Brinker Capital INC Lowered Alliance Data (ADS) Position by $4.07 Million

May 18, 2018 - By James Hentges

Alliance Data Systems Corporation (NYSE:ADS) LogoInvestors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 39 investors sold ADS shares while 176 reduced holdings. only 69 funds opened positions while 132 raised stakes. 51.81 million shares or 1.64% more from 50.97 million shares in 2017Q3 were reported. 267,707 were accumulated by Cooke & Bieler Ltd Partnership. Earnest Prns Limited Liability Com holds 0% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 27 shares. Timessquare Cap Mngmt Limited Company reported 560,674 shares or 0.93% of all its holdings. Cardinal Management has invested 0.17% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Evercore Wealth Management Ltd Llc owns 190 shares or 0% of their US portfolio. Benjamin F Edwards And stated it has 549 shares or 0.01% of all its holdings. Eaton Vance Management holds 8,638 shares. 19,795 are held by Acadian Asset Mngmt Limited Liability. Boothbay Fund Ltd Liability Com holds 0.53% or 14,170 shares in its portfolio. First Republic Mngmt invested 0.01% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Canada Pension Plan Board owns 177,384 shares or 0.08% of their US portfolio. Hhr Asset Ltd Com reported 300,901 shares. Blair William & Il accumulated 154,711 shares or 0.27% of the stock. Advantus Capital Mgmt has 0.03% invested in Alliance Data Systems Corporation (NYSE:ADS) for 4,995 shares. Fny Managed Accounts Ltd Liability Corp holds 0.17% or 750 shares.

Since February 16, 2018, it had 1 insider buy, and 2 insider sales for $32.74 million activity. $40.88 million worth of Alliance Data Systems Corporation (NYSE:ADS) was bought by ValueAct Holdings – L.P. on Tuesday, May 8. Another trade for 21,000 shares valued at $5.14 million was sold by HEFFERNAN EDWARD J.

Brinker Capital Inc decreased its stake in Alliance Data (ADS) by 46.88% based on its latest 2017Q4 regulatory filing with the SEC. Brinker Capital Inc sold 16,106 shares as the company’s stock declined 13.04% with the market. The institutional investor held 18,249 shares of the business services company at the end of 2017Q4, valued at $4.63M, down from 34,355 at the end of the previous reported quarter. Brinker Capital Inc who had been investing in Alliance Data for a number of months, seems to be less bullish one the $11.67B market cap company. The stock increased 0.42% or $0.89 during the last trading session, reaching $210.57. About 455,709 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has declined 9.99% since May 18, 2017 and is downtrending. It has underperformed by 21.54% the S&P500.

Brinker Capital Inc, which manages about $16.19 billion and $2.57B US Long portfolio, upped its stake in Vanguard Total (BND) by 53,580 shares to 884,829 shares, valued at $72.18M in 2017Q4, according to the filing. It also increased its holding in Vanguard Total (VTI) by 64,670 shares in the quarter, for a total of 1.72 million shares, and has risen its stake in Ishares Tr (EFA).

Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on July, 19. They expect $4.32 earnings per share, up 20.67 % or $0.74 from last year’s $3.58 per share. ADS’s profit will be $239.34 million for 12.19 P/E if the $4.32 EPS becomes a reality. After $4.10 actual earnings per share reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts 5.37 % EPS growth.

More notable recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Streetinsider.com which released: “ValueAct’s 13F Shows New Stake in SLM Corp (SLM), Confirms Increase in Citi (C), Exits Microsoft (MSFT) (more…)” on May 15, 2018, also Streetinsider.com with their article: “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” published on May 15, 2018, Prnewswire.com published: “Alliance Data To Launch Branded Credit Card Program, Provide Flexible And Frictionless Consumer Financing …” on May 17, 2018. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) were released by: Prnewswire.com and their article: “Alliance Data Provides Card Services Performance Update for April 2018” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking Glenn Greenberg’s Brave Warrior Advisors Portfolio – Q1 2018 Update” with publication date: May 18, 2018.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Among 17 analysts covering Alliance Data Systems (NYSE:ADS), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Alliance Data Systems had 35 analyst reports since November 22, 2017 according to SRatingsIntel. The stock has “Underperform” rating by Oppenheimer on Friday, January 26. BMO Capital Markets maintained the shares of ADS in report on Thursday, January 25 with “Hold” rating. Cowen & Co maintained the stock with “Hold” rating in Thursday, April 5 report. As per Tuesday, April 17, the company rating was maintained by SunTrust. On Monday, April 2 the stock rating was maintained by Wedbush with “Hold”. The firm has “Hold” rating given on Friday, March 9 by Susquehanna. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Hold” rating by Credit Suisse on Tuesday, March 13. Oppenheimer upgraded Alliance Data Systems Corporation (NYSE:ADS) on Thursday, April 19 to “Hold” rating. The rating was maintained by Robert W. Baird on Monday, April 16 with “Hold”. Edward Jones upgraded the stock to “Buy” rating in Friday, January 26 report.

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.