Insider Buying: Alliance Data Systems Co. (NYSE:ADS) Director Buys $52,026.00 in Stock

Alliance Data Systems Co. (NYSE:ADS) Director Sharen J. Turney bought 1,725 shares of Alliance Data Systems stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average price of $30.16 per share, with a total value of $52,026.00. Following the acquisition, the director now directly owns 14,243 shares of the company’s stock, valued at approximately $429,568.88. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

NYSE ADS opened at $38.51 on Thursday. The company has a current ratio of 2.03, a quick ratio of 2.01 and a debt-to-equity ratio of 7.87. The firm’s fifty day moving average price is $77.83 and its two-hundred day moving average price is $104.66. Alliance Data Systems Co. has a 1 year low of $20.51 and a 1 year high of $182.95. The firm has a market capitalization of $2.00 billion, a P/E ratio of 6.37, a price-to-earnings-growth ratio of 0.17 and a beta of 1.78.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, January 30th. The business services provider reported $4.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.08 by $0.04. Alliance Data Systems had a net margin of 5.57% and a return on equity of 42.99%. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the firm posted $7.04 earnings per share. The company’s quarterly revenue was down .2% compared to the same quarter last year. On average, research analysts anticipate that Alliance Data Systems Co. will post 20.25 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 14th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 6.54%. The ex-dividend date of this dividend was Thursday, February 13th. Alliance Data Systems’s dividend payout ratio (DPR) is currently 15.38%.

Several brokerages recently commented on ADS. Bank of America began coverage on shares of Alliance Data Systems in a report on Monday, December 2nd. They set a “neutral” rating and a $111.00 target price for the company. JMP Securities cut shares of Alliance Data Systems from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 18th. Royal Bank of Canada reduced their target price on shares of Alliance Data Systems from $138.00 to $135.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Cfra reduced their target price on shares of Alliance Data Systems from $135.00 to $130.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, Argus cut shares of Alliance Data Systems from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. Alliance Data Systems has an average rating of “Hold” and a consensus target price of $133.88.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Lyrical Asset Management LP raised its position in Alliance Data Systems by 5.1% during the fourth quarter. Lyrical Asset Management LP now owns 1,581,376 shares of the business services provider’s stock worth $177,430,000 after acquiring an additional 76,274 shares in the last quarter. Boston Partners raised its position in shares of Alliance Data Systems by 17.4% in the third quarter. Boston Partners now owns 1,184,007 shares of the business services provider’s stock valued at $151,545,000 after purchasing an additional 175,721 shares during the period. AQR Capital Management LLC raised its position in shares of Alliance Data Systems by 336.8% in the fourth quarter. AQR Capital Management LLC now owns 1,055,237 shares of the business services provider’s stock valued at $117,596,000 after purchasing an additional 813,679 shares during the period. Bank of New York Mellon Corp raised its position in shares of Alliance Data Systems by 53.3% in the fourth quarter. Bank of New York Mellon Corp now owns 806,839 shares of the business services provider’s stock valued at $90,528,000 after purchasing an additional 280,383 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Alliance Data Systems by 11.1% in the fourth quarter. Geode Capital Management LLC now owns 749,156 shares of the business services provider’s stock valued at $83,904,000 after purchasing an additional 74,903 shares during the period. 91.15% of the stock is currently owned by hedge funds and other institutional investors.

Alliance Data Systems Company Profile

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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