Cerebellum GP LLC Boosts Stake in Alliance Data Systems Co. (NYSE:ADS)

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Cerebellum GP LLC grew its position in shares of Alliance Data Systems Co. (NYSE:ADS) by 43.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,032 shares of the business services provider’s stock after acquiring an additional 1,533 shares during the period. Cerebellum GP LLC’s holdings in Alliance Data Systems were worth $565,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ADS. Whitnell & Co. purchased a new position in shares of Alliance Data Systems during the 3rd quarter worth approximately $36,000. Rational Advisors LLC grew its holdings in shares of Alliance Data Systems by 83.4% during the 3rd quarter. Rational Advisors LLC now owns 310 shares of the business services provider’s stock worth $40,000 after acquiring an additional 141 shares during the period. Accurate Investment Solutions Inc. purchased a new position in shares of Alliance Data Systems during the 4th quarter worth approximately $40,000. CSat Investment Advisory L.P. grew its holdings in shares of Alliance Data Systems by 92.1% during the 2nd quarter. CSat Investment Advisory L.P. now owns 436 shares of the business services provider’s stock worth $61,000 after acquiring an additional 209 shares during the period. Finally, Usca Ria LLC purchased a new position in shares of Alliance Data Systems during the 3rd quarter worth approximately $62,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

A number of research analysts have weighed in on the company. Wolfe Research set a $125.00 target price on Alliance Data Systems and gave the stock a “hold” rating in a report on Friday, October 25th. JMP Securities reduced their target price on Alliance Data Systems from $178.00 to $125.00 and set a “market outperform” rating on the stock in a report on Friday, October 25th. Argus downgraded Alliance Data Systems from a “buy” rating to a “hold” rating in a report on Tuesday. Bank of America assumed coverage on Alliance Data Systems in a report on Monday, December 2nd. They set a “neutral” rating and a $111.00 target price on the stock. Finally, Royal Bank of Canada set a $121.00 target price on Alliance Data Systems and gave the stock a “buy” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $142.64.

In related news, major shareholder Holdings L.P. Valueact sold 2,000,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $101.50, for a total value of $203,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Valueact Capital Master Fund, sold 960,007 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $16.43, for a total value of $15,772,915.01. Insiders own 2.80% of the company’s stock.

Shares of ADS opened at $113.18 on Thursday. The company has a quick ratio of 2.08, a current ratio of 2.10 and a debt-to-equity ratio of 8.91. The business’s 50 day moving average price is $109.30 and its 200-day moving average price is $124.91. Alliance Data Systems Co. has a 52 week low of $99.20 and a 52 week high of $182.95. The stock has a market cap of $5.17 billion, a P/E ratio of 5.25, a P/E/G ratio of 0.42 and a beta of 1.67.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings results on Thursday, October 24th. The business services provider reported $5.05 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.03). Alliance Data Systems had a return on equity of 47.40% and a net margin of 7.54%. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the firm earned $5.37 earnings per share. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. On average, equities analysts anticipate that Alliance Data Systems Co. will post 16.43 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Thursday, November 14th were given a $0.63 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.23%. Alliance Data Systems’s dividend payout ratio is currently 11.69%.

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.

Read More: Quiet Period

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Institutional Ownership by Quarter for Alliance Data Systems (NYSE:ADS)

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