Total System Services, Inc. (NYSE:TSS) has been assigned an average recommendation of “Buy” from the twenty-eight brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $69.95.

TSS has been the topic of several recent research reports. Stephens upped their price objective on Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 25th. Zacks Investment Research lowered Total System Services from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Barclays upped their price objective on Total System Services from $72.00 to $78.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 11th. Morgan Stanley restated a “hold” rating on shares of Total System Services in a research report on Thursday, November 16th. Finally, Robert W. Baird upped their price objective on Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th.

In other news, EVP Patricia A. Watson sold 23,608 shares of Total System Services stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $74.01, for a total value of $1,747,228.08. Following the completion of the transaction, the executive vice president now owns 21,112 shares in the company, valued at approximately $1,562,499.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.60% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Synovus Financial Corp boosted its stake in shares of Total System Services by 1.0% in the 2nd quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock valued at $798,579,000 after buying an additional 134,998 shares during the period. Nationwide Fund Advisors raised its position in shares of Total System Services by 21.4% during the 2nd quarter. Nationwide Fund Advisors now owns 363,203 shares of the credit services provider’s stock worth $21,157,000 after acquiring an additional 64,038 shares in the last quarter. Gotham Asset Management LLC raised its position in shares of Total System Services by 801.6% during the 2nd quarter. Gotham Asset Management LLC now owns 114,449 shares of the credit services provider’s stock worth $6,667,000 after acquiring an additional 101,755 shares in the last quarter. South Dakota Investment Council acquired a new stake in shares of Total System Services during the 2nd quarter worth about $711,000. Finally, Aviva PLC raised its position in shares of Total System Services by 10.6% during the 2nd quarter. Aviva PLC now owns 106,880 shares of the credit services provider’s stock worth $6,227,000 after acquiring an additional 10,240 shares in the last quarter. Institutional investors and hedge funds own 76.09% of the company’s stock.

Shares of Total System Services (NYSE TSS) traded up $0.79 during midday trading on Thursday, reaching $74.81. The company had a trading volume of 1,477,400 shares, compared to its average volume of 1,262,331. The stock has a market capitalization of $13,608.30, a price-to-earnings ratio of 23.57, a P/E/G ratio of 1.82 and a beta of 1.10. Total System Services has a 52-week low of $47.84 and a 52-week high of $75.20. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.02.

Total System Services (NYSE:TSS) last issued its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.07. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. The firm had revenue of $852.80 million for the quarter, compared to analyst estimates of $842.30 million. During the same quarter in the prior year, the firm earned $0.71 earnings per share. Total System Services’s revenue for the quarter was up 8.0% on a year-over-year basis. sell-side analysts anticipate that Total System Services will post 3.2 earnings per share for the current year.

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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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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