Shares last traded at $260.27 which is slightly above $246.61, the 50 day moving average and slightly over the 200 day moving average of $241.75. The 50 day moving average went up by +5.54% whereas the 200 day average was up by +7.66%. (NYSE:ADS) shares saw light trading volume with 457K shares changing hands by the end of trading on Thursday. Shares saw a steep decrease in trading volume of 46.73% under the normal average daily volume.
There has been some buying and selling insider activity on Alliance Data Systems Corporati (NYSE:ADS) recently. Roger H. Ballou, Director reported the sale of 648 shares of (ADS). The shares were purchased at an average price of $225.71. The Director now owns $2,452,339 of the stock according to the SEC filing. EVP & President, Epsilon Bryan J. Kennedy purchased 238 shares at an average price of $231.11 on December 16th. That brings Kennedy’s holdings to $27,016,569 as reported to the SEC.
Charles L. Horn, EVP disclosed the sale of 1,290 shares of ADS stock. The shares were sold on November 25th for an average price of $234.53. Horn now owns $6,520,169 of the stock per the Form 4 SEC filing.
Here are a few other firms who have also updated their positions. Phh Investments, Ltd. trimmed its stake by shedding 14 shares a decrease of 0.3% as of 03/31/2017. Phh Investments, Ltd. controls 4,900 shares valued at $1,220,000. The value of the position overall is up by 12.0%. Hm Payson & Co cut its ownership by selling 6,388 shares a decrease of 29.9%. Hm Payson & Co currently owns 15,010 shares with a value of $3,737,000. The total value of its holdings decreased 23.6%.
As of quarter end Proficio Capital Partners LLC had acquired 3 shares growing its position 37.5%. The value of the investment in (ADS) went from $2,000 to $3,000 increasing 50.0% for the reporting period. Fny Partners Fund Lp added to its holdings by buying 326 shares an increase of 163.0% in the quarter. Fny Partners Fund Lp now controls 526 shares worth $130,000. The total value of its holdings increased 182.6%.
On December 9, 2016 the stock rating was changed to a “Neutral” by JP Morgan down from the previous “Overweight” rating. On November 17 analysts at Guggenheim initiated coverage with an initial rating of “Buy”.
On October 5, 2016 Atlantic Equities initiated coverage on the stock with a rating of “Overweight”. On September 26 the company was set at “Sector Weight” according to a Pacific Crest report which was a cut from the previous “Overweight” rating.
Wedbush began coverage giving it an initial rating of “Neutral” and projecting a price target of $225.00. August 19 investment analysts at Credit Suisse held the stock rating at “Underperform” and lowered the price expectation to $161.00 from $290.00.
The company is so far trading up by 0.37% since yesterday’s close of $259.32. Alliance Data Systems Corporati announced a dividend paid on Monday June 19th, 2017. The dividend was $0.520 per share for the quarter which comes to $2.08 on an annualized basis. This dividend amount was represent a yeild of $0.81. The ex-dividend date was Thursday the 11th of May 2017.
The P/E ratio is 34.55 and the market cap is 14.49B. In the latest earnings report the EPS was $7.53 and is projected to be $18.53 for the current year with 55,675,000 shares outstanding. Analysts expect next quarter’s EPS to be $5.43 with next year’s EPS projected to be $21.37.
Alliance Data Systems Corporation, launched on February 23, 1995, is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. 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. The Company operates through three segments: LoyaltyOne, which provides coalition and short-term loyalty programs through the Business’s Canadian AIR MILES Reward Program and BrandLoyalty Group B.V. (BrandLoyalty); Epsilon, which provides end-to-end, integrated direct marketing solutions, and Card Services, which provides risk management solutions, account origination, funding, transaction processing, customer care, collections and marketing services for the Business’s private label and co-brand retail credit card programs. Its client base is diversified across a range of end-markets, including financial services, specialty retail, grocery and drugstore chains, petroleum retail, automotive, hospitality and travel, telecommunications, insurance and healthcare..