New York State Teachers Retirement System decreased its stake in shares of Total System Services, Inc. (NYSE:TSS) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 330,401 shares of the credit services provider’s stock after selling 3,074 shares during the quarter. New York State Teachers Retirement System owned 0.18% of Total System Services worth $21,641,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Synovus Financial Corp increased its holdings in shares of Total System Services by 1.0% during the 2nd quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock worth $798,579,000 after purchasing an additional 134,998 shares during the period. Nationwide Fund Advisors increased its stake in Total System Services by 21.4% in the second quarter. Nationwide Fund Advisors now owns 363,203 shares of the credit services provider’s stock valued at $21,157,000 after acquiring an additional 64,038 shares during the period. South Dakota Investment Council bought a new stake in Total System Services in the second quarter valued at about $711,000. Gotham Asset Management LLC increased its stake in Total System Services by 801.6% in the second quarter. Gotham Asset Management LLC now owns 114,449 shares of the credit services provider’s stock valued at $6,667,000 after acquiring an additional 101,755 shares during the period. Finally, Aviva PLC increased its stake in Total System Services by 10.6% in the second quarter. Aviva PLC now owns 106,880 shares of the credit services provider’s stock valued at $6,227,000 after acquiring an additional 10,240 shares during the period. Institutional investors own 76.41% of the company’s stock.

A number of analysts recently weighed in on TSS shares. Stifel Nicolaus reissued a “buy” rating and issued a $67.00 target price (up previously from $65.00) on shares of Total System Services in a research note on Thursday, July 13th. Zacks Investment Research raised shares of Total System Services from a “hold” rating to a “buy” rating and set a $67.00 target price on the stock in a research note on Friday, July 14th. BidaskClub raised shares of Total System Services from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. Cowen and Company reissued an “outperform” rating and issued a $67.00 target price on shares of Total System Services in a research note on Wednesday, July 26th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $63.00 target price (up previously from $58.00) on shares of Total System Services in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, nine have issued 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 has an average rating of “Buy” and an average target price of $69.36.

In related news, CFO Paul M. Todd sold 4,057 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $63.50, for a total transaction of $257,619.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.60% of the company’s stock.

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Shares of Total System Services, Inc. (NYSE:TSS) opened at $72.26 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.09 and a current ratio of 1.03. The firm has a market cap of $13,313.04, a P/E ratio of 23.01, a P/E/G ratio of 1.77 and a beta of 1.11. Total System Services, Inc. has a 12 month low of $47.01 and a 12 month high of $72.62.

Total System Services (NYSE:TSS) last posted its quarterly earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.07. The business had revenue of $852.80 million during the quarter, compared to the consensus estimate of $842.30 million. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. Total System Services’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 earnings per share. analysts predict that Total System Services, Inc. will post 3.2 EPS for the current year.

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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