Total System Services, Inc. (NYSE:TSS) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Sunday.

A number of other equities research analysts also recently commented on TSS. Guggenheim started coverage on Total System Services in a report on Thursday, March 30th. They issued a “buy” rating and a $62.00 target price for the company. Zacks Investment Research downgraded Total System Services from a “hold” rating to a “sell” rating in a report on Tuesday, April 4th. Atlantic Securities restated a “neutral” rating and issued a $59.00 price target on shares of Total System Services in a research report on Wednesday, April 12th. Pacific Crest restated an “overweight” rating and issued a $58.00 price target on shares of Total System Services in a research report on Monday, April 24th. Finally, Stifel Nicolaus set a $65.00 price target on Total System Services and gave the company a “buy” rating in a research report on Wednesday, April 26th. Seven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $61.89.

Shares of Total System Services (TSS) traded up 0.02% during midday trading on Friday, reaching $60.67. 675,130 shares of the company traded hands. The stock’s 50-day moving average is $58.96 and its 200-day moving average is $54.70. Total System Services has a 1-year low of $46.22 and a 1-year high of $61.42. The stock has a market capitalization of $11.17 billion, a P/E ratio of 33.46 and a beta of 1.12.

Total System Services (NYSE:TSS) last released its earnings results on Tuesday, April 25th. The credit services provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. Total System Services had a return on equity of 25.16% and a net margin of 7.86%. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the company earned $0.66 earnings per share. Total System Services’s quarterly revenue was up 62.3% compared to the same quarter last year. Equities analysts predict that Total System Services will post $3.24 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Shareholders of record on Thursday, June 22nd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.66%. The ex-dividend date was Tuesday, June 20th. Total System Services’s dividend payout ratio (DPR) is 22.10%.

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In other Total System Services news, Director Richard W. Ussery sold 48,000 shares of Total System Services stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $59.19, for a total value of $2,841,120.00. Following the completion of the sale, the director now owns 219,968 shares in the company, valued at approximately $13,019,905.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman M Troy Woods sold 6,500 shares of Total System Services stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $57.30, for a total value of $372,450.00. Following the completion of the sale, the chairman now owns 285,966 shares of the company’s stock, valued at approximately $16,385,851.80. The disclosure for this sale can be found here. 2.60% of the stock is owned by insiders.

Hedge funds have recently bought and sold shares of the stock. BlackRock Inc. raised its position in Total System Services by 2,540.3% in the first quarter. BlackRock Inc. now owns 11,122,344 shares of the credit services provider’s stock valued at $594,599,000 after buying an additional 10,701,089 shares in the last quarter. FMR LLC raised its position in Total System Services by 14.8% in the first quarter. FMR LLC now owns 11,224,948 shares of the credit services provider’s stock valued at $600,086,000 after buying an additional 1,447,047 shares in the last quarter. Point72 Asset Management L.P. raised its position in Total System Services by 71.6% in the first quarter. Point72 Asset Management L.P. now owns 2,386,830 shares of the credit services provider’s stock valued at $127,600,000 after buying an additional 996,260 shares in the last quarter. Strs Ohio raised its position in Total System Services by 405.1% in the first quarter. Strs Ohio now owns 1,218,151 shares of the credit services provider’s stock valued at $65,122,000 after buying an additional 976,975 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Total System Services by 23.4% in the first quarter. Wellington Management Group LLP now owns 4,353,926 shares of the credit services provider’s stock valued at $232,761,000 after buying an additional 824,600 shares in the last quarter. Institutional investors own 75.37% of the company’s stock.

Total System Services Company Profile

Total System Services, Inc (TSYS) is a payment solutions provider that provides payment processing services, merchant services and related payment services to financial and non-financial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services.

Analyst Recommendations for Total System Services (NYSE:TSS)

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