Swiss National Bank raised its stake in Total System Services, Inc. (NYSE:TSS) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 609,718 shares of the credit services provider’s stock after buying an additional 7,700 shares during the quarter. Swiss National Bank owned 330,936.82% of Total System Services worth $39,937,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Regentatlantic Capital LLC grew its position in Total System Services by 0.4% in the second quarter. Regentatlantic Capital LLC now owns 4,756 shares of the credit services provider’s stock worth $277,000 after acquiring an additional 19 shares in the last quarter. OLD National Bancorp IN grew its position in Total System Services by 0.6% in the second quarter. OLD National Bancorp IN now owns 3,882 shares of the credit services provider’s stock worth $226,000 after acquiring an additional 25 shares in the last quarter. Sentry Investment Management LLC grew its position in Total System Services by 0.4% in the second quarter. Sentry Investment Management LLC now owns 11,216 shares of the credit services provider’s stock worth $653,000 after acquiring an additional 44 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in Total System Services by 1.4% in the second quarter. Stratos Wealth Partners LTD. now owns 4,445 shares of the credit services provider’s stock worth $259,000 after acquiring an additional 60 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Total System Services by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,305 shares of the credit services provider’s stock worth $717,000 after acquiring an additional 64 shares in the last quarter. 76.93% of the stock is owned by institutional investors.

Several analysts have commented on the stock. Wedbush assumed coverage on shares of Total System Services in a research report on Thursday, August 3rd. They issued an “outperform” rating and a $72.00 target price for the company. Royal Bank Of Canada assumed coverage on shares of Total System Services in a research report on Monday, August 28th. They issued an “outperform” rating and a $75.00 target price for the company. Robert W. Baird reissued a “buy” rating on shares of Total System Services in a research report on Tuesday, September 26th. Citigroup Inc. boosted their target price on shares of Total System Services from $71.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Jefferies Group LLC boosted their target price on shares of Total System Services from $59.00 to $73.00 and gave the stock a “hold” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Total System Services presently has an average rating of “Buy” and an average price target of $69.36.

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Total System Services, Inc. (TSS) opened at $73.04 on Thursday. The company has a market cap of $13,496.15, a price-to-earnings ratio of 23.38, a P/E/G ratio of 1.80 and a beta of 1.11. Total System Services, Inc. has a one year low of $47.01 and a one year high of $73.84. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.03.

Total System Services (NYSE:TSS) last released its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.07. The firm had revenue of $852.80 million during the quarter, compared to analysts’ expectations of $842.30 million. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.71 EPS. equities analysts predict that Total System Services, Inc. will post 3.2 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for Total System Services (NYSE:TSS)

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