Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stake in Total System Services, Inc. (TSS)

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Total System Services, Inc. (NYSE:TSS) by 5.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,748 shares of the credit services provider’s stock after purchasing an additional 2,135 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Total System Services were worth $2,669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Regentatlantic Capital LLC boosted its holdings 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 worth $277,000 after buying an additional 19 shares during the period. OLD National Bancorp IN boosted its holdings 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 worth $226,000 after buying an additional 25 shares during the period. Sentry Investment Management LLC boosted its holdings in shares of Total System Services by 0.4% in the second quarter. Sentry Investment Management LLC now owns 11,216 shares of the credit services provider’s stock worth $653,000 after buying an additional 44 shares during the period. Stratos Wealth Partners LTD. lifted 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 worth $259,000 after purchasing an additional 60 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted 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 worth $717,000 after purchasing an additional 64 shares in the last quarter. Institutional investors own 75.23% of the company’s stock.

Total System Services, Inc. (NYSE TSS) opened at $73.38 on Tuesday. Total System Services, Inc. has a 52-week low of $47.01 and a 52-week high of $74.44. The company has a market cap of $13,520.00, a P/E ratio of 23.50, a PEG ratio of 1.81 and a beta of 1.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03.

Total System Services (NYSE:TSS) last released its quarterly 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 net margin of 8.73% and a return on equity of 26.25%. The company had revenue of $852.80 million for the quarter, compared to analyst estimates of $842.30 million. During the same quarter last year, the firm posted $0.71 earnings per share. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. sell-side analysts forecast that Total System Services, Inc. will post 3.2 EPS for the current year.

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In other news, EVP Patricia A. Watson sold 23,608 shares of Total System Services stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total value of $1,747,228.08. Following the transaction, the executive vice president now owns 21,112 shares of the company’s stock, valued at $1,562,499.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.60% of the company’s stock.

TSS has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Total System Services from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. BMO Capital Markets increased their price target on shares of Total System Services from $70.00 to $77.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Cowen and Company reissued a “buy” rating and issued a $67.00 price target on shares of Total System Services in a research report on Thursday, September 7th. Robert W. Baird increased their price target on shares of Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Finally, KeyCorp reissued an “overweight” rating on shares of Total System Services in a research report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Total System Services presently has an average rating of “Buy” and a consensus target price of $69.36.

Total System Services 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.

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

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