Alliance Data Systems Corporation (ADS) : Alta Capital Management scooped up 1,902 additional shares in Alliance Data Systems Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 100,591 shares of Alliance Data Systems Corporation which is valued at $20,806,242.Alliance Data Systems Corporation makes up approximately 1.32% of Alta Capital Management’s portfolio.
Other Hedge Funds, Including , Legal General Group Plc boosted its stake in ADS in the latest quarter, The investment management firm added 3,339 additional shares and now holds a total of 252,401 shares of Alliance Data Systems Corporation which is valued at $52,562,508. Alliance Data Systems Corporation makes up approx 0.05% of Legal General Group Plc’s portfolio.Simplex Trading reduced its stake in ADS by selling 1,911 shares or 69.57% in the most recent quarter. The Hedge Fund company now holds 836 shares of ADS which is valued at $174,665. Alliance Data Systems Corporation makes up approx 0.02% of Simplex Trading’s portfolio.
Alliance Data Systems Corporation closed down -0.53 points or -0.25% at $208.25 with 4,83,390 shares getting traded on Tuesday. Post opening the session at $209.18, the shares hit an intraday low of $205.735 and an intraday high of $209.965 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Alliance Data Systems Corporation reported $3.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $3.59. The company had revenue of $1748.80 million for the quarter, compared to analysts expectations of $1641.29 million. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.32 EPS.
Many Wall Street Analysts have commented on Alliance Data Systems Corporation. Alliance Data Systems Corporation was Initiated by Atlantic Equities to “Overweight” on Oct 5, 2016. Alliance Data Systems Corporation was Downgraded by Pacific Crest to ” Sector Weight” on Sep 26, 2016. Wedbush Initiated Alliance Data Systems Corporation on Sep 9, 2016 to “Neutral”, Price Target of the shares are set at $225.
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries. The Company operates through three segments: LoyaltyOne which includes the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon which provides direct marketing solutions and Private Label Services and Credit which provides risk management solutions account origination funding transaction processing customer care collections and marketing services for the Company’s private label and co-brand retail credit card programs. 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.