Alliance Data Systems Corporation (ADS) : Boothbay Fund Management reduced its stake in Alliance Data Systems Corporation by 0.27% during the most recent quarter end. The investment management company now holds a total of 6,773 shares of Alliance Data Systems Corporation which is valued at $1,483,490 after selling 18 shares in Alliance Data Systems Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Alliance Data Systems Corporation makes up approximately 0.64% of Boothbay Fund Management’s portfolio.
Other Hedge Funds, Including , Ontario Teachers Pension Plan Board reduced its stake in ADS by selling 214 shares or 10.36% in the most recent quarter. The Hedge Fund company now holds 1,852 shares of ADS which is valued at $405,644.Parametric Portfolio Associates reduced its stake in ADS by selling 76,601 shares or 48.58% in the most recent quarter. The Hedge Fund company now holds 81,078 shares of ADS which is valued at $17,758,514. Alliance Data Systems Corporation makes up approx 0.03% of Parametric Portfolio Associates’s portfolio.Origin Asset Management Llp boosted its stake in ADS in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 63,228 shares of Alliance Data Systems Corporation which is valued at $13,848,829. Alliance Data Systems Corporation makes up approx 0.88% of Origin Asset Management Llp’s portfolio. Court Place Advisors added ADS to its portfolio by purchasing 9,138 company shares during the most recent quarter which is valued at $2,133,449. Alliance Data Systems Corporation makes up approx 1.20% of Court Place Advisors’s portfolio.
Alliance Data Systems Corporation opened for trading at $204.64 and hit $210.19 on the upside on Thursday, eventually ending the session at $210.19, with a gain of 2.74% or 5.61 points. The heightened volatility saw the trading volume jump to 13,66,130 shares. Company has a market cap of $12,302 M.
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 Downgraded by Credit Suisse to ” Underperform” on Aug 17, 2016. Alliance Data Systems Corporation was Downgraded by BMO Capital Markets to ” Market Perform” on Jul 22, 2016. Alliance Data Systems Corporation was Downgraded by Stifel to ” Hold” on Jul 18, 2016.
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.