Credit Suisse Group reaffirmed their neutral rating on shares of Total System Services (NYSE:TSS) in a research report released on Wednesday, The Fly reports. The firm currently has a $87.00 target price on the credit services provider’s stock, up from their prior target price of $73.00.

TSS has been the subject of a number of other reports. Stephens upped their price target on shares of Total System Services from $70.00 to $75.00 and gave the company an overweight rating in a report on Wednesday, October 25th. Zacks Investment Research upgraded shares of Total System Services from a hold rating to a buy rating and set a $86.00 price target for the company in a report on Friday, December 15th. Barclays upped their price target on shares of Total System Services from $72.00 to $78.00 and gave the company an overweight rating in a report on Wednesday, October 11th. Morgan Stanley restated a hold rating on shares of Total System Services in a report on Thursday, November 16th. Finally, Robert W. Baird upped their price target on shares of Total System Services from $76.00 to $78.00 and gave the company an outperform rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $75.19.

Shares of Total System Services (TSS) traded down $0.21 during trading hours on Wednesday, reaching $82.73. 942,155 shares of the company were exchanged, compared to its average volume of 1,189,883. The company has a market capitalization of $15,260.00, a PE ratio of 36.77, a PEG ratio of 1.84 and a beta of 1.10. Total System Services has a 12-month low of $49.98 and a 12-month high of $83.23. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03.

Total System Services (NYSE:TSS) last issued its quarterly earnings data 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 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%. Total System Services’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.71 earnings per share. equities analysts anticipate that Total System Services will post 3.2 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Thursday, December 21st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend was Wednesday, December 20th. Total System Services’s payout ratio is presently 23.11%.

In related news, EVP Patricia A. Watson sold 23,608 shares of the stock in a transaction dated 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 sale, the executive vice president now owns 21,112 shares in the company, valued at $1,562,499.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.60% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of TSS. Raymond James Trust N.A. raised its position in Total System Services by 3.9% in the second quarter. Raymond James Trust N.A. now owns 4,993 shares of the credit services provider’s stock worth $291,000 after purchasing an additional 188 shares in the last quarter. Teachers Advisors LLC raised its position in Total System Services by 14.9% in the second quarter. Teachers Advisors LLC now owns 221,855 shares of the credit services provider’s stock worth $12,923,000 after purchasing an additional 28,784 shares in the last quarter. Norinchukin Bank The raised its position in Total System Services by 7.2% in the second quarter. Norinchukin Bank The now owns 11,494 shares of the credit services provider’s stock worth $670,000 after purchasing an additional 769 shares in the last quarter. Amalgamated Bank raised its position in Total System Services by 68.4% in the second quarter. Amalgamated Bank now owns 21,157 shares of the credit services provider’s stock worth $1,232,000 after purchasing an additional 8,596 shares in the last quarter. Finally, ProShare Advisors LLC raised its position in Total System Services by 1.8% in the second quarter. ProShare Advisors LLC now owns 45,808 shares of the credit services provider’s stock worth $2,668,000 after purchasing an additional 801 shares in the last quarter. 75.95% of the stock is owned by hedge funds and other institutional investors.

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About Total System Services

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.

The Fly

Analyst Recommendations for Total System Services (NYSE:TSS)

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