Alliance Data Systems Co. (ADS) Holdings Lessened by Personal Capital Advisors Corp

Acadian Asset Management LLC increased its holdings in shares of Alliance Data Systems by 3,322.7% in the third quarter. Acadian Asset …

Alliance Data Systems logoPersonal Capital Advisors Corp reduced its holdings in Alliance Data Systems Co. (NYSE:ADS) by 24.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,676 shares of the business services provider’s stock after selling 5,583 shares during the quarter. Personal Capital Advisors Corp’s holdings in Alliance Data Systems were worth $2,653,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ADS. FMR LLC increased its holdings in shares of Alliance Data Systems by 45.3% in the second quarter. FMR LLC now owns 2,595,591 shares of the business services provider’s stock worth $605,293,000 after acquiring an additional 809,427 shares in the last quarter. Morgan Stanley increased its holdings in shares of Alliance Data Systems by 116.4% in the third quarter. Morgan Stanley now owns 279,689 shares of the business services provider’s stock worth $66,052,000 after acquiring an additional 150,435 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Alliance Data Systems by 30.2% in the third quarter. Bank of New York Mellon Corp now owns 533,241 shares of the business services provider’s stock worth $125,931,000 after acquiring an additional 123,748 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Alliance Data Systems by 3,322.7% in the third quarter. Acadian Asset Management LLC now owns 110,141 shares of the business services provider’s stock worth $26,008,000 after acquiring an additional 106,923 shares in the last quarter. Finally, NorthCoast Asset Management LLC bought a new stake in shares of Alliance Data Systems in the third quarter worth about $19,164,000. Institutional investors own 91.42% of the company’s stock.

In other news, Director Holdings L.P. Valueact sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 28th. The stock was sold at an average price of $199.10, for a total value of $24,887,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Valueact Capital Master Fund, sold 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 29th. The shares were sold at an average price of $198.60, for a total value of $39,720,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,000,000 shares of company stock valued at $199,607,500. Corporate insiders own 2.60% of the company’s stock.

A number of research analysts recently issued reports on ADS shares. Stephens set a $227.00 price objective on Alliance Data Systems and gave the stock an “equal weight” rating in a report on Tuesday, November 27th. Oppenheimer reiterated a “hold” rating on shares of Alliance Data Systems in a report on Friday, October 19th. Wolfe Research downgraded Alliance Data Systems from an “outperform” rating to a “market perform” rating in a report on Friday, January 4th. BMO Capital Markets upgraded Alliance Data Systems from a “market perform” rating to an “outperform” rating and set a $240.00 price objective for the company in a report on Monday, December 10th. They noted that the move was a valuation call. Finally, ValuEngine downgraded Alliance Data Systems from a “sell” rating to a “strong sell” rating in a report on Thursday, November 1st. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $246.74.

ADS stock opened at $169.69 on Friday. The company has a quick ratio of 2.38, a current ratio of 2.41 and a debt-to-equity ratio of 7.32. The company has a market capitalization of $9.19 billion, a price-to-earnings ratio of 9.28, a P/E/G ratio of 0.58 and a beta of 1.82. Alliance Data Systems Co. has a twelve month low of $142.58 and a twelve month high of $262.75.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, October 18th. The business services provider reported $6.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of $6.19 by $0.07. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.03 billion. Alliance Data Systems had a return on equity of 56.33% and a net margin of 12.11%. The business’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company earned $5.35 earnings per share. On average, research analysts predict that Alliance Data Systems Co. will post 21.53 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.fairfieldcurrent.com/news/2019/01/18/alliance-data-systems-co-ads-holdings-lessened-by-personal-capital-advisors-corp.html.

Alliance Data Systems 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.

Further Reading: The Role of a Fiduciary and Individual Investors

Want to see what other hedge funds are holding ADS?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alliance Data Systems Co. (NYSE:ADS).

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

Receive News & Ratings for Alliance Data Systems Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Alliance Data Systems and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

IBM to Run Vodafone’s Cloud Business, Offer Solutions to Its European Customers

On Thursday morning, IBM also announced it had signed a $325-million agreement with Juniper Networks ( JNPR – Get Report) to help the network …

Morgan Stanley Sinks as Profit Misses Estimates Amid Trading Slump

Morgan Stanley reports earnings per share of 80 cents in the fourth quarter, below analysts’ forecasts of 89 cents.

Bradley Keoun

Jan17,20194:24PMEST

Related Posts:

  • No Related Posts

IBM to Run Vodafone’s Cloud Business, Offer Solutions to Its European Customers

On Thursday morning, IBM also announced it had signed a $325-million agreement with Juniper Networks ( JNPR – Get Report) to help the network …

Morgan Stanley Sinks as Profit Misses Estimates Amid Trading Slump

Morgan Stanley reports earnings per share of 80 cents in the fourth quarter, below analysts’ forecasts of 89 cents.

Bradley Keoun

Jan17,20194:24PMEST

Related Posts:

  • No Related Posts

Fidelity National Financial, Inc. (FNF) Analysts See $0.68 EPS

Daiwa Sb Investments Ltd invested in 0% or 130 shares. Athena … Mitsubishi Ufj & has invested 0.05% in Fidelity National Financial, Inc. (NYSE:FNF).

Related Posts:

  • No Related Posts

Morgan Stanley (NYSE:MS) Position Raised by AQR Capital Management LLC

AQR Capital Management LLC grew its holdings in Morgan Stanley (NYSE:MS) by 64.0% during the third quarter, according to its most recent 13F …

Morgan Stanley logoAQR Capital Management LLC grew its holdings in Morgan Stanley (NYSE:MS) by 64.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 708,876 shares of the financial services provider’s stock after purchasing an additional 276,714 shares during the quarter. AQR Capital Management LLC’s holdings in Morgan Stanley were worth $33,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Westbourne Investment Advisors Inc. grew its stake in shares of Morgan Stanley by 28.3% in the third quarter. Westbourne Investment Advisors Inc. now owns 35,205 shares of the financial services provider’s stock worth $1,639,000 after acquiring an additional 7,770 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Morgan Stanley during the second quarter worth $2,021,000. Regentatlantic Capital LLC grew its stake in shares of Morgan Stanley by 8.8% during the third quarter. Regentatlantic Capital LLC now owns 154,738 shares of the financial services provider’s stock worth $7,206,000 after purchasing an additional 12,562 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Morgan Stanley by 23.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 56,813 shares of the financial services provider’s stock worth $2,693,000 after purchasing an additional 10,807 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in shares of Morgan Stanley by 4.2% during the third quarter. Canada Pension Plan Investment Board now owns 1,633,304 shares of the financial services provider’s stock worth $76,063,000 after purchasing an additional 65,199 shares in the last quarter. 85.06% of the stock is currently owned by institutional investors and hedge funds.

MS has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research note on Monday, November 26th. Vining Sparks reiterated a “buy” rating and set a $60.00 target price on shares of Morgan Stanley in a research note on Tuesday, October 16th. Citigroup upgraded shares of Morgan Stanley from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $50.00 to $48.00 in a research note on Wednesday. Wells Fargo & Co raised shares of Morgan Stanley to a “buy ms” rating in a research report on Thursday, December 20th. Finally, Barclays reduced their price target on shares of Morgan Stanley from $63.00 to $55.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. Morgan Stanley currently has an average rating of “Hold” and a consensus target price of $56.06.

NYSE MS traded up $0.08 during trading hours on Friday, hitting $41.74. 8,181,870 shares of the stock were exchanged, compared to its average volume of 10,779,401. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.67. Morgan Stanley has a 12-month low of $36.74 and a 12-month high of $59.38. The stock has a market capitalization of $71.80 billion, a P/E ratio of 11.59, a P/E/G ratio of 0.69 and a beta of 1.24.

Morgan Stanley (NYSE:MS) last issued its earnings results on Tuesday, October 16th. The financial services provider reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.16. Morgan Stanley had a net margin of 15.93% and a return on equity of 12.51%. The company had revenue of $9.87 billion for the quarter, compared to analyst estimates of $9.55 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities research analysts expect that Morgan Stanley will post 4.87 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This article was originally reported by Fairfield Current and is owned by of Fairfield Current. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://www.fairfieldcurrent.com/news/2019/01/12/aqr-capital-management-llc-grows-position-in-morgan-stanley-ms.html.

Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates Institutional Securities, Wealth Management, and Investment Management segments.

Featured Article: SEC Filing

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

Receive News & Ratings for Morgan Stanley Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Morgan Stanley and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts