Alliance Data Systems Corporation (NYSE:ADS) Reports Decline in Sellers; Strong Momentum for Longs

June 20, 2017 - By Ellis Scott

 Alliance Data Systems Corporation (NYSE:ADS) Reports Decline in Sellers; Strong Momentum for Longs

Investors sentiment decreased to 0.76 in Q4 2016. Its down 0.15, from 0.91 in 2016Q3. It fall, as 40 investors sold Alliance Data Systems Corporation shares while 196 reduced holdings. 55 funds opened positions while 124 raised stakes. 53.34 million shares or 1.20% more from 52.71 million shares in 2016Q3 were reported.
Thrivent Fincl For Lutherans invested in 0.52% or 510,215 shares. Pnc Group Incorporated has invested 0% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Joel Isaacson Limited Liability Com holds 350 shares. Neuberger Berman Limited Liability Corporation holds 447,902 shares. Logan Cap Mgmt Inc holds 46,654 shares or 0.86% of its portfolio. Gulf Fincl Bank (Uk) stated it has 0.07% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Atlanta Capital Mngmt L L C accumulated 105,204 shares. Ep Wealth Advsr stated it has 0.05% in Alliance Data Systems Corporation (NYSE:ADS). Sterling holds 0.5% or 243,502 shares. Westfield Cap Management L P owns 0.2% invested in Alliance Data Systems Corporation (NYSE:ADS) for 102,192 shares. Maryland-based Calvert Mgmt has invested 0.03% in Alliance Data Systems Corporation (NYSE:ADS). Middleton And Ma holds 0.31% or 6,085 shares. King Luther Cap Corporation reported 351,513 shares. Canada Pension Plan Invest Board holds 0.09% or 110,985 shares. Brown Brothers Harriman & Communications invested in 0% or 235 shares.

Since January 23, 2017, it had 2 insider purchases, and 1 insider sale for $60.37 million activity. On Tuesday, February 7 the insider BALLOU ROGER H sold $146,261. ValueAct Holdings – L.P. had bought 210,100 shares worth $47.98M.

The stock of Alliance Data Systems Corporation (NYSE:ADS) registered a decrease of 6.32% in short interest. ADS’s total short interest was 3.00 million shares in June as published by FINRA. Its down 6.32% from 3.20 million shares, reported previously. With 647,500 shares average volume, it will take short sellers 5 days to cover their ADS’s short positions. The short interest to Alliance Data Systems Corporation’s float is 6.18%.

It closed at $257.41 lastly. It is down 14.47% since June 20, 2016 and is uptrending. It has underperformed by 2.23% 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 market cap of $14.47 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 34.06 P/E ratio.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Among 26 analysts covering Alliance Data Systems (NYSE:ADS), 14 have Buy rating, 3 Sell and 9 Hold. Therefore 54% are positive. Alliance Data Systems had 39 analyst reports since August 9, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, September 30 by Cowen & Co. Credit Suisse downgraded it to “Underperform” rating and $290 target in Wednesday, August 17 report. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, July 22. Wedbush initiated the shares of ADS in report on Friday, September 9 with “Neutral” rating. The stock has “Buy” rating by Sterne Agee CRT on Thursday, December 17. On Friday, December 9 the stock rating was downgraded by JP Morgan to “Neutral”. As per Thursday, May 25, the company rating was upgraded by Compass Point. Credit Suisse maintained Alliance Data Systems Corporation (NYSE:ADS) on Tuesday, April 19 with “Neutral” rating. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Neutral” rating given on Friday, December 11 by Credit Suisse. The company was downgraded on Thursday, January 26 by Raymond James.

More notable recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Prnewswire.com which released: “Alliance Data To Participate At The 2017 RBC Capital Markets Financial …” on June 13, 2017, also Seekingalpha.com with their article: “Alliance Data Systems – It May Be Expensive, But There’s No Smoking Gun” published on November 03, 2016, Nasdaq.com published: “Alliance Data (ADS) Down 9.8% Since Earnings Report: Can It Rebound?” on May 23, 2017. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) were released by: Prnewswire.com and their article: “Alliance Data Reports Full-Year 2016 Results” published on January 26, 2017 as well as Barrons.com‘s news article titled: “The Hot Stock: Alliance Data Systems Jumps 8.3%” with publication date: April 20, 2017.

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