Stonerise Capital Management buys $21,903,000 stake in Alliance Data Systems Corporation (ADS)

Alliance Data Systems Corporation (ADS) : Stonerise Capital Management scooped up 75,000 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 15, 2016. The investment management firm now holds a total of 100,000 shares of Alliance Data Systems Corporation which is valued at $21,903,000.Alliance Data Systems Corporation makes up approximately 10.52% of Stonerise Capital Management’s portfolio.

Other Hedge Funds, Including , Glenhill Advisors added ADS to its portfolio by purchasing 107,736 company shares during the most recent quarter which is valued at $23,597,416. Alliance Data Systems Corporation makes up approx 1.62% of Glenhill Advisors’s portfolio.Citadel Advisors boosted its stake in ADS in the latest quarter, The investment management firm added 248,783 additional shares and now holds a total of 391,881 shares of Alliance Data Systems Corporation which is valued at $85,833,695. Alliance Data Systems Corporation makes up approx 0.22% of Citadel Advisors’s portfolio.Thompson Investment Management boosted its stake in ADS in the latest quarter, The investment management firm added 2,426 additional shares and now holds a total of 24,132 shares of Alliance Data Systems Corporation which is valued at $5,365,026. Alliance Data Systems Corporation makes up approx 1.06% of Thompson Investment Management’s portfolio.Mountain Pacific Investment Advisers Incid reduced its stake in ADS by selling 34,716 shares or 85.9% in the most recent quarter. The Hedge Fund company now holds 5,700 shares of ADS which is valued at $1,317,156. Alliance Data Systems Corporation makes up approx 0.14% of Mountain Pacific Investment Advisers Incid’s portfolio.Pennsylvania Trust Co reduced its stake in ADS by selling 86 shares or 4.85% in the most recent quarter. The Hedge Fund company now holds 1,689 shares of ADS which is valued at $363,169. Alliance Data Systems Corporation makes up approx 0.03% of Pennsylvania Trust Co’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.

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