Bridgewater Associates Lp buys $36,632,987 stake in Alliance Data Systems Corporation (ADS)

Alliance Data Systems Corporation (ADS) : Bridgewater Associates Lp scooped up 59,087 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 10, 2016. The investment management firm now holds a total of 167,251 shares of Alliance Data Systems Corporation which is valued at $36,632,987.Alliance Data Systems Corporation makes up approximately 0.43% of Bridgewater Associates Lp’s portfolio.

Other Hedge Funds, Including , Catalyst Capital Advisors reduced its stake in ADS by selling 1,800 shares or 97.3% in the most recent quarter. The Hedge Fund company now holds 50 shares of ADS which is valued at $10,952.Norinchukin Bank The reduced its stake in ADS by selling 5,086 shares or 62.19% in the most recent quarter. The Hedge Fund company now holds 3,092 shares of ADS which is valued at $680,054. Alliance Data Systems Corporation makes up approx 0.02% of Norinchukin Bank The’s portfolio.Zweig-dimenna Associates boosted its stake in ADS in the latest quarter, The investment management firm added 21,380 additional shares and now holds a total of 59,080 shares of Alliance Data Systems Corporation which is valued at $12,994,055. Alliance Data Systems Corporation makes up approx 1.26% of Zweig-dimenna Associates’s portfolio.Mn Services Vermogensbeheer B.v. reduced its stake in ADS by selling 25 shares or 1.64% in the most recent quarter. The Hedge Fund company now holds 1,497 shares of ADS which is valued at $332,888. Alliance Data Systems Corporation makes up approx 0.07% of Mn Services Vermogensbeheer B.v.’s portfolio.Dekabank Deutsche Girozentrale boosted its stake in ADS in the latest quarter, The investment management firm added 650 additional shares and now holds a total of 4,650 shares of Alliance Data Systems Corporation which is valued at $1,034,021. Alliance Data Systems Corporation makes up approx 0.01% of Dekabank Deutsche Girozentrale’s portfolio.

Alliance Data Systems Corporation closed down -2.17 points or -1.07% at $200.14 with 31,81,858 shares getting traded on Friday. Post opening the session at $200.95, the shares hit an intraday low of $193.67 and an intraday high of $200.95 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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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