Oregon Public Employees Retirement Fund Has $3.65 Million Stock Holdings in Alliance Data Systems Co. (NYSE:ADS)

Oregon Public Employees Retirement Fund lifted its holdings in Alliance Data Systems Co. (NYSE:ADS) by 30.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,011 shares of the business services provider’s stock after buying an additional 6,128 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Alliance Data Systems were worth $3,645,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Financial Advisors Network Inc. boosted its position in shares of Alliance Data Systems by 43.2% in the first quarter. Financial Advisors Network Inc. now owns 6,552 shares of the business services provider’s stock worth $901,000 after buying an additional 1,977 shares during the period. Nicollet Investment Management Inc. acquired a new stake in shares of Alliance Data Systems in the first quarter worth $436,000. CIBC World Markets Inc. boosted its position in shares of Alliance Data Systems by 11.0% in the first quarter. CIBC World Markets Inc. now owns 1,717 shares of the business services provider’s stock worth $300,000 after buying an additional 170 shares during the period. Emory University boosted its position in shares of Alliance Data Systems by 17.2% in the first quarter. Emory University now owns 11,142 shares of the business services provider’s stock worth $1,950,000 after buying an additional 1,633 shares during the period. Finally, Candriam Luxembourg S.C.A. boosted its position in shares of Alliance Data Systems by 27.8% in the first quarter. Candriam Luxembourg S.C.A. now owns 28,784 shares of the business services provider’s stock worth $5,037,000 after buying an additional 6,258 shares during the period. 92.24% of the stock is owned by institutional investors and hedge funds.

ADS traded down $1.64 during trading on Friday, reaching $154.40. 7,420 shares of the stock traded hands, compared to its average volume of 767,083. The stock has a market cap of $8.09 billion, a PE ratio of 7.18, a price-to-earnings-growth ratio of 0.58 and a beta of 1.63. Alliance Data Systems Co. has a fifty-two week low of $133.56 and a fifty-two week high of $250.27. The company has a debt-to-equity ratio of 5.38, a quick ratio of 2.53 and a current ratio of 1.72. The firm’s 50-day moving average price is $146.75.

Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings results on Thursday, July 18th. The business services provider reported $3.66 earnings per share for the quarter, missing analysts’ consensus estimates of $4.08 by ($0.42). Alliance Data Systems had a return on equity of 46.72% and a net margin of 13.01%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the prior year, the firm earned $5.01 EPS. Alliance Data Systems’s quarterly revenue was down 3.5% on a year-over-year basis. On average, equities research analysts expect that Alliance Data Systems Co. will post 18.92 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Wednesday, September 4th will be given a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.63%. Alliance Data Systems’s dividend payout ratio is currently 11.69%.

Alliance Data Systems declared that its board has approved a share repurchase program on Tuesday, July 9th that allows the company to repurchase $1.10 billion in outstanding shares. This repurchase authorization allows the business services provider to purchase up to 14.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Several brokerages have recently commented on ADS. Buckingham Research reaffirmed a “neutral” rating and issued a $169.00 target price on shares of Alliance Data Systems in a research report on Monday, July 22nd. Robert W. Baird set a $173.00 price objective on Alliance Data Systems and gave the company a “hold” rating in a research report on Friday, July 19th. SunTrust Banks reissued a “buy” rating and set a $180.00 price objective on shares of Alliance Data Systems in a research report on Friday, June 14th. Zacks Investment Research cut Alliance Data Systems from a “hold” rating to a “sell” rating in a research report on Monday, April 29th. Finally, Deutsche Bank reduced their price objective on Alliance Data Systems from $188.00 to $162.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $215.23.

In other Alliance Data Systems news, CFO Timothy P. King sold 2,600 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $156.30, for a total value of $406,380.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.80% of the stock is owned by insiders.

Alliance Data Systems Company Profile

Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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Institutional Ownership by Quarter for Alliance Data Systems (NYSE:ADS)

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