Total System Services, Inc. (NYSE:TSS) EVP Dorenda K. Weaver Sells 2,686 Shares

Total System Services, Inc. (NYSE:TSS) EVP Dorenda K. Weaver sold 2,686 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $87.81, for a total value of $235,857.66. Following the completion of the transaction, the executive vice president now directly owns 49,367 shares in the company, valued at $4,334,916.27. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Total System Services, Inc. (NYSE:TSS) traded up $0.66 on Thursday, reaching $85.28. The company had a trading volume of 38,133 shares, compared to its average volume of 1,463,879. The stock has a market capitalization of $15,623.25, a price-to-earnings ratio of 26.78, a P/E/G ratio of 1.47 and a beta of 1.13. Total System Services, Inc. has a 12 month low of $50.96 and a 12 month high of $89.92. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 1.12.

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

A number of equities analysts recently commented on TSS shares. Stephens raised their target price on Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. Zacks Investment Research raised Total System Services from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a report on Friday, December 15th. Morgan Stanley reaffirmed a “hold” rating on shares of Total System Services in a report on Thursday, November 16th. Jefferies Group raised their target price on Total System Services from $59.00 to $73.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Finally, Robert W. Baird raised their target price on Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $82.08.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TSS. Quantbot Technologies LP purchased a new position in Total System Services in the second quarter worth about $229,000. Parametric Portfolio Associates LLC grew its position in Total System Services by 16.8% in the second quarter. Parametric Portfolio Associates LLC now owns 204,210 shares of the credit services provider’s stock worth $11,895,000 after acquiring an additional 29,384 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Total System Services by 10.2% in the second quarter. Dimensional Fund Advisors LP now owns 972,297 shares of the credit services provider’s stock worth $56,636,000 after purchasing an additional 90,029 shares during the last quarter. Voya Investment Management LLC lifted its stake in Total System Services by 4.1% in the second quarter. Voya Investment Management LLC now owns 113,755 shares of the credit services provider’s stock worth $6,627,000 after purchasing an additional 4,459 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Total System Services by 648.7% in the second quarter. HighTower Advisors LLC now owns 70,344 shares of the credit services provider’s stock worth $4,106,000 after purchasing an additional 60,949 shares during the last quarter. Institutional investors own 76.08% of the company’s stock.

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Total System Services Company 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.

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

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