Icon Advisers Inc. Co. decreased its position in Total System Services, Inc. (NYSE:TSS) by 14.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,200 shares of the credit services provider’s stock after selling 7,700 shares during the quarter. Icon Advisers Inc. Co.’s holdings in Total System Services were worth $3,654,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in shares of Total System Services in the fourth quarter valued at approximately $109,000. Parkwood LLC acquired a new position in shares of Total System Services in the third quarter valued at approximately $200,000. Cahaba Wealth Management Inc. acquired a new position in shares of Total System Services in the fourth quarter valued at approximately $208,000. Reliance Trust Co. acquired a new position in shares of Total System Services in the third quarter valued at approximately $211,000. Finally, Advisor Partners LLC acquired a new position in shares of Total System Services in the third quarter valued at approximately $213,000. 76.25% of the stock is currently owned by institutional investors.

In other news, Chairman M Troy Woods sold 49,540 shares of the stock in a transaction on Monday, January 29th. The stock was sold at an average price of $87.81, for a total value of $4,350,107.40. Following the completion of the transaction, the chairman now directly owns 369,121 shares in the company, valued at approximately $32,412,515.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Patricia A. Watson sold 23,608 shares of the 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 owns 21,112 shares of the company’s stock, valued at $1,562,499.12. The disclosure for this sale can be found here. In the last ninety days, insiders sold 107,150 shares of company stock worth $9,082,385. Company insiders own 2.60% of the company’s stock.

Several equities analysts have recently commented on TSS shares. Royal Bank of Canada reaffirmed a “buy” rating and issued a $75.00 target price on shares of Total System Services in a research report on Monday, October 30th. Nomura upped their target price on Total System Services from $71.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Citigroup increased their price target on Total System Services from $71.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Robert W. Baird reissued a “buy” rating and set a $84.00 price target on shares of Total System Services in a research report on Friday, December 15th. Finally, KeyCorp reissued a “buy” rating and set a $85.00 price target on shares of Total System Services in a research report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $82.08.

Shares of Total System Services, Inc. (TSS) opened at $83.35 on Friday. The firm has a market capitalization of $14,922.80, a price-to-earnings ratio of 25.21, a price-to-earnings-growth ratio of 1.40 and a beta of 1.13. Total System Services, Inc. has a twelve month low of $50.96 and a twelve month high of $89.92. The company has a quick ratio of 1.03, a current ratio of 1.09 and a debt-to-equity ratio of 1.12.

Total System Services (NYSE:TSS) last issued its earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.03. The firm had revenue of $870.61 million for the quarter, compared to the consensus estimate of $848.20 million. Total System Services had a return on equity of 26.21% and a net margin of 11.90%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 EPS. equities research analysts expect that Total System Services, Inc. will post 3.96 earnings per share for the current year.

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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.

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

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