Caldera Capital LLC Has $4.41 Million Stake in Total System Services, Inc. (TSS)

Caldera Capital LLC reduced its position in Total System Services, Inc. (NYSE:TSS) by 72.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,725 shares of the credit services provider’s stock after selling 198,905 shares during the quarter. Total System Services comprises about 4.1% of Caldera Capital LLC’s holdings, making the stock its 9th biggest holding. Caldera Capital LLC’s holdings in Total System Services were worth $4,410,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Regentatlantic Capital LLC boosted its position in shares of Total System Services by 0.4% in the second quarter. Regentatlantic Capital LLC now owns 4,756 shares of the credit services provider’s stock valued at $277,000 after acquiring an additional 19 shares during the period. OLD National Bancorp IN boosted its position in shares of Total System Services by 0.6% in the second quarter. OLD National Bancorp IN now owns 3,882 shares of the credit services provider’s stock valued at $226,000 after acquiring an additional 25 shares during the period. Capital Investment Advisors LLC boosted its position in shares of Total System Services by 0.3% in the second quarter. Capital Investment Advisors LLC now owns 18,983 shares of the credit services provider’s stock valued at $1,106,000 after acquiring an additional 54 shares during the period. Stratos Wealth Partners LTD. boosted its position in shares of Total System Services by 1.4% in the second quarter. Stratos Wealth Partners LTD. now owns 4,445 shares of the credit services provider’s stock valued at $259,000 after acquiring an additional 60 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Total System Services by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,305 shares of the credit services provider’s stock valued at $717,000 after acquiring an additional 64 shares during the period. Institutional investors own 76.14% of the company’s stock.

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Shares of Total System Services, Inc. (NYSE TSS) traded down 0.68% during midday trading on Friday, hitting $66.70. 1,509,017 shares of the stock were exchanged. Total System Services, Inc. has a 52-week low of $46.22 and a 52-week high of $70.62. The firm has a market cap of $12.29 billion, a PE ratio of 32.36 and a beta of 1.13. The firm’s 50-day moving average is $66.18 and its 200 day moving average is $59.28.

Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, July 25th. The credit services provider reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.05. The firm had revenue of $844.07 million during the quarter, compared to the consensus estimate of $842.57 million. Total System Services had a return on equity of 25.49% and a net margin of 8.78%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 EPS. On average, analysts forecast that Total System Services, Inc. will post $3.28 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 29th will be given a dividend of $0.13 per share. This is an increase from Total System Services’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Wednesday, September 20th. Total System Services’s dividend payout ratio is currently 19.51%.

A number of equities analysts have recently commented on the stock. Cowen and Company restated a “buy” rating and issued a $67.00 price objective on shares of Total System Services in a research report on Thursday, September 7th. Bank of America Corporation started coverage on shares of Total System Services in a research report on Tuesday, September 12th. They issued an “underperform” rating and a $64.00 price objective for the company. KeyCorp reiterated an “overweight” rating on shares of Total System Services in a research report on Thursday, August 31st. Zacks Investment Research upgraded shares of Total System Services from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Wednesday, August 30th. Finally, Royal Bank Of Canada started coverage on shares of Total System Services in a research report on Monday, August 28th. They set an “outperform” rating and a $75.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $65.25.

In related news, CFO Paul M. Todd sold 4,057 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $63.50, for a total value of $257,619.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP G Sanders Griffith III sold 18,472 shares of the firm’s stock in a transaction on Friday, July 28th. The stock was sold at an average price of $63.25, for a total value of $1,168,354.00. Following the completion of the sale, the executive vice president now owns 187,684 shares of the company’s stock, valued at $11,871,013. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 243,503 shares of company stock valued at $15,490,969. 2.60% of the stock is owned by corporate insiders.

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.

Institutional Ownership by Quarter for Total System Services (NYSE:TSS)

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