New Mexico Educational Retirement Board Sells 800 Shares of Alliance Data Systems Co. (ADS)

New Mexico Educational Retirement Board lowered its holdings in Alliance Data Systems Co. (NYSE:ADS) by 15.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,400 shares of the business services provider’s stock after selling 800 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Alliance Data Systems were worth $975,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Alliance Data Systems by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 5,353,265 shares of the business services provider’s stock valued at $1,374,130,000 after purchasing an additional 43,960 shares in the last quarter. Edgewood Management LLC raised its stake in shares of Alliance Data Systems by 1.1% during the 3rd quarter. Edgewood Management LLC now owns 2,900,220 shares of the business services provider’s stock worth $642,544,000 after acquiring an additional 30,560 shares in the last quarter. Northern Trust Corp raised its stake in shares of Alliance Data Systems by 41.3% during the 2nd quarter. Northern Trust Corp now owns 1,308,680 shares of the business services provider’s stock worth $335,925,000 after acquiring an additional 382,814 shares in the last quarter. OMERS ADMINISTRATION Corp raised its stake in shares of Alliance Data Systems by 8.1% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 769,200 shares of the business services provider’s stock worth $197,446,000 after acquiring an additional 57,481 shares in the last quarter. Finally, TimesSquare Capital Management LLC raised its stake in shares of Alliance Data Systems by 2.9% during the 2nd quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock worth $173,751,000 after acquiring an additional 18,922 shares in the last quarter. Institutional investors and hedge funds own 95.35% of the company’s stock.

ADS has been the subject of several recent analyst reports. ValuEngine upgraded shares of Alliance Data Systems from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. SunTrust Banks reiterated a “buy” rating and set a $310.00 price objective on shares of Alliance Data Systems in a research note on Friday, October 20th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $300.00 price objective on shares of Alliance Data Systems in a research note on Thursday, August 31st. BMO Capital Markets reiterated a “hold” rating and set a $235.00 price objective on shares of Alliance Data Systems in a research note on Wednesday, October 18th. Finally, KeyCorp reiterated a “hold” rating on shares of Alliance Data Systems in a research note on Friday, August 25th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $258.50.

Shares of Alliance Data Systems Co. (NYSE ADS) opened at $236.29 on Friday. The firm has a market cap of $12,930.95, a P/E ratio of 13.91, a price-to-earnings-growth ratio of 1.01 and a beta of 1.79. Alliance Data Systems Co. has a 12-month low of $209.00 and a 12-month high of $266.25. 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 (NYSE:ADS) last released its earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, topping the consensus estimate of $4.80 by $0.55. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems had a net margin of 7.09% and a return on equity of 62.95%. Alliance Data Systems’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.74 EPS. equities analysts expect that Alliance Data Systems Co. will post 17.12 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 14th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is currently 22.06%.

In other news, CFO Charles L. Horn sold 2,128 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total value of $500,080.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is owned by corporate insiders.

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

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