Fairbanks Capital Management buys $1,093,111 stake in Alliance Data Systems Corporation (ADS)

Alliance Data Systems Corporation (ADS) : Fairbanks Capital Management scooped up 461 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 17, 2016. The investment management firm now holds a total of 5,211 shares of Alliance Data Systems Corporation which is valued at $1,093,111.Alliance Data Systems Corporation makes up approximately 1.25% of Fairbanks Capital Management’s portfolio.

Other Hedge Funds, Including , Howe Rusling Inc boosted its stake in ADS in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 39 shares of Alliance Data Systems Corporation which is valued at $8,181.National Pension Service boosted its stake in ADS in the latest quarter, The investment management firm added 4,274 additional shares and now holds a total of 49,796 shares of Alliance Data Systems Corporation which is valued at $10,445,707. Alliance Data Systems Corporation makes up approx 0.09% of National Pension Service’s portfolio. Hills Bank Trust Co added ADS to its portfolio by purchasing 4,160 company shares during the most recent quarter which is valued at $868,525. Alliance Data Systems Corporation makes up approx 0.31% of Hills Bank Trust Co’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ADS by selling 3,273 shares or 41.61% in the most recent quarter. The Hedge Fund company now holds 4,593 shares of ADS which is valued at $993,374.Chevy Chase Trust Holdings reduced its stake in ADS by selling 963 shares or 1.9% in the most recent quarter. The Hedge Fund company now holds 49,639 shares of ADS which is valued at $10,735,923. Alliance Data Systems Corporation makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio.

Alliance Data Systems Corporation opened for trading at $208.16 and hit $210.335 on the upside on Friday, eventually ending the session at $209.77, with a gain of 1.42% or 2.93 points. The heightened volatility saw the trading volume jump to 4,36,529 shares. Company has a market cap of $12,278 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 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.

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