Stonerise Capital Management Lowers stake in Alliance Data Systems Corporation (ADS)

Alliance Data Systems Corporation (ADS) : Stonerise Capital Management reduced its stake in Alliance Data Systems Corporation by 6.5% during the most recent quarter end. The investment management company now holds a total of 93,500 shares of Alliance Data Systems Corporation which is valued at $19,709,800 after selling 6,500 shares in Alliance Data Systems Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Alliance Data Systems Corporation makes up approximately 15.29% of Stonerise Capital Management’s portfolio.

Other Hedge Funds, Including , Sva Plumb Wealth Management reduced its stake in ADS by selling 1,000 shares or 26.74% in the most recent quarter. The Hedge Fund company now holds 2,740 shares of ADS which is valued at $577,592. Alliance Data Systems Corporation makes up approx 0.09% of Sva Plumb Wealth Management’s portfolio.Tokio Marine Asset Management Co Ltd reduced its stake in ADS by selling 279 shares or 12.78% in the most recent quarter. The Hedge Fund company now holds 1,904 shares of ADS which is valued at $380,857. Alliance Data Systems Corporation makes up approx 0.04% of Tokio Marine Asset Management Co Ltd’s portfolio.Central Trust Co boosted its stake in ADS in the latest quarter, The investment management firm added 41 additional shares and now holds a total of 914 shares of Alliance Data Systems Corporation which is valued at $188,732. Alliance Data Systems Corporation makes up approx 0.01% of Central Trust Co’s portfolio.Gateway Investment Advisers boosted its stake in ADS in the latest quarter, The investment management firm added 1,318 additional shares and now holds a total of 13,716 shares of Alliance Data Systems Corporation which is valued at $2,832,217. Alliance Data Systems Corporation makes up approx 0.03% of Gateway Investment Advisers’s portfolio.

Alliance Data Systems Corporation opened for trading at $217.92 and hit $218.88 on the upside on Monday, eventually ending the session at $217.6, with a gain of 0.02% or 0.05 points. The heightened volatility saw the trading volume jump to 6,19,817 shares. Company has a market cap of $12,568 M.

On the company’s financial health, Alliance Data Systems Corporation reported $4.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.30 according to the earnings call on Oct 20, 2016. Analyst had a consensus of $4.44. The company had revenue of $1806.00 million for the quarter, compared to analysts expectations of $1781.92 million. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.95 EPS.

Many Wall Street Analysts have commented on Alliance Data Systems Corporation. Alliance Data Systems Corporation was Initiated by Guggenheim to “Buy” on Nov 17, 2016. Compass Point Initiated Alliance Data Systems Corporation on Nov 4, 2016 to “Sell”, Price Target of the shares are set at $168.Alliance Data Systems Corporation was Initiated by Atlantic Equities to “Overweight” on Oct 5, 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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