Edge Advisors LLC trimmed its position in Total System Services, Inc. (NYSE:TSS) by 1.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,613 shares of the credit services provider’s stock after selling 1,150 shares during the period. Edge Advisors LLC owned approximately 0.06% of Total System Services worth $6,721,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Regentatlantic Capital LLC raised its position in shares of Total System Services by 0.4% in the 2nd quarter. Regentatlantic Capital LLC now owns 4,756 shares of the credit services provider’s stock valued at $277,000 after acquiring an additional 19 shares during the period. OLD National Bancorp IN raised its position in shares of Total System Services by 0.6% in the 2nd quarter. OLD National Bancorp IN now owns 3,882 shares of the credit services provider’s stock valued at $226,000 after acquiring an additional 25 shares during the period. Sentry Investment Management LLC raised its position in shares of Total System Services by 0.4% in the 2nd quarter. Sentry Investment Management LLC now owns 11,216 shares of the credit services provider’s stock valued at $653,000 after acquiring an additional 44 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of Total System Services by 1.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,445 shares of the credit services provider’s stock valued at $259,000 after acquiring an additional 60 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Total System Services by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,305 shares of the credit services provider’s stock valued at $717,000 after acquiring an additional 64 shares during the period. Institutional investors and hedge funds own 75.23% of the company’s stock.

A number of brokerages recently weighed in on TSS. Stifel Nicolaus reiterated a “hold” rating and issued a $75.00 price target (up from $69.00) on shares of Total System Services in a research report on Wednesday, October 25th. Wedbush assumed coverage on Total System Services in a research note on Thursday, August 3rd. They set an “outperform” rating and a $72.00 target price for the company. Zacks Investment Research raised Total System Services from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Tuesday, September 19th. Jefferies Group LLC reissued a “hold” rating and set a $59.00 target price on shares of Total System Services in a research note on Thursday, October 12th. Finally, Barclays PLC increased their target price on Total System Services from $78.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $69.36.

In related news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total value of $1,747,228.08. Following the completion of the transaction, the executive vice president now directly owns 21,112 shares of the company’s stock, valued at $1,562,499.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.60% of the stock is currently owned by company insiders.

Total System Services, Inc. (NYSE TSS) traded down $0.24 during trading hours on Monday, hitting $73.78. 1,007,700 shares of the company traded hands, compared to its average volume of 1,266,740. Total System Services, Inc. has a twelve month low of $47.01 and a twelve month high of $74.44. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $13,564.17, a PE ratio of 23.50, a PEG ratio of 1.81 and a beta of 1.11.

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

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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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