Chartwell Investment Partners LLC acquired a new position in Total System Services, Inc. (NYSE:TSS) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 17,181 shares of the credit services provider’s stock, valued at approximately $1,632,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in Total System Services during the fourth quarter valued at about $28,000. Liberty Wealth Management LLC bought a new stake in Total System Services during the fourth quarter valued at about $34,000. Oregon Public Employees Retirement Fund grew its holdings in Total System Services by 6,655.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,932,374 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 2,888,967 shares during the period. Csenge Advisory Group bought a new stake in Total System Services during the third quarter valued at about $37,000. Finally, Daiwa SB Investments Ltd. bought a new stake in Total System Services during the fourth quarter valued at about $38,000. 80.52% of the stock is owned by institutional investors.

Shares of Total System Services stock opened at $99.62 on Tuesday. Total System Services, Inc. has a 52 week low of $75.58 and a 52 week high of $100.39. The stock has a market capitalization of $17.57 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 1.75 and a beta of 1.11. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 1.50.

Total System Services (NYSE:TSS) last announced its quarterly earnings data on Tuesday, January 29th. The credit services provider reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.07. Total System Services had a return on equity of 30.94% and a net margin of 14.31%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $968.62 million. On average, equities research analysts anticipate that Total System Services, Inc. will post 4.62 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Thursday, March 21st were given a $0.13 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $0.52 annualized dividend and a dividend yield of 0.52%. Total System Services’s payout ratio is 12.21%.

Several analysts have issued reports on the company. Zacks Investment Research raised Total System Services from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. KeyCorp boosted their price target on Total System Services from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, January 30th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Total System Services has an average rating of “Buy” and an average target price of $99.07.

In other news, CAO Dorenda K. Weaver sold 2,297 shares of the business’s stock in a transaction dated Friday, February 8th. The stock was sold at an average price of $91.23, for a total value of $209,555.31. Following the transaction, the chief accounting officer now directly owns 49,489 shares in the company, valued at $4,514,881.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP G Sanders Griffith III sold 11,273 shares of the business’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $91.23, for a total value of $1,028,435.79. Following the completion of the transaction, the executive vice president now owns 192,324 shares in the company, valued at $17,545,718.52. The disclosure for this sale can be found here. Insiders sold 109,640 shares of company stock worth $10,098,506 over the last 90 days. Company insiders own 2.00% of the company’s stock.

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Total System Services Company Profile

Total System Services, Inc provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company operates through three segments: Issuer Solutions, Merchant Solutions, and Consumer Solutions. It offers general purpose reloadable prepaid and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers and businesses.

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

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