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

Alliance Data Systems Corporation (ADS) : Timessquare Capital Management reduced its stake in Alliance Data Systems Corporation by 15.49% during the most recent quarter end. The investment management company now holds a total of 1,113,327 shares of Alliance Data Systems Corporation which is valued at $243,852,013 after selling 204,115 shares in Alliance Data Systems Corporation , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Alliance Data Systems Corporation makes up approximately 1.55% of Timessquare Capital Management’s portfolio.

Other Hedge Funds, Including , Roble Belko Company Inc added ADS to its portfolio by purchasing 155 company shares during the most recent quarter which is valued at $33,950. Alliance Data Systems Corporation makes up approx 0.02% of Roble Belko Company Inc’s portfolio.Utah Retirement Systems reduced its stake in ADS by selling 700 shares or 6.2% in the most recent quarter. The Hedge Fund company now holds 10,591 shares of ADS which is valued at $2,354,591. Alliance Data Systems Corporation makes up approx 0.06% of Utah Retirement Systems’s portfolio.Herndon Capital Management reduced its stake in ADS by selling 111,668 shares or 39.1% in the most recent quarter. The Hedge Fund company now holds 173,898 shares of ADS which is valued at $40,278,255. Alliance Data Systems Corporation makes up approx 1.47% of Herndon Capital Management’s portfolio.Alta Capital Management boosted its stake in ADS in the latest quarter, The investment management firm added 5,750 additional shares and now holds a total of 98,689 shares of Alliance Data Systems Corporation which is valued at $22,805,054. Alliance Data Systems Corporation makes up approx 1.36% of Alta Capital Management’s portfolio. Charter Trust Co sold out all of its stake in ADS during the most recent quarter. The investment firm sold 961 shares of ADS which is valued $206,634.

Alliance Data Systems Corporation opened for trading at $201.6 and hit $201.99 on the upside on Tuesday, eventually ending the session at $201.53, with a gain of 0.49% or 0.99 points. The heightened volatility saw the trading volume jump to 8,36,132 shares. Company has a market cap of $11,795 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.

Leave a Reply

Alliance Data Systems Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Alliance Data Systems Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.