Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in Total System Services, Inc. (NYSE:TSS) by 9.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,483 shares of the credit services provider’s stock after acquiring an additional 3,205 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Total System Services were worth $2,455,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TSS. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Total System Services by 13.2% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,959 shares of the credit services provider’s stock worth $114,000 after buying an additional 228 shares in the last quarter. Acrospire Investment Management LLC raised its holdings in shares of Total System Services by 122.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the credit services provider’s stock worth $117,000 after buying an additional 1,100 shares in the last quarter. TLP Group LLC acquired a new position in shares of Total System Services during the 2nd quarter worth $122,000. Parkwood LLC acquired a new position in shares of Total System Services during the 3rd quarter worth $200,000. Finally, Doyle Wealth Management acquired a new position in shares of Total System Services during the 2nd quarter worth $205,000. 76.41% of the stock is owned by institutional investors.

A number of equities analysts have issued reports on TSS shares. Stephens upped their target price on Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. Zacks Investment Research cut Total System Services from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Barclays PLC upped their price target on Total System Services from $72.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday, October 11th. Robert W. Baird upped their price target on Total System Services from $76.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. Finally, Wells Fargo & Company upped their price target on Total System Services from $70.00 to $72.00 and gave the company an “outperform” rating in a research report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $69.36.

Shares of Total System Services, Inc. (NYSE:TSS) traded up $0.01 during midday trading on Wednesday, reaching $72.01. The company’s stock had a trading volume of 537,916 shares, compared to its average volume of 1,233,256. Total System Services, Inc. has a 1-year low of $47.01 and a 1-year high of $73.84. The company has a market capitalization of $13,570.97, a price-to-earnings ratio of 23.46, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11. The company has a current ratio of 1.03, a quick ratio of 1.09 and a debt-to-equity ratio of 1.02.

Total System Services (NYSE:TSS) last announced its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, beating the 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 business had revenue of $852.80 million during the quarter, compared to analyst estimates of $842.30 million. During the same period in the prior year, the company earned $0.71 earnings per share. Total System Services’s revenue was up 8.0% compared to the same quarter last year. equities research analysts anticipate that Total System Services, Inc. will post 3.2 earnings per share for the current fiscal year.

In other 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is owned by company insiders.

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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.

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

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