Alliance Data Systems Corporation (ADS) Stake Lowered by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. decreased its stake in Alliance Data Systems Corporation (NYSE:ADS) by 31.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,381 shares of the business services provider’s stock after selling 3,341 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Alliance Data Systems Corporation were worth $1,635,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in Alliance Data Systems Corporation by 0.8% during the second quarter. Vanguard Group Inc. now owns 5,353,265 shares of the business services provider’s stock worth $1,374,130,000 after acquiring an additional 43,960 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Alliance Data Systems Corporation by 41.3% during the second quarter. Northern Trust Corp now owns 1,308,680 shares of the business services provider’s stock worth $335,925,000 after buying an additional 382,814 shares in the last quarter. OMERS ADMINISTRATION Corp grew its holdings in shares of Alliance Data Systems Corporation by 8.1% during the second quarter. OMERS ADMINISTRATION Corp now owns 769,200 shares of the business services provider’s stock worth $197,446,000 after buying an additional 57,481 shares in the last quarter. TimesSquare Capital Management LLC grew its holdings in shares of Alliance Data Systems Corporation by 2.9% during the second quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock worth $173,751,000 after buying an additional 18,922 shares in the last quarter. Finally, Sustainable Growth Advisers LP grew its holdings in shares of Alliance Data Systems Corporation by 5.9% during the second quarter. Sustainable Growth Advisers LP now owns 596,256 shares of the business services provider’s stock worth $153,053,000 after buying an additional 33,413 shares in the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Shares of Alliance Data Systems Corporation (ADS) opened at $224.20 on Tuesday. The company has a debt-to-equity ratio of 9.53, a quick ratio of 2.09 and a current ratio of 2.11. Alliance Data Systems Corporation has a 52 week low of $206.41 and a 52 week high of $266.25. The stock has a market cap of $12,455.81, a P/E ratio of 13.40, a price-to-earnings-growth ratio of 0.98 and a beta of 1.78.

Alliance Data Systems Corporation (NYSE:ADS) last released its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.80 by $0.55. Alliance Data Systems Corporation had a net margin of 7.09% and a return on equity of 62.95%. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.97 billion. During the same period in the previous year, the firm earned $4.74 earnings per share. Alliance Data Systems Corporation’s revenue for the quarter was up 1.4% on a year-over-year basis. sell-side analysts predict that Alliance Data Systems Corporation will post 17.12 EPS for the current year.

Alliance Data Systems Corporation declared that its board has approved a share repurchase program on Thursday, July 27th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s management believes its stock is undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Monday, November 13th. This represents a $2.08 annualized dividend and a yield of 0.93%. Alliance Data Systems Corporation’s dividend payout ratio is currently 22.06%.

A number of equities research analysts have recently commented on ADS shares. Credit Suisse Group reiterated an “underperform” rating on shares of Alliance Data Systems Corporation in a report on Tuesday, September 5th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $300.00 price target on shares of Alliance Data Systems Corporation in a report on Thursday, August 31st. ValuEngine upgraded shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Oppenheimer Holdings, Inc. set a $208.00 price target on shares of Alliance Data Systems Corporation and gave the stock a “sell” rating in a report on Thursday, October 19th. Finally, Barclays PLC downgraded shares of Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $285.00 to $265.00 in a report on Friday, July 21st. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company’s stock. Alliance Data Systems Corporation presently has an average rating of “Hold” and a consensus target price of $257.00.

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Alliance Data Systems Corporation 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.

Institutional Ownership by Quarter for Alliance Data Systems Corporation (NYSE:ADS)

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