Shares of Total System Services Inc. (NYSE:TSS) have been assigned an average recommendation of “Hold” from the twenty-three ratings firms that are presently covering the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $52.56.

A number of equities analysts have weighed in on TSS shares. Morgan Stanley reaffirmed a “hold” rating and set a $54.00 target price on shares of Total System Services in a research note on Thursday, July 28th. Nomura reissued a “buy” rating and set a $58.00 price target on shares of Total System Services in a research report on Monday, October 3rd. First Analysis raised shares of Total System Services from an “equal weight” rating to an “overweight” rating and set a $62.00 price target for the company in a research report on Thursday, July 28th. Credit Suisse Group AG set a $58.00 price target on shares of Total System Services and gave the company a “hold” rating in a research report on Wednesday, July 27th. Finally, Barclays PLC reissued a “buy” rating on shares of Total System Services in a research report on Saturday, July 9th.

Shares of Total System Services (NYSE:TSS) opened at 47.20 on Friday. The firm’s 50 day moving average price is $48.07 and its 200 day moving average price is $50.69. Total System Services has a 52-week low of $37.47 and a 52-week high of $56.69. The stock has a market cap of $8.68 billion, a P/E ratio of 24.04 and a beta of 1.18.

Total System Services (NYSE:TSS) last announced its earnings results on Tuesday, July 26th. The company reported $0.74 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.02. Total System Services had a net margin of 10.97% and a return on equity of 23.58%. The business earned $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm earned $0.58 earnings per share. The business’s revenue for the quarter was up 66.2% on a year-over-year basis. On average, analysts expect that Total System Services will post $2.81 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, October 3rd. Investors of record on Thursday, September 22nd were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Tuesday, September 20th. Total System Services’s dividend payout ratio (DPR) is 20.30%.

A number of hedge funds have recently made changes to their positions in TSS. Mizuho Asset Management Co. Ltd. boosted its stake in shares of Total System Services by 40.0% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 2,039 shares of the company’s stock valued at $108,000 after buying an additional 583 shares during the last quarter. Kanaly Trust Co boosted its stake in shares of Total System Services by 66.7% in the second quarter. Kanaly Trust Co now owns 2,400 shares of the company’s stock valued at $127,000 after buying an additional 960 shares during the last quarter. CWM LLC bought a new stake in shares of Total System Services during the second quarter valued at approximately $159,000. Pacer Advisors Inc. boosted its stake in shares of Total System Services by 13.1% in the second quarter. Pacer Advisors Inc. now owns 3,514 shares of the company’s stock valued at $187,000 after buying an additional 408 shares during the last quarter. Finally, Laurion Capital Management LP bought a new stake in shares of Total System Services during the second quarter valued at approximately $202,000. Institutional investors and hedge funds own 71.50% of the company’s stock.

Total System Services Company Profile

Total System Services, Inc (TSYS) is a payment solutions provider that provides services to financial and nonfinancial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services. The Company also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants.

5 Day Chart for NYSE:TSS

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