As Alliance Data Systems (ADS) Valuation Declined, Oak Associates LTD Has Raised by $389020 …



July 13, 2018 – By Joe Cepeda

Alliance Data Systems Corporation (NYSE:ADS) Logo

Oak Associates Ltd increased its stake in Alliance Data Systems Corp (ADS) by 3.69% based on its latest 2018Q1 regulatory filing with the SEC. Oak Associates Ltd bought 1,835 shares as the company’s stock declined 13.24% with the market. The institutional investor held 51,525 shares of the business services company at the end of 2018Q1, valued at $10.97M, up from 49,690 at the end of the previous reported quarter. Oak Associates Ltd who had been investing in Alliance Data Systems Corp for a number of months, seems to be bullish on the $13.43 billion market cap company. The stock decreased 0.73% or $1.78 during the last trading session, reaching $242.38. About 123,624 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has declined 13.23% since July 13, 2017 and is downtrending. It has underperformed by 25.80% the S&P500. Some Historical ADS News: 19/03/2018 – Brands Must Show Loyalty To Earn Loyalty, According To Alliance Data’s New Consumer Study, ‘The Rules Of NextGen Loyalty’

Gregg J. Powers decreased its stake in Verizon Communications (VZ) by 24.75% based on its latest 2018Q1 regulatory filing with the SEC. Private Bank & Trust Co sold 8,135 shares as the company’s stock declined 1.16% with the market. The hedge fund run by Gregg J. Powers held 24,740 shares of the telecommunications equipment company at the end of 2018Q1, valued at $1.18 million, down from 32,875 at the end of the previous reported quarter. Private Bank & Trust Co who had been investing in Verizon Communications for a number of months, seems to be less bullish one the $211.02B market cap company. The stock decreased 0.33% or $0.17 during the last trading session, reaching $51.07. About 3.41M shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 7.08% since July 13, 2017 and is uptrending. It has underperformed by 5.49% the S&P500. Some Historical VZ News: 13/03/2018 – Cal EMA Spills: SPILL Report – Verizon Wireless – 03/13/2018 01:49 PM; 16/05/2018 – VERIZON CFO: 5G WILL BE A STEADY REVENUE STREAM BY 2020; 23/04/2018 – Tech Today: An eSim Conspiracy? Defending Verizon, Cheering Okta — Barron’s Blog; 14/05/2018 – VERIZON CTO: 5G `MILLIMETER’ BAND PHONES COMING SOON; 11/05/2018 – Verizon to speak at MoffettNathanson conference May 14; 20/04/2018 – US said to investigate AT&T and Verizon over wireless collusion claim, The New York Times reports; 07/05/2018 – VERIZON FILES FOR $730M 5.32% NOTES DUE 2053 VIA BNPP, DB; 23/04/2018 – iPhone Blog: AT&T, Verizon investigated for eSIM antitrust after complaint by Apple; 06/03/2018 – LAUNCH: Verizon $1.182b+ Device Payment Plan ABS; 12/03/2018 – Data breach victims can sue Yahoo in the United States -judge

Among 35 analysts covering Alliance Data Systems (NYSE:ADS), 19 have Buy rating, 2 Sell and 14 Hold. Therefore 54% are positive. Alliance Data Systems had 99 analyst reports since August 9, 2015 according to SRatingsIntel. The company was maintained on Tuesday, April 19 by Credit Suisse. Jefferies initiated Alliance Data Systems Corporation (NYSE:ADS) on Friday, February 12 with “Buy” rating. The firm earned “Buy” rating on Friday, January 12 by Cowen & Co. Compass Point initiated the shares of ADS in report on Friday, November 4 with “Sell” rating. Robert W. Baird maintained the stock with “Hold” rating in Monday, January 8 report. The stock has “Hold” rating by Oppenheimer on Thursday, April 19. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Hold” rating by Cowen & Co on Monday, January 29. The firm has “Hold” rating given on Thursday, April 19 by Cowen & Co. BMO Capital Markets maintained Alliance Data Systems Corporation (NYSE:ADS) rating on Wednesday, August 23. BMO Capital Markets has “Hold” rating and $235.0 target. Oppenheimer maintained the shares of ADS in report on Friday, January 26 with “Underperform” rating.

Another recent and important Alliance Data Systems Corporation (NYSE:ADS) news was published by Seekingalpha.com which published an article titled: “Alliance Data Systems Is A Buy” on June 15, 2018.

Oak Associates Ltd, which manages about $1.01 billion and $1.43B US Long portfolio, decreased its stake in Microsoft Corporation (NASDAQ:MSFT) by 4,199 shares to 310,935 shares, valued at $28.38M in 2018Q1, according to the filing. It also reduced its holding in Amazon.Com Inc. (NASDAQ:AMZN) by 3,112 shares in the quarter, leaving it with 58,069 shares, and cut its stake in Stryker Corp (NYSE:SYK).

Investors sentiment increased to 1.07 in Q1 2018. Its up 0.14, from 0.93 in 2017Q4. It is positive, as 45 investors sold ADS shares while 157 reduced holdings. 73 funds opened positions while 144 raised stakes. 50.33 million shares or 2.85% less from 51.81 million shares in 2017Q4 were reported. Asset Mgmt One Limited has invested 0.04% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Veritable LP accumulated 2,201 shares. Essex Investment Ltd Liability, a Massachusetts-based fund reported 948 shares. Amica Retiree Medical Trust holds 0.04% or 222 shares in its portfolio. Adage Cap Ptnrs Llc has invested 0.02% in Alliance Data Systems Corporation (NYSE:ADS). Muhlenkamp Company Inc has 70,529 shares. Arcadia Investment Mgmt Mi stated it has 1,955 shares or 0.12% of all its holdings. Cibc World Markets Inc invested in 5,277 shares. Jefferies Gp reported 0.32% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Cls Investments Ltd invested in 0% or 100 shares. Golden Gate Private Equity holds 16,950 shares or 2.98% of its portfolio. Apg Asset Mgmt Nv holds 26,606 shares. Susquehanna Gru Llp invested in 2,404 shares. 20,409 are owned by First Long Island Limited Liability. Bankshares Of Montreal Can invested in 0.11% or 576,063 shares.

Since February 16, 2018, it had 2 insider buys, and 2 selling transactions for $33.28 million activity. The insider Miller Melisa A sold 12,246 shares worth $3.00M. HEFFERNAN EDWARD J also sold $5.14 million worth of Alliance Data Systems Corporation (NYSE:ADS) shares.

Among 34 analysts covering Verizon Communications Inc. (NYSE:VZ), 18 have Buy rating, 0 Sell and 16 Hold. Therefore 53% are positive. Verizon Communications Inc. had 88 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, January 24, the company rating was maintained by Jefferies. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by SunTrust on Wednesday, December 6. The company was upgraded on Monday, November 20 by Wells Fargo. Barclays Capital upgraded the stock to “Overweight” rating in Monday, April 23 report. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) rating on Tuesday, July 18. Cowen & Co has “Hold” rating and $4900 target. The firm earned “Hold” rating on Thursday, April 7 by Jefferies. Hilliard Lyons downgraded the shares of VZ in report on Wednesday, July 27 to “Neutral” rating. RBC Capital Markets maintained it with “Hold” rating and $48 target in Monday, April 24 report. The rating was maintained by Oppenheimer with “Hold” on Thursday, August 10. The firm has “Buy” rating given on Monday, October 24 by Drexel Hamilton.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.05, from 1.02 in 2017Q4. It turned negative, as 69 investors sold VZ shares while 675 reduced holdings. 132 funds opened positions while 593 raised stakes. 2.55 billion shares or 0.58% more from 2.54 billion shares in 2017Q4 were reported. 256 were reported by Ironwood Financial Ltd. Cambridge Advsrs reported 9,284 shares. Raymond James Na owns 323,345 shares or 1.07% of their US portfolio. Klingenstein Fields And Ltd stated it has 34,180 shares. Janney Montgomery Scott Limited Liability Company invested 0.61% in Verizon Communications Inc. (NYSE:VZ). Amer National Insur Com Tx invested 0.74% in Verizon Communications Inc. (NYSE:VZ). Seizert Capital Ptnrs Ltd Company invested in 1.13% or 649,372 shares. High Pointe Capital Mngmt Lc invested in 1.1% or 16,730 shares. Highlander Ltd Limited Liability Company has 23,412 shares. Principal Gp owns 0.41% invested in Verizon Communications Inc. (NYSE:VZ) for 8.95 million shares. Accredited has invested 0.12% in Verizon Communications Inc. (NYSE:VZ). 37,723 were reported by Newman Dignan & Sheerar Incorporated. Psagot House Ltd reported 1,360 shares. Altrinsic Global Advsr Limited Liability Com reported 498,497 shares. Welch Forbes Limited Liability invested 0.5% of its portfolio in Verizon Communications Inc. (NYSE:VZ).

Since February 13, 2018, it had 0 insider purchases, and 2 selling transactions for $444,552 activity.

More recent Verizon Communications Inc. (NYSE:VZ) news were published by: Seekingalpha.com which released: “The Death Star Explodes Into Stock Market Space” on July 10, 2018. Also Seekingalpha.com published the news titled: “Verizon: Make The Call And Add This Undervalued Telecom Giant To Your Portfolio” on July 05, 2018. Seekingalpha.com‘s news article titled: “Is Verizon A Better Investment Than AT&T?” with publication date: June 27, 2018 was also an interesting one.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on July, 24 before the open. They expect $1.15 earnings per share, up 19.79% or $0.19 from last year’s $0.96 per share. VZ’s profit will be $4.75 billion for 11.10 P/E if the $1.15 EPS becomes a reality. After $1.17 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -1.71% negative EPS growth.

Alliance Data Systems Corporation (NYSE:ADS) Institutional Positions Chart

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