Total System Services, Inc. (NYSE:TSS)‘s stock had its “buy” rating restated by stock analysts at Keefe, Bruyette & Woods in a research report issued on Thursday.

TSS has been the topic of a number of other reports. BMO Capital Markets reiterated an “outperform” rating and issued a $67.00 price objective (up from $64.00) on shares of Total System Services in a research note on Thursday, June 22nd. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 price objective (up from $65.00) on shares of Total System Services in a research note on Thursday, July 13th. First Analysis lowered Total System Services from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $60.00 to $63.00 in a research note on Wednesday, May 3rd. They noted that the move was a valuation call. Morgan Stanley reiterated an “equal weight” rating and issued a $63.00 price objective (up from $58.00) on shares of Total System Services in a research note on Wednesday. Finally, Zacks Investment Research upgraded Total System Services from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research note on Wednesday, May 31st. Eight equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $63.00.

Shares of Total System Services (NYSE TSS) traded down 1.45% during midday trading on Thursday, reaching $63.09. The company’s stock had a trading volume of 1,971,927 shares. Total System Services has a 12 month low of $46.22 and a 12 month high of $64.94. The stock has a market capitalization of $11.61 billion, a P/E ratio of 34.80 and a beta of 1.12. The stock’s 50-day moving average is $59.72 and its 200 day moving average is $56.02.

Total System Services (NYSE:TSS) last announced its quarterly earnings results on Tuesday, July 25th. The credit services provider reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.05. Total System Services had a return on equity of 25.98% and a net margin of 8.78%. The company had revenue of $844.07 million during the quarter, compared to analysts’ expectations of $842.57 million. During the same quarter in the previous year, the firm earned $0.74 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, analysts expect that Total System Services will post $3.28 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Total System Services’ (NYSE:TSS) “Buy” Rating Reiterated at Keefe, Bruyette & Woods” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/07/27/total-system-services-nysetss-buy-rating-reiterated-at-keefe-bruyette-woods.html.

In other Total System Services news, Chairman M Troy Woods sold 6,500 shares of Total System Services stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $57.30, for a total transaction of $372,450.00. Following the sale, the chairman now directly owns 285,966 shares of the company’s stock, valued at $16,385,851.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard W. Ussery sold 48,000 shares of Total System Services stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $59.19, for a total value of $2,841,120.00. Following the sale, the director now directly owns 219,968 shares in the company, valued at $13,019,905.92. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in TSS. Leavell Investment Management Inc. raised its stake in Total System Services by 5.1% in the first quarter. Leavell Investment Management Inc. now owns 105,169 shares of the credit services provider’s stock valued at $5,622,000 after buying an additional 5,125 shares during the last quarter. Dalton Greiner Hartman Maher & Co. raised its stake in Total System Services by 4.1% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 5,681 shares of the credit services provider’s stock valued at $304,000 after buying an additional 222 shares during the last quarter. Bank of Montreal Can raised its stake in Total System Services by 10.0% in the first quarter. Bank of Montreal Can now owns 318,717 shares of the credit services provider’s stock valued at $17,039,000 after buying an additional 28,909 shares during the last quarter. Quantitative Systematic Strategies LLC raised its stake in Total System Services by 58.7% in the first quarter. Quantitative Systematic Strategies LLC now owns 16,486 shares of the credit services provider’s stock valued at $881,000 after buying an additional 6,101 shares during the last quarter. Finally, Gulf International Bank UK Ltd raised its stake in Total System Services by 1.7% in the first quarter. Gulf International Bank UK Ltd now owns 54,542 shares of the credit services provider’s stock valued at $2,915,000 after buying an additional 900 shares during the last quarter. 75.22% of the stock is currently owned by institutional investors.

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.

Analyst Recommendations for Total System Services (NYSE:TSS)

Receive News & Ratings for Total System Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total System Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.