Stephens Inc. AR acquired a new stake in shares of Total System Services, Inc. (NYSE:TSS) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 20,764 shares of the credit services provider’s stock, valued at approximately $1,360,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bronfman E.L. Rothschild L.P. grew its stake in Total System Services by 13.2% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,959 shares of the credit services provider’s stock valued at $114,000 after acquiring an additional 228 shares in the last quarter. Acrospire Investment Management LLC grew its stake in Total System Services by 122.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the credit services provider’s stock valued at $117,000 after acquiring an additional 1,100 shares in the last quarter. TLP Group LLC purchased a new stake in Total System Services during the 2nd quarter valued at about $122,000. Parkwood LLC purchased a new stake in Total System Services during the 3rd quarter valued at about $200,000. Finally, Reliance Trust Co. purchased a new stake in Total System Services during the 3rd quarter valued at about $211,000. 75.23% of the stock is owned by institutional investors.

Several analysts recently issued reports on the stock. Morgan Stanley reissued a “hold” rating on shares of Total System Services in a research note on Thursday, November 16th. Wedbush assumed coverage on shares of Total System Services in a research note on Thursday, August 3rd. They issued an “outperform” rating and a $72.00 price target for the company. Royal Bank Of Canada assumed coverage on shares of Total System Services in a research note on Monday, August 28th. They issued an “outperform” rating and a $75.00 price target for the company. Robert W. Baird reissued a “buy” rating on shares of Total System Services in a research note on Tuesday, September 26th. Finally, BidaskClub raised shares of Total System Services from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $69.36.

Total System Services, Inc. (NYSE TSS) traded down $0.25 during trading on Thursday, reaching $73.77. 852,600 shares of the company’s stock were exchanged, compared to its average volume of 1,260,648. The firm has a market cap of $13,608.30, a price-to-earnings ratio of 23.57, a PEG ratio of 1.82 and a beta of 1.11. Total System Services, Inc. has a 12 month low of $47.01 and a 12 month high of $74.44. 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 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.07. The company had revenue of $852.80 million for the quarter, compared to analyst estimates of $842.30 million. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.71 EPS. analysts predict that Total System Services, Inc. will post 3.2 EPS for the current year.

In other Total System Services news, EVP Patricia A. Watson sold 23,608 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total transaction of $1,747,228.08. Following the sale, the executive vice president now directly owns 21,112 shares in the company, valued at approximately $1,562,499.12. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.60% of the stock is owned by corporate insiders.

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Total System Services 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.

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

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