Alliance Data Systems Corporation (ADS) : Handelsbanken Fonder Ab reduced its stake in Alliance Data Systems Corporation by 8.38% during the most recent quarter end. The investment management company now holds a total of 164,000 shares of Alliance Data Systems Corporation which is valued at $34,653,200 after selling 15,000 shares in Alliance Data Systems Corporation , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Alliance Data Systems Corporation makes up approximately 1.37% of Handelsbanken Fonder Ab’s portfolio.
Other Hedge Funds, Including , Sumitomo Life Insurance Co sold out all of its stake in ADS during the most recent quarter. The investment firm sold 2,343 shares of ADS which is valued $495,076. Ct Mason sold out all of its stake in ADS during the most recent quarter. The investment firm sold 8,645 shares of ADS which is valued $1,737,299.British Columbia Investment Management Corp reduced its stake in ADS by selling 1,017 shares or 3.63% in the most recent quarter. The Hedge Fund company now holds 26,985 shares of ADS which is valued at $5,422,906. Alliance Data Systems Corporation makes up approx 0.05% of British Columbia Investment Management Corp’s portfolio. Integrated Investment Consultants added ADS to its portfolio by purchasing 75 company shares during the most recent quarter which is valued at $14,526. Alliance Data Systems Corporation makes up approx 0.01% of Integrated Investment Consultants’s portfolio.
Alliance Data Systems Corporation closed down -1.87 points or -0.88% at $211.3 with 7,74,212 shares getting traded on Monday. Post opening the session at $211.45, the shares hit an intraday low of $209.03 and an intraday high of $212.71 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Alliance Data Systems Corporation reported $3.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $3.80. The company had revenue of $1676.00 million for the quarter, compared to analysts expectations of $1689.63 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.65 EPS.
Many Wall Street Analysts have commented on Alliance Data Systems Corporation. 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 .Susquehanna Initiated Alliance Data Systems Corporation on Apr 26, 2016 to “Neutral”, Price Target of the shares are set at $228.
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.