Morgan Stanley restated their hold rating on shares of Total System Services, Inc. (NYSE:TSS) in a research note issued to investors on Thursday morning.

A number of other research analysts have also recently commented on the company. Royal Bank Of Canada reiterated a buy rating and issued a $75.00 price objective on shares of Total System Services in a report on Monday, October 30th. Jefferies Group LLC upped their price objective on Total System Services from $59.00 to $73.00 and gave the company a hold rating in a report on Monday, October 30th. Citigroup Inc. upped their price objective on Total System Services from $71.00 to $78.00 and gave the company a buy rating in a report on Wednesday, October 25th. Barclays PLC upped their price objective on Total System Services from $78.00 to $80.00 and gave the company an overweight rating in a report on Wednesday, October 25th. Finally, Deutsche Bank AG upped their price objective on Total System Services from $65.00 to $72.00 and gave the company a hold rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $69.36.

Total System Services (NYSE:TSS) opened at $73.78 on Thursday. The firm has a market capitalization of $13,564.17, a P/E ratio of 23.50, a PEG ratio of 1.81 and a beta of 1.11. Total System Services has a twelve month low of $47.01 and a twelve month high of $74.44. 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 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.07. The business had revenue of $852.80 million for the quarter, compared to analysts’ expectations of $842.30 million. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.71 EPS. research analysts predict that Total System Services will post 3.2 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the company. Synovus Financial Corp increased its position in shares of Total System Services by 1.0% during the second quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock worth $798,579,000 after acquiring an additional 134,998 shares during the period. Nationwide Fund Advisors increased its position in shares of Total System Services by 21.4% during the second 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 during the period. Gotham Asset Management LLC increased its position in shares of Total System Services by 801.6% during the second 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 during the period. South Dakota Investment Council purchased a new stake in shares of Total System Services during the second quarter worth $711,000. Finally, Aviva PLC increased its position in shares of Total System Services by 10.6% during the second 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 during the period. 75.23% of the stock is currently owned by institutional investors and hedge funds.

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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