Total System Services CAO Dorenda Weaver Sells 27,949 Shares (TSS)
Total System Services (NYSE:TSS) CAO Dorenda Weaver sold 27,949 shares of the company’s stock on the open market in a transaction dated Friday, September 13th. The shares were sold at an average price of $29.20, for a total transaction of $816,110.80. Following the transaction, the chief accounting officer now directly owns 60,671 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on TSS shares. Analysts at Zacks upgraded shares of Total System Services (NYSE:TSS) from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, September 4th. They now have a $33.00 price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Total System Services (NYSE:TSS) in a research note to investors on Tuesday, August 27th. They now have a $28.00 price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Total System Services (NYSE:TSS) from $31.00 to $33.00 in a research note to investors on Tuesday, August 27th. They now have a “buy” rating on the stock.
Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $28.85.
Shares of Total System Services (NYSE:TSS) traded down 0.17% on Friday, hitting $29.06. 656,411 shares of the company’s stock traded hands. Total System Services has a one year low of $21.10 and a one year high of $29.24. The stock has a 50-day moving average of $28.0 and a 200-day moving average of $25.11. The company has a market cap of $5.504 billion and a price-to-earnings ratio of 23.29.
Total System Services (NYSE:TSS) last announced its earnings results on Tuesday, July 23rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $478.44 million for the quarter, compared to the consensus estimate of $483.16 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. Analysts expect that Total System Services will post $1.71 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 1st. Shareholders of record on Thursday, September 19th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Tuesday, September 17th.
Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.
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