Bridgeworth LLC bought a new stake in shares of Total System Services, Inc. (NYSE:TSS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 50,500 shares of the credit services provider’s stock, valued at approximately $3,994,000. Total System Services makes up 3.5% of Bridgeworth LLC’s portfolio, making the stock its 8th biggest position.

Other large investors have also bought and sold shares of the company. Advisory Services Network LLC lifted its holdings in Total System Services by 28.0% in the 4th quarter. Advisory Services Network LLC now owns 3,822 shares of the credit services provider’s stock worth $302,000 after buying an additional 837 shares in the last quarter. Global X Management Co. LLC lifted its holdings in Total System Services by 25.9% in the 4th quarter. Global X Management Co. LLC now owns 7,245 shares of the credit services provider’s stock worth $573,000 after buying an additional 1,489 shares in the last quarter. Global Financial Private Capital LLC acquired a new position in Total System Services in the 4th quarter worth $244,000. The Manufacturers Life Insurance Company lifted its holdings in Total System Services by 28.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 511,039 shares of the credit services provider’s stock worth $40,417,000 after buying an additional 113,481 shares in the last quarter. Finally, Suncoast Equity Management acquired a new position in Total System Services in the 4th quarter worth $234,000. Institutional investors and hedge funds own 76.08% of the company’s stock.

Shares of Total System Services, Inc. (NYSE:TSS) opened at $84.62 on Thursday. The stock has a market cap of $15,623.25, a PE ratio of 26.39, a PEG ratio of 1.47 and a beta of 1.13. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.09 and a quick ratio of 1.03. Total System Services, Inc. has a 12 month low of $50.96 and a 12 month high of $89.92.

Total System Services (NYSE:TSS) last announced its quarterly earnings data on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.03. Total System Services had a net margin of 11.90% and a return on equity of 26.21%. The business had revenue of $870.61 million during the quarter, compared to the consensus estimate of $848.20 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. sell-side analysts forecast that Total System Services, Inc. will post 3.96 earnings per share for the current year.

In related news, Chairman M Troy Woods sold 213,056 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $83.82, for a total transaction of $17,858,353.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Patricia A. Watson sold 2,274 shares of the business’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $83.35, for a total transaction of $189,537.90. Following the sale, the executive vice president now directly owns 27,253 shares of the company’s stock, valued at approximately $2,271,537.55. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 296,598 shares of company stock valued at $25,193,511. Insiders own 2.60% of the company’s stock.

TSS has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price objective on shares of Total System Services from $63.00 to $69.00 and gave the stock an “equal weight” rating in a report on Monday, October 23rd. Stifel Nicolaus reiterated a “hold” rating and issued a $75.00 price objective (up previously from $69.00) on shares of Total System Services in a report on Wednesday, October 25th. Robert W. Baird boosted their price objective on shares of Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. BMO Capital Markets boosted their price objective on shares of Total System Services from $70.00 to $77.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Finally, Stephens boosted their price objective on shares of Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $82.08.

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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.

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

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