Alliance Data Systems (ADS) Holding Upped by Riverpark Advisors Llc; Jvl Advisors Has Cut Its Encana (ECA) Stake by $1.03 Million; Stock Declined

February 19, 2018 - By Marie Mckinney

Jvl Advisors Llc decreased its stake in Encana Corp (ECA) by 1.66% based on its latest 2017Q3 regulatory filing with the SEC. Jvl Advisors Llc sold 93,900 shares as the company’s stock declined 8.34% while stock markets rallied. The hedge fund held 5.56M shares of the oil & gas production company at the end of 2017Q3, valued at $65.53 million, down from 5.66 million at the end of the previous reported quarter. Jvl Advisors Llc who had been investing in Encana Corp for a number of months, seems to be less bullish one the $10.51B market cap company. The stock decreased 0.72% or $0.08 during the last trading session, reaching $11.01. About 10.02M shares traded or 25.84% up from the average. Encana Corporation (NYSE:ECA) has risen 50.13% since February 19, 2017 and is uptrending. It has outperformed by 33.43% the S&P500.

Riverpark Advisors Llc increased its stake in Alliance Data Systems Corp (ADS) by 11.06% based on its latest 2017Q3 regulatory filing with the SEC. Riverpark Advisors Llc bought 2,280 shares as the company’s stock rose 0.06% with the market. The institutional investor held 22,900 shares of the business services company at the end of 2017Q3, valued at $5.07 million, up from 20,620 at the end of the previous reported quarter. Riverpark Advisors Llc who had been investing in Alliance Data Systems Corp for a number of months, seems to be bullish on the $13.52B market cap company. The stock increased 1.67% or $4.03 during the last trading session, reaching $244.68. About 563,704 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has risen 14.47% since February 19, 2017 and is uptrending. It has underperformed by 2.23% the S&P500.

Investors sentiment increased to 0.93 in 2017 Q3. 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. Franklin Street Advsr Nc reported 22,379 shares. Janney Montgomery Scott Ltd Llc stated it has 4,115 shares. The Tennessee-based Green Square Cap Limited Liability Company has invested 0.08% in Alliance Data Systems Corporation (NYSE:ADS). Strs Ohio accumulated 26,018 shares or 0.02% of the stock. 152,530 are owned by Vaughan Nelson Mngmt L P. Asset Mgmt One Communications reported 82,289 shares. Apg Asset Mngmt Nv stated it has 0.01% in Alliance Data Systems Corporation (NYSE:ADS). Toronto Dominion Bank & Trust has 18,387 shares. New York State Common Retirement Fund invested 0.04% in Alliance Data Systems Corporation (NYSE:ADS). Sei Invests has 27,678 shares. Redmond Asset Management Ltd Llc holds 7,840 shares or 0.79% of its portfolio. Blair William Il stated it has 159,937 shares. Cls Investments Limited Liability Corp owns 100 shares for 0% of their portfolio. Ubs Asset Americas holds 0.04% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 204,736 shares. Kbc Group Inc Nv, Belgium-based fund reported 203,750 shares.

Among 33 analysts covering Alliance Data Systems (NYSE:ADS), 18 have Buy rating, 3 Sell and 12 Hold. Therefore 55% are positive. Alliance Data Systems had 79 analyst reports since August 9, 2015 according to SRatingsIntel. Barclays Capital downgraded Alliance Data Systems Corporation (NYSE:ADS) on Friday, July 21 to “Equal-Weight” rating. Stephens maintained the shares of ADS in report on Tuesday, January 2 with “Buy” rating. Oppenheimer maintained the shares of ADS in report on Thursday, July 20 with “Sell” rating. On Friday, July 22 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. Barclays Capital maintained it with “Overweight” rating and $285 target in Friday, April 21 report. RBC Capital Markets maintained it with “Buy” rating and $28000 target in Friday, July 28 report. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Hold” rating by Cowen & Co on Monday, January 29. Sterne Agee CRT initiated Alliance Data Systems Corporation (NYSE:ADS) on Thursday, December 17 with “Buy” rating. Jefferies initiated Alliance Data Systems Corporation (NYSE:ADS) rating on Friday, February 12. Jefferies has “Buy” rating and $20 target. On Thursday, January 25 the stock rating was maintained by BMO Capital Markets with “Hold”.

Riverpark Advisors Llc, which manages about $2.88B and $759.63 million US Long portfolio, decreased its stake in Core Laboratories N V (NYSE:CLB) by 52,000 shares to 263,000 shares, valued at $25.96 million in 2017Q3, according to the filing. It also reduced its holding in Carmax Inc (NYSE:KMX) by 11,361 shares in the quarter, leaving it with 57,847 shares, and cut its stake in Berkshire Hathaway Inc Del (BRKB).

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