Short Interest Reporting: Alliance Data Systems Corporation (NYSE:ADS) Shorted Shares Increased By 3.7%

November 23, 2016 - By Darrin Black   ·   0 Comments

Short Interest Reporting: Alliance Data Systems Corporation (NYSE:ADS) Shorted Shares Increased By 3.7%

The stock of Alliance Data Systems Corporation (NYSE:ADS) registered an increase of 3.7% in short interest. ADS’s total short interest was 3.49 million shares in November as published by FINRA. Its up 3.7% from 3.36M shares, reported previously. With 766,100 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 6.73%. The stock closed at $233.12 during the last session. It is down 15.06% since April 21, 2016 and is uptrending. It has outperformed by 9.73% 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 a market cap of $13.73 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 24.58 P/E ratio.

Insitutional Activity: The institutional sentiment increased to 0.91 in Q2 2016. Its up 0.04, from 0.87 in 2016Q1. The ratio increased, as 68 funds sold all Alliance Data Systems Corporation shares owned while 172 reduced positions. 60 funds bought stakes while 149 increased positions. They now own 52.14 million shares or 5.27% less from 55.04 million shares in 2016Q1.
The Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.16% in Alliance Data Systems Corporation (NYSE:ADS). Aperio Grp Ltd Co holds 20,504 shares or 0.03% of its portfolio. Van Den Berg Mgmt I holds 0.98% or 38,761 shares in its portfolio. Hilltop Inc holds 0.09% or 1,374 shares in its portfolio. Nomura Asset Management Limited last reported 7,013 shares in the company. Pacad Limited owns 1,500 shares or 0.04% of their US portfolio. Rhumbline Advisers holds 0.05% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 93,375 shares. Evercore Wealth Ltd Limited Liability Company reported 190 shares or 0% of all its holdings. Clearbridge Invests Limited holds 0.05% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 209,684 shares. Invesco holds 0.03% or 424,122 shares in its portfolio. Associated Banc last reported 0.09% of its portfolio in the stock. Sumitomo Mitsui Tru Hldgs last reported 0.07% of its portfolio in the stock. Hsbc Public Limited Liability Co last reported 21,497 shares in the company. Decatur Capital Mgmt accumulated 13,504 shares or 0.36% of the stock. Moreover, Quest Mngmt Or has 0.82% invested in Alliance Data Systems Corporation (NYSE:ADS) for 30,780 shares.

Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 2 selling transactions for $3.39 million net activity. HEFFERNAN EDWARD J also sold $3.31M worth of Alliance Data Systems Corporation (NYSE:ADS) on Friday, November 18. 354 Alliance Data Systems Corporation (NYSE:ADS) shares with value of $78,482 were sold by ANDERSON BRUCE K.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Out of 23 analysts covering Alliance Data Systems (NYSE:ADS), 15 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 65% are positive. Alliance Data Systems has been the topic of 31 analyst reports since August 9, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, January 29 report. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Market Perform” rating by BMO Capital Markets on Friday, July 22. On Thursday, November 17 the stock rating was initiated by Guggenheim with “Buy”. The firm has “Buy” rating by Deutsche Bank given on Sunday, August 9. The stock has “Hold” rating given by Stifel Nicolaus on Monday, July 18. As per Friday, September 9, the company rating was initiated by Wedbush. Jefferies initiated the shares of ADS in a report on Friday, February 12 with “Buy” rating. The company was downgraded on Monday, September 26 by Pacific Crest. Compass Point initiated the shares of ADS in a report on Friday, November 4 with “Sell” rating. The firm has “Neutral” rating given on Tuesday, April 19 by Credit Suisse.

ADS Company Profile

Alliance Data Systems Corporation, incorporated on February 23, 1995, is a well-known provider of data-driven marketing and loyalty solutions serving consumer businesses in a range of industries. 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. The Firm operates through three divisions: LoyaltyOne, which provides coalition and short-term loyalty programs through the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides end-to-end, integrated marketing solutions, and Card Services, 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. The Company’s client base is diversified across a range of end-markets, including financial services, specialty retail, grocery and drugstore chains, petroleum retail, automotive, hospitality and travel, telecommunications, insurance and healthcare.

More recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Prnewswire.com which released: “Alliance Data Systems Corporation Announces Proposed Offering of $400 Million …” on October 24, 2016. Also Valuewalk.com published the news titled: “Alliance Data Systems Corporation (ADS) – Citron Short Thesis” on August 19, 2016. Prnewswire.com‘s news article titled: “Alliance Data’s Card Services Business Extends Instant Issuance Capability To …” with publication date: September 14, 2016 was also an interesting one.

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By Darrin Black


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