Alliance Data Systems Corp (ADS) Position Upped by Brave Warrior Advisors Llc

January 21, 2018 - By Richard Conner

Investors sentiment increased to 0.93 in Q3 2017. Its up 0.08, from 0.85 in 2017Q2. It increased, as 46 investors sold ADS shares while 163 reduced holdings. 48 funds opened positions while 146 raised stakes. 50.97 million shares or 2.32% less from 52.18 million shares in 2017Q2 were reported. Moreover, Shine Inv Advisory Svcs Inc has 0.02% invested in Alliance Data Systems Corporation (NYSE:ADS) for 203 shares. Liberty Mutual Group Asset Mgmt holds 0.03% in Alliance Data Systems Corporation (NYSE:ADS) or 2,255 shares. Arizona State Retirement System reported 0.05% stake. 25,981 are owned by Pictet Asset Ltd. Nebraska-based Cls Invests Ltd Liability Co has invested 0% in Alliance Data Systems Corporation (NYSE:ADS). Moreover, Thompson Davis And Co Inc has 0.04% invested in Alliance Data Systems Corporation (NYSE:ADS) for 107 shares. D E Shaw & Incorporated invested 0.01% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Timessquare Cap Mgmt Ltd Co holds 645,664 shares or 0.96% of its portfolio. Highbridge Cap Mgmt Limited stated it has 0.01% in Alliance Data Systems Corporation (NYSE:ADS). Pennsylvania-based Citizens And Northern Corporation has invested 1.13% in Alliance Data Systems Corporation (NYSE:ADS). Fmr Ltd stated it has 0.04% in Alliance Data Systems Corporation (NYSE:ADS). Sumitomo Mitsui Trust Hldgs Incorporated has invested 0.05% in Alliance Data Systems Corporation (NYSE:ADS). Pinebridge Investments Limited Partnership invested in 0% or 175 shares. Raymond James Associates stated it has 15,239 shares or 0.01% of all its holdings. Natl Bank Of Montreal Can has invested 0.1% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS).

Glenn Greenberg increased its stake in Alliance Data Systems Corp (ADS) by 47.97% based on its latest 2017Q3 regulatory filing with the SEC. Brave Warrior Advisors Llc bought 450,294 shares as the company’s stock rose 0.06% with the market. The hedge fund run by Glenn Greenberg held 1.39 million shares of the business services company at the end of 2017Q3, valued at $307.73 million, up from 938,698 at the end of the previous reported quarter. Brave Warrior Advisors Llc who had been investing in Alliance Data Systems Corp for a number of months, seems to be bullish on the $14.47 billion market cap company. The stock increased 2.30% or $5.88 during the last trading session, reaching $261.82. About 692,298 shares traded or 34.67% up from the average. Alliance Data Systems Corporation (NYSE:ADS) has risen 14.47% since January 21, 2017 and is uptrending. It has underperformed by 2.23% the S&P500.

Brave Warrior Advisors Llc, which manages about $2.80 billion and $2.07B US Long portfolio, decreased its stake in Schwab Charles Corp New (NYSE:SCHW) by 159,283 shares to 7.14M shares, valued at $312.44M in 2017Q3, according to the filing. It also reduced its holding in Antero Res Corp (NYSE:AR) by 287,024 shares in the quarter, leaving it with 11.17M shares, and cut its stake in Brookfield Asset Mgmt Inc (NYSE:BAM).

More important recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Gurufocus.com which released: “Courant Investment Management LLC Buys Alliance Data Systems Corp, Axalta …” on January 18, 2018, also Streetinsider.com published article titled: “Form 8-K ALLIANCE DATA SYSTEMS For: Jan 18”, Seekingalpha.com published: “Alliance Data Systems: Mr. Market Is Too Pessimistic” on January 13, 2018. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) was released by: Zacks.com and their article: “Should Value Investors Consider Alliance Data Systems (ADS)?” with publication date: January 18, 2018.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Among 32 analysts covering Alliance Data Systems (NYSE:ADS), 18 have Buy rating, 3 Sell and 11 Hold. Therefore 56% are positive. Alliance Data Systems had 74 analyst reports since August 9, 2015 according to SRatingsIntel. As per Friday, August 14, the company rating was upgraded by JP Morgan. The rating was maintained by BMO Capital Markets on Monday, October 16 with “Hold”. The firm earned “Overweight” rating on Wednesday, October 5 by Atlantic Securities. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. Cowen & Co maintained the shares of ADS in report on Friday, January 12 with “Buy” rating. Credit Suisse downgraded Alliance Data Systems Corporation (NYSE:ADS) rating on Wednesday, August 17. Credit Suisse has “Underperform” rating and $290 target. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Overweight” rating by Barclays Capital on Wednesday, January 3. The company was maintained on Friday, January 29 by RBC Capital Markets. The rating was maintained by Cowen & Co with “Buy” on Friday, September 15. The firm has “Sell” rating by Oppenheimer given on Thursday, July 20.

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