Total System Services Director Richard Bradley Sells 13,392 Shares (TSS)
Total System Services (NYSE:TSS) Director Richard Bradley sold 13,392 shares of Total System Services stock on the open market in a transaction dated Thursday, September 12th. The stock was sold at an average price of $29.16, for a total value of $390,510.72. Following the sale, the director now directly owns 52,933 shares of the company’s stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. 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 analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $28.85.
Total System Services (NYSE:TSS) traded down 0.30% during mid-day trading on Friday, hitting $29.022. The stock had a trading volume of 366,872 shares. Total System Services has a 1-year low of $21.10 and a 1-year high of $29.24. The stock’s 50-day moving average is $28.0 and its 200-day moving average is $25.11. The company has a market cap of $5.497 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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