Total System Services, Inc. (NYSE:TSS) Position Increased by BT Investment Management Ltd

BT Investment Management Ltd lifted its stake in shares of Total System Services, Inc. (NYSE:TSS) by 2,108.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,204 shares of the credit services provider’s stock after purchasing an additional 142,449 shares during the quarter. BT Investment Management Ltd owned about 0.08% of Total System Services worth $11,801,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new stake in Total System Services in the fourth quarter valued at $109,000. Parkwood LLC acquired a new stake in Total System Services in the third quarter valued at $200,000. Cahaba Wealth Management Inc. acquired a new stake in Total System Services in the fourth quarter valued at $208,000. Reliance Trust Co. acquired a new stake in Total System Services in the third quarter valued at $211,000. Finally, Advisor Partners LLC acquired a new stake in shares of Total System Services during the third quarter valued at $213,000. Institutional investors and hedge funds own 76.08% of the company’s stock.

A number of research firms recently commented on TSS. Stifel Nicolaus reaffirmed a “hold” rating and set a $85.00 price objective on shares of Total System Services in a research note on Wednesday, January 24th. Barclays increased their price objective on Total System Services from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Citigroup increased their target price on Total System Services from $94.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. KeyCorp reiterated a “buy” rating and set a $92.00 target price (up from $85.00) on shares of Total System Services in a research report on Wednesday, January 24th. Finally, BMO Capital Markets set a $102.00 price objective on Total System Services and gave the stock a “buy” rating in a report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Total System Services has a consensus rating of “Buy” and a consensus price target of $82.08.

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

Shares of Total System Services, Inc. (NYSE:TSS) traded up $0.14 during trading on Thursday, reaching $84.76. The company’s stock had a trading volume of 103,409 shares, compared to its average volume of 1,464,466. Total System Services, Inc. has a 52-week low of $50.96 and a 52-week 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. The company has a market cap of $15,623.25, a P/E ratio of 26.78, a P/E/G ratio of 1.47 and a beta of 1.13.

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

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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.

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

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