November 23, 2016 - By Hazel Jackson
It was made public in an electronic document that was submitted to the SEC that Bryan Kennedy, who works for Alliance Data Systems Corp, and serves as EVP & President – Epsilon performed an insider trade on 23-11-2016. He made a sale of 10,872 shares of the Pinksheet-listed Alliance Data Systems Corp totalled based on $225.9 U.S. Dollars of a share. According to the electronic document available online, the aggregate amount of the trade was $2,456,173 U.S. Dollars. Now, Bryan Kennedy owns 117,261 shares which are roughly 0.20% of the company’s total market cap.
Out of 23 analysts covering Alliance Data Systems (NYSE:ADS), 15 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 65% are positive. $360 is the highest target while $20 is the lowest. The $267.06 average target is 14.47% above today’s ($233.3) stock price. Alliance Data Systems has been the topic of 31 analyst reports since August 9, 2015 according to StockzIntelligence Inc. The company was upgraded on Thursday, September 17 by Zacks. Stifel Nicolaus upgraded Alliance Data Systems Corporation (NYSE:ADS) rating on Thursday, August 20. Stifel Nicolaus has “Buy” rating and $330 price target. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Overweight” rating by Atlantic Securities on Wednesday, October 5. Susquehanna initiated the shares of ADS in a report on Tuesday, April 26 with “Neutral” rating. Pacific Crest downgraded Alliance Data Systems Corporation (NYSE:ADS) on Monday, September 26 to “Sector Weight” rating. Compass Point initiated Alliance Data Systems Corporation (NYSE:ADS) rating on Friday, November 4. Compass Point has “Sell” rating and $168 price target. Credit Suisse downgraded the stock to “Underperform” rating in Wednesday, August 17 report. Piper Jaffray upgraded the stock to “Overweight” rating in Wednesday, November 25 report. RBC Capital Markets maintained it with “Outperform” rating and $287 target price in Friday, January 29 report. Guggenheim initiated Alliance Data Systems Corporation (NYSE:ADS) on Thursday, November 17 with “Buy” rating.
Insitutional Activity: The institutional sentiment increased to 0.91 in Q2 2016. Its up 0.04, from 0.87 in 2016Q1. The ratio improved, as 68 funds sold all Alliance Data Systems Corporation shares owned while 172 reduced positions. 60 funds bought stakes while 149 increased positions. They now own 52.14 million shares or 5.27% less from 55.04 million shares in 2016Q1.
Euclid Advsr Lc holds 2,461 shares or 0.02% of its portfolio. Qci Asset has 45 shares for 0% of their US portfolio. The Michigan-based Plante Moran Advsrs Ltd has invested 0.02% in Alliance Data Systems Corporation (NYSE:ADS). Verition Fund Limited owns 1,128 shares or 0.03% of their US portfolio. Evercore Wealth Mngmt Ltd Llc last reported 190 shares in the company. Stratos Wealth Prtn Ltd accumulated 4,755 shares or 0.07% of the stock. Wealthcare Cap Management Limited Liability Com has 270 shares for 0.01% of their US portfolio. Crosslink Cap last reported 4.55% of its portfolio in the stock. Price T Rowe Associate Inc Md reported 159,592 shares or 0.01% of all its holdings. Excalibur Mgmt Corp accumulated 0.18% or 1,060 shares. Stonebridge Cap Management Inc owns 1,830 shares or 0.16% of their US portfolio. Nomura Asset Management Limited has invested 0.03% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Jane Street Group Ltd Llc has 0% invested in the company for 1,292 shares. Massmutual Trust Fsb Adv holds 2 shares or 0% of its portfolio. Advisory Serv Networks Ltd Liability Corporation accumulated 0% or 59 shares.
Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 2 selling transactions for $3.39 million net activity. ANDERSON BRUCE K had sold 354 shares worth $78,482 on Wednesday, June 1. $3.31M worth of Alliance Data Systems Corporation (NYSE:ADS) was sold by HEFFERNAN EDWARD J.
About 723,214 shares traded hands or 10.26% up from the average. Alliance Data Systems Corporation (NYSE:ADS) has risen 15.06% since April 21, 2016 and is uptrending. It has outperformed by 9.73% the S&P500.
Alliance Data Systems Corporation is a well-known provider of data-driven marketing and loyalty solutions serving consumer businesses in a range of industries. The company has a market cap of $13.84 billion. The Firm 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. It has a 24.78 P/E ratio.
According to Zacks Investment Research, “Alliance Data Systems Corporation is a leading provider of transaction services, credit services and marketing services to retail companies in North America. They focus on facilitating and managing electronic transactions between clients and their customers through multiple distribution channels including in-store, catalog and the Internet. Their credit and marketing services assist clients in identifying and acquiring new customers, as well as helping to increase the loyalty and profitability of their existing customers.”
Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on January, 26. They expect $4.41 EPS, up 13.95% or $0.54 from last year’s $3.87 per share. ADS’s profit will be $261.61M for 13.23 P/E if the $4.41 EPS becomes a reality. After $4.54 actual EPS reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts -2.86% negative EPS growth.
More important recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Prnewswire.com which released: “Alliance Data Systems Corporation Announces Proposed Offering of $400 Million ..” on October 24, 2016, also Valuewalk.com published article titled: “Alliance Data Systems Corporation (ADS) – Citron Short Thesis”, Prnewswire.com published: “Alliance Data’s Card Services Business Extends Instant Issuance Capability To ..” on September 14, 2016. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) was released by: Reuters.com and their article: “BRIEF-Alliance Data Systems corporation announces proposed offering of $40..” with publication date: October 24, 2016.
Alliance Data Systems Corporation, incorporated on February 23, 1995, is a well-known provider of data-driven marketing and loyalty solutions serving consumer businesses in a range of industries. The Firm 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 Firm operates through three divisions: LoyaltyOne, which provides coalition and short-term loyalty programs through the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides end-to-end, integrated marketing solutions, and Card Services, 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’s 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.
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