold & Co. Inc. now owns 2,380 shares of the company’s stock valued at $466,000 after buying an additional 770 shares during the last quarter. Hedge funds and other institutional investors own 93.38% of the company’s stock.

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

Alliance Data Systems Corp. Company Profile

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