Credit Suisse Group reiterated their neutral rating on shares of Total System Services (NYSE:TSS) in a research note released on Wednesday morning, The Fly reports. Credit Suisse Group currently has a $87.00 price objective on the credit services provider’s stock, up from their prior price objective of $73.00.

TSS has been the subject of several other research reports. Stephens raised their price objective on shares of Total System Services from $70.00 to $75.00 and gave the company an overweight rating in a research note on Wednesday, October 25th. Zacks Investment Research raised shares of Total System Services from a hold rating to a buy rating and set a $86.00 price objective for the company in a research note on Friday, December 15th. Barclays raised their price objective on shares of Total System Services from $72.00 to $78.00 and gave the company an overweight rating in a research note on Wednesday, October 11th. Morgan Stanley reissued a hold rating on shares of Total System Services in a research note on Thursday, November 16th. Finally, Robert W. Baird raised their price objective on shares of Total System Services from $76.00 to $78.00 and gave the company an outperform rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $75.19.

Total System Services (TSS) opened at $83.25 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.02. Total System Services has a 12 month low of $49.98 and a 12 month high of $83.43. The company has a market cap of $15,305.18, a P/E ratio of 26.51, a PEG ratio of 1.86 and a beta of 1.10.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, beating the Thomson Reuters’ 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 business had revenue of $852.80 million during 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 business’s revenue for the quarter was up 8.0% compared to the same quarter last year. sell-side analysts expect that Total System Services will post 3.2 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Thursday, December 21st were paid a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $0.52 dividend on an annualized basis and a yield of 0.62%. Total System Services’s dividend payout ratio is currently 23.11%.

In related 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 completion of the transaction, the executive vice president now owns 21,112 shares in the company, valued at $1,562,499.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.60% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the company. State of Alaska Department of Revenue lifted its position in shares of Total System Services by 83.9% during the 4th quarter. State of Alaska Department of Revenue now owns 39,238 shares of the credit services provider’s stock worth $3,101,000 after buying an additional 17,900 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Total System Services during the 4th quarter worth approximately $109,000. Capital Investment Advisors LLC lifted its position in shares of Total System Services by 6.4% during the 4th quarter. Capital Investment Advisors LLC now owns 19,472 shares of the credit services provider’s stock worth $1,540,000 after buying an additional 1,176 shares during the last quarter. National Pension Service lifted its position in shares of Total System Services by 36,211.0% during the 4th quarter. National Pension Service now owns 205,520 shares of the credit services provider’s stock worth $16,255,000 after buying an additional 204,954 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in shares of Total System Services by 69.9% during the 4th quarter. Bank of Montreal Can now owns 388,340 shares of the credit services provider’s stock worth $30,714,000 after buying an additional 159,790 shares during the last quarter. Institutional investors and hedge funds own 75.95% of the company’s stock.

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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.

The Fly

Analyst Recommendations for Total System Services (NYSE:TSS)

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