Total System Services, Inc. (NYSE:TSS) Director Walter W. Driver, Jr. sold 13,759 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $136.24, for a total transaction of $1,874,526.16. Following the completion of the sale, the director now directly owns 27,155 shares in the company, valued at $3,699,597.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

TSS stock traded down $0.36 during trading on Friday, hitting $135.48. 1,380,582 shares of the stock traded hands, compared to its average volume of 1,492,189. Total System Services, Inc. has a 1 year low of $75.58 and a 1 year high of $142.30. The firm’s 50 day moving average is $131.85 and its two-hundred day moving average is $115.18. The stock has a market cap of $23.66 billion, a price-to-earnings ratio of 31.80, a price-to-earnings-growth ratio of 2.37 and a beta of 0.86. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.47 and a quick ratio of 2.47.

Total System Services (NYSE:TSS) last announced its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $1.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.06. Total System Services had a net margin of 15.03% and a return on equity of 32.26%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the firm posted $1.11 EPS. Total System Services’s revenue for the quarter was up 2.8% on a year-over-year basis. As a group, analysts anticipate that Total System Services, Inc. will post 4.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 12th. Total System Services’s dividend payout ratio (DPR) is 12.21%.

A number of hedge funds have recently made changes to their positions in TSS. Coastal Investment Advisors Inc. purchased a new stake in Total System Services during the 2nd quarter valued at about $26,000. Berman Capital Advisors LLC grew its position in Total System Services by 119.6% during the 1st quarter. Berman Capital Advisors LLC now owns 325 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 177 shares during the last quarter. Icon Wealth Partners LLC purchased a new stake in Total System Services during the 1st quarter valued at about $32,000. Pittenger & Anderson Inc. purchased a new stake in Total System Services during the 1st quarter valued at about $33,000. Finally, Steward Partners Investment Advisory LLC purchased a new stake in Total System Services during the 2nd quarter valued at about $33,000. 78.66% of the stock is currently owned by institutional investors.

A number of analysts have recently weighed in on the stock. Robert W. Baird set a $148.00 target price on shares of Total System Services and gave the stock a “buy” rating in a research report on Friday, July 19th. Barclays upped their target price on shares of Total System Services from $146.00 to $158.00 and gave the stock an “overweight” rating in a research report on Monday, August 5th. Cowen downgraded shares of Total System Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 29th. BMO Capital Markets upped their target price on shares of Total System Services to $121.00 and gave the stock a “market perform” rating in a research report on Thursday, May 30th. Finally, Guggenheim downgraded shares of Total System Services from a “buy” rating to a “neutral” rating in a research report on Thursday, May 30th. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $116.18.

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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Insider Buying and Selling by Quarter for Total System Services (NYSE:TSS)

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