Breaking: Alliance Data Systems (NYSE:ADS) “Hold” Rating Reiterated at JMP Securities Today; The Target Price per Share is Set to $270.0000

Alliance Data Systems Corporation (NYSE:ADS) Logo

Investors sentiment decreased to 0.98 in Q2 2018. Its down 0.09, from 1.07 in 2018Q1. It is negative, as 47 investors sold Alliance Data Systems Corporation shares while 154 reduced holdings. 50 funds opened positions while 146 raised stakes. 49.66 million shares or 1.33% less from 50.33 million shares in 2018Q1 were reported.

Riverhead Cap Mgmt Ltd Liability reported 11,734 shares stake. The Ohio-based Strs Ohio has invested 0.04% in Alliance Data Systems Corporation (NYSE:ADS). Blackrock invested 0.03% in Alliance Data Systems Corporation (NYSE:ADS). Sterling Management Limited Company holds 0.01% or 2,710 shares in its portfolio. Creative Planning holds 1,879 shares. Prelude Capital Management Limited Liability stated it has 0.03% in Alliance Data Systems Corporation (NYSE:ADS). Mirae Asset Limited holds 0.01% or 3,944 shares. Aurora Counsel owns 10,194 shares. Sumitomo Mitsui Asset Company has invested 0.01% in Alliance Data Systems Corporation (NYSE:ADS). Retail Bank Of America Corporation De holds 0% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 117,185 shares. Court Place Advisors Llc reported 1.29% in Alliance Data Systems Corporation (NYSE:ADS). 111,926 were reported by Van Den Berg Management I. Vanguard Gru accumulated 4.94M shares or 0.05% of the stock. 6,000 were reported by Icon Advisers Inc. 53,717 are owned by Prudential Fincl.

Since July 24, 2018, it had 0 insider buys, and 3 sales for $139.52 million activity. ValueAct Holdings – L.P. had sold 675,000 shares worth $135.00 million. HORN CHARLES L had sold 16,035 shares worth $3.73M on Tuesday, July 24.

Alliance Data Systems (NYSE:ADS) Rating Reaffirmed

The financial firm has just set a price target of $270.0000 on Alliance Data Systems (NYSE:ADS) shares. This is 34.76 % from the last stock close price. In a research note issued on Tuesday, 27 November, JMP Securities reaffirmed their “Hold” rating on shares of ADS.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Among 8 analysts covering Alliance Data Systems (NYSE:ADS), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Alliance Data Systems has $290 highest and $22700 lowest target. $262.57’s average target is 31.05% above currents $200.36 stock price. Alliance Data Systems had 9 analyst reports since June 18, 2018 according to SRatingsIntel. On Tuesday, August 14 the stock rating was upgraded by JP Morgan to “Overweight”. The firm has “Outperform” rating by Wells Fargo given on Friday, October 19. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Hold” rating by JMP Securities on Tuesday, November 27. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Outperform” rating by Robert W. Baird on Monday, June 18. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Hold” rating given on Tuesday, November 27 by Stephens. On Monday, September 17 the stock rating was downgraded by Stephens to “Equal-Weight”. The stock has “Buy” rating by Jefferies on Tuesday, August 7.

The stock increased 1.86% or $3.66 during the last trading session, reaching $200.36. About 657,688 shares traded or 25.45% up from the average. Alliance Data Systems Corporation (NYSE:ADS) has risen 9.90% since December 2, 2017 and is uptrending. It has underperformed by 5.72% the S&P500.

Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on January, 24. They expect $6.86 earnings per share, up 12.46 % or $0.76 from last year’s $6.1 per share. ADS’s profit will be $373.68 million for 7.30 P/E if the $6.86 EPS becomes a reality. After $6.01 actual earnings per share reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts 14.14 % EPS growth.

Alliance Data Systems Corporation provides marketing and loyalty solutions in the United States and internationally. The company has market cap of $10.91 billion. It facilitates and manages interactions between its clients and their clients through consumer marketing channels, including in-store, online, email, social media, mobile, direct mail, and telephone. It has a 11.7 P/E ratio. The companyÂ’s LoyaltyOne segment owns and operates the AIR MILES Reward Program and BrandLoyalty program that are coalition and short-term loyalty programs.

More notable recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Fool.com which released: “Google Announces Major Ad Partnership With Disney – The Motley Fool” on November 28, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For November 15, 2018 – Benzinga” published on November 15, 2018, Streetinsider.com published: “Valueact’s 13F’s Shows New Stakes in Dentsply (XRAY), Hawaiian Electric (HE), Symantec (SYMC), Increase in Citi (C) (More…) – StreetInsider.com” on November 14, 2018. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) were released by: Seekingalpha.com and their article: “Tracking Allan Mecham’s Arlington Value Capital Portfolio – Q3 2018 Update – Seeking Alpha” published on November 15, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon pushes hard in online ads – Seeking Alpha” with publication date: November 27, 2018.

Alliance Data Systems Corporation (NYSE:ADS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.