How Sterne Agee CRT Currently Rates Alliance Data (NYSE:ADS)
The broker Sterne Agee CRT has started coverage on Alliance Data (NYSE:ADS)’s stock, rating it “Buy”. This was issued in a very recent research note on Thursday, 17 December.
From a total of 22 analysts covering Alliance Data Systems (NYSE:ADS) stock, 19 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 86% of the ratings are positive. The highest target price is $400 while the lowest target price is $305. The mean of all analyst targets is $335.82 with a 18.28% above today’s ($272.41) stock price. Alliance Data Systems was the topic of 8 analyst reports since August 9, 2015 according to the firm StockzIntelligence Inc. Credit Suisse initiated shares on December 11 with “Neutral” rating. Deutsche Bank maintained shares with “Buy” rating and $341 target share price in a report from an August 9. Cowen & Co initiated ADS stock in a recent report from September 30 with “Outperform” rating. Finally, Stifel Nicolaus upgraded the stock to “Buy” rating in a report issued on an August 20.
Approximately 73,640 shares of stock traded hands. Alliance Data Systems Corporation (NYSE:ADS) has declined 8.53% since May 14, 2015 and is downtrending. It has underperformed by 6.27% the S&P500.
The overall sentiment of institutions has increased to 1.09 in Q2 2015. Its up 0.26, from 0.83 in 2015Q2. The ratio increased, as 52 institutions have sold all the shares of Alliance Data Systems Corporation that they owned while 164 funds have taken shares off the table. 62 funds have purchased shares for the first time while 173 added to their positions. These institutions now hold 67.81 million shares or 17.07% more than the 57.93 million shares they owned in 2015Q2.
The Fund Cryder Capital Partners Llp currently is holding shares equating to 11.22% of its total portfolio in Alliance Data Systems Corporation representing a total of 67,054 shares. Another fund,Smith Thomas W, is holding a total of 47,950 shares equating to 10.49% of their holdings. Additionally, Muhlenkamp & Co Inc has a 121,235 share stake in Alliance Data Systems Corporation which represents 9.22% of their total portfolio. The Fund, Amiya Capital Llp, based out of United Kingdom, has also built up a stake in the stock, which represents a total of 6.11% of their total portfolio. Finally Prescott General Partners Llc, a fund which is based in the state of Florida reported a total holdings of 282,370 shares.
Insider activity is a very important aspect to track on any stock. Going back to April 22, 2015, shareholders of Alliance Data Systems Corporation have witnessed 0 insider buys, and a total of 1 insider sale equating to a net activity of approximately $339,456 . Ballou Roger H sold 1,250 shares worth approximately $339,456. Anderson Bruce K sold 835 shares worth approximately $249,665. Pearson Bryan A sold 4,000 shares worth approximately $1.24M. Santillan Laura sold 3,706 shares worth approximately $1.15M. The company insider Epperson Leigh Ann K sold 1,168 shares worth $350,435.
Alliance Data Systems Corporation is a well-known provider of data-driven marketing and loyalty solutions serving consumer businesses in a variety of industries. The company has a market cap of $16.56 billion. The Firm operates through three divisions: LoyaltyOne, which includes the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides direct marketing solutions, and Private Label Services and Credit, 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. It has 35.83 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.”