IAC/InterActiveCorp (IAC) Forms $160.47 Double Top; Jones Financial Companies Lllp Lowered Its Alliance Data Systems (ADS) Position

IAC/InterActiveCorp (NASDAQ:IAC) Logo

Jones Financial Companies Lllp decreased Alliance Data Systems Corp (ADS) stake by 39.03% reported in 2017Q4 SEC filing. Jones Financial Companies Lllp sold 2,619 shares as Alliance Data Systems Corp (ADS)’s stock declined 13.04%. The Jones Financial Companies Lllp holds 4,092 shares with $1.04 million value, down from 6,711 last quarter. Alliance Data Systems Corp now has $11.31 billion valuation. The stock decreased 0.07% or $0.14 during the last trading session, reaching $203.96. About 530,492 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has declined 9.99% since April 27, 2017 and is downtrending. It has underperformed by 21.54% the S&P500.

IAC/InterActiveCorp (IAC) formed double top with $166.89 target or 4.00% above today’s $160.47 share price. IAC/InterActiveCorp (IAC) has $13.26B valuation. The stock increased 1.93% or $3.04 during the last trading session, reaching $160.47. About 350,933 shares traded. IAC/InterActiveCorp (NASDAQ:IAC) has risen 113.15% since April 27, 2017 and is uptrending. It has outperformed by 101.60% the S&P500.

Among 35 analysts covering Alliance Data Systems (NYSE:ADS), 18 have Buy rating, 2 Sell and 15 Hold. Therefore 51% are positive. Alliance Data Systems had 98 analyst reports since August 9, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Buy” on Friday, September 15. RBC Capital Markets maintained Alliance Data Systems Corporation (NYSE:ADS) on Thursday, January 4 with “Buy” rating. The company was maintained on Wednesday, November 15 by Robert W. Baird. The company was maintained on Thursday, January 18 by Piper Jaffray. The rating was upgraded by Compass Point to “Neutral” on Thursday, May 25. BMO Capital Markets maintained it with “Hold” rating and $235.0 target in Wednesday, August 23 report. The rating was maintained by Robert W. Baird on Thursday, March 15 with “Hold”. The firm earned “Buy” rating on Friday, September 8 by Piper Jaffray. Jefferies maintained the shares of ADS in report on Monday, September 18 with “Buy” rating. SunTrust maintained it with “Buy” rating and $27000 target in Tuesday, April 17 report.

Investors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It is the same, 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. Liberty Mutual Grp Inc Asset stated it has 0.01% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Virtus Investment Advisers Incorporated stated it has 0.03% in Alliance Data Systems Corporation (NYSE:ADS). State Of Tennessee Treasury Department reported 247,836 shares or 0.28% of all its holdings. Campbell And Adviser Limited Liability Company owns 819 shares. Legal And General Group Inc Public Limited Com accumulated 249,205 shares. Lodestar Investment Counsel Ltd Liability Il stated it has 2,087 shares or 0.06% of all its holdings. State Bank Of Hawaii holds 2,435 shares. Leucadia Natl, New York-based fund reported 8,000 shares. Valueact Holdg LP stated it has 5.88M shares. Boston has invested 0.15% in Alliance Data Systems Corporation (NYSE:ADS). Wealthtrust has 0.01% invested in Alliance Data Systems Corporation (NYSE:ADS) for 71 shares. Pennsylvania stated it has 1,375 shares or 0.02% of all its holdings. Tower Rech Ltd Company (Trc) holds 0.02% or 600 shares. Netherlands-based Shell Asset Mngmt has invested 0.01% in Alliance Data Systems Corporation (NYSE:ADS). Aviva Public Ltd has invested 0.04% in Alliance Data Systems Corporation (NYSE:ADS).

Jones Financial Companies Lllp increased Vanguard Total Bond Market Etf (BND) stake by 1.55 million shares to 54.01M valued at $4.41B in 2017Q4. It also upped Vanguard Value Etf (VTV) stake by 1.13M shares and now owns 29.72M shares. Cef Ishares S&P 500 Growth Ind (IVW) was raised too.

Since February 16, 2018, it had 0 insider buys, and 2 selling transactions for $8.14 million activity. Shares for $3.00M were sold by Miller Melisa A. On Friday, February 16 the insider HEFFERNAN EDWARD J sold $5.14M.

Analysts await IAC/InterActiveCorp (NASDAQ:IAC) to report earnings on May, 2. They expect $0.38 EPS, up 660.00% or $0.33 from last year’s $0.05 per share. IAC’s profit will be $31.41M for 105.57 P/E if the $0.38 EPS becomes a reality. After $0.76 actual EPS reported by IAC/InterActiveCorp for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

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