Quantbot Technologies Lp buys $7,920,817 stake in Alliance Data Systems Corporation (ADS)

Alliance Data Systems Corporation (ADS) : Quantbot Technologies Lp scooped up 33,314 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 Aug 2, 2016. The investment management firm now holds a total of 35,628 shares of Alliance Data Systems Corporation which is valued at $7,920,817.Alliance Data Systems Corporation makes up approximately 0.82% of Quantbot Technologies Lp’s portfolio.

Other Hedge Funds, Including , Parkside Financial Bank Trust reduced its stake in ADS by selling 20 shares or 71.43% in the most recent quarter. The Hedge Fund company now holds 8 shares of ADS which is valued at $1,779.Public Employees Retirement Association Of Colorado reduced its stake in ADS by selling 1,148 shares or 8.28% in the most recent quarter. The Hedge Fund company now holds 12,709 shares of ADS which is valued at $2,943,659. Alliance Data Systems Corporation makes up approx 0.02% of Public Employees Retirement Association Of Colorado’s portfolio. Chase Investment Counsel Corp sold out all of its stake in ADS during the most recent quarter. The investment firm sold 22,496 shares of ADS which is valued $5,252,141. Simplex Trading added ADS to its portfolio by purchasing 2,747 company shares during the most recent quarter which is valued at $590,660. Alliance Data Systems Corporation makes up approx 0.07% of Simplex Trading’s portfolio.

Alliance Data Systems Corporation opened for trading at $222.79 and hit $224.525 on the upside on Monday, eventually ending the session at $222.91, with a gain of 0.24% or 0.54 points. The heightened volatility saw the trading volume jump to 4,60,807 shares. Company has a market cap of $13,138 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 BMO Capital Markets to ” Market Perform” on Jul 22, 2016. Alliance Data Systems Corporation was Downgraded by Stifel to ” Hold” on Jul 18, 2016. Shares were Reiterated by Barclays on Jul 7, 2016 to “Overweight” and Lowered the Price Target to $ 240 from a previous price target of $280 .

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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