Alliance Data Systems Co. (NYSE:ADS)’s share price was down 9.3% during trading on Monday . The company traded as low as $161.42 and last traded at $164.04. Approximately 3,055,593 shares were traded during mid-day trading, an increase of 346% from the average daily volume of 684,761 shares. The stock had previously closed at $180.93.
A number of equities analysts recently commented on ADS shares. Deutsche Bank set a $188.00 price objective on Alliance Data Systems and gave the stock a “buy” rating in a report on Friday, February 8th. SunTrust Banks increased their price objective on Alliance Data Systems from $190.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Zacks Investment Research upgraded Alliance Data Systems from a “sell” rating to a “hold” rating in a report on Tuesday, April 9th. Stephens set a $188.00 price objective on Alliance Data Systems and gave the stock a “hold” rating in a report on Friday, February 8th. Finally, Wolfe Research downgraded Alliance Data Systems from an “outperform” rating to a “market perform” rating in a report on Friday, January 4th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $225.62.
The company has a debt-to-equity ratio of 6.77, a current ratio of 2.15 and a quick ratio of 2.13. The firm has a market cap of $9.59 billion, a P/E ratio of 7.61, a P/E/G ratio of 0.71 and a beta of 1.78.
Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings results on Thursday, February 7th. The business services provider reported $7.04 EPS for the quarter, beating the consensus estimate of $6.78 by $0.26. Alliance Data Systems had a return on equity of 54.62% and a net margin of 12.36%. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter last year, the company posted $6.26 earnings per share. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. On average, equities research analysts expect that Alliance Data Systems Co. will post 20.92 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Thursday, February 21st were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.54%. The ex-dividend date was Wednesday, February 20th. This is an increase from Alliance Data Systems’s previous quarterly dividend of $0.57. Alliance Data Systems’s dividend payout ratio (DPR) is 11.69%.
A number of hedge funds have recently made changes to their positions in ADS. Bank of New York Mellon Corp grew its holdings in Alliance Data Systems by 30.2% during the third quarter. Bank of New York Mellon Corp now owns 533,241 shares of the business services provider’s stock valued at $125,931,000 after purchasing an additional 123,748 shares during the last quarter. CI Investments Inc. grew its stake in shares of Alliance Data Systems by 23.3% in the third quarter. CI Investments Inc. now owns 60,400 shares of the business services provider’s stock worth $14,264,000 after acquiring an additional 11,400 shares during the last quarter. Martingale Asset Management L P acquired a new stake in shares of Alliance Data Systems in the third quarter worth $1,517,000. Dimensional Fund Advisors LP grew its stake in shares of Alliance Data Systems by 7.8% in the third quarter. Dimensional Fund Advisors LP now owns 278,313 shares of the business services provider’s stock worth $65,726,000 after acquiring an additional 20,248 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Alliance Data Systems by 12.8% in the third quarter. Franklin Resources Inc. now owns 13,904 shares of the business services provider’s stock worth $3,284,000 after acquiring an additional 1,574 shares during the last quarter. Institutional investors own 93.47% of the company’s stock.
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About Alliance Data Systems (NYSE:ADS)
Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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