KeyCorp restated their buy rating on shares of Total System Services (NYSE:TSS) in a report released on Friday morning. They currently have a $85.00 price objective on the credit services provider’s stock.

Other analysts also recently issued research reports about the stock. Robert W. Baird restated a buy rating on shares of Total System Services in a research report on Tuesday, September 26th. Royal Bank of Canada restated a buy rating and set a $75.00 price objective on shares of Total System Services in a research report on Friday, September 29th. Cowen restated a buy rating and set a $67.00 price objective on shares of Total System Services in a research report on Thursday, September 7th. Zacks Investment Research upgraded shares of Total System Services from a hold rating to a buy rating and set a $76.00 price objective for the company in a research report on Wednesday, August 30th. Finally, Nomura boosted their price objective on shares of Total System Services from $71.00 to $79.00 and gave the stock a buy rating in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, sixteen have issued 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 price target of $71.84.

Shares of Total System Services (NYSE TSS) opened at $79.01 on Friday. The firm has a market cap of $14,305.06, a P/E ratio of 24.78, a PEG ratio of 1.91 and a beta of 1.10. 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 has a 12-month low of $48.65 and a 12-month high of $79.47.

Total System Services (NYSE:TSS) last issued its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, topping the 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%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 EPS. research analysts expect that Total System Services will post 3.2 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, December 21st will be given a $0.13 dividend. The ex-dividend date is Wednesday, December 20th. This represents a $0.52 annualized dividend and a yield of 0.66%. Total System Services’s dividend payout ratio (DPR) is 23.11%.

In related news, EVP Patricia A. Watson sold 23,608 shares of the company’s stock in a transaction 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 sale, the executive vice president now owns 21,112 shares in the company, valued at approximately $1,562,499.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Synovus Financial Corp increased its stake in Total System Services by 1.0% in the 2nd quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock valued at $798,579,000 after buying an additional 134,998 shares during the period. Nationwide Fund Advisors increased its stake in Total System Services by 21.4% in the 2nd quarter. Nationwide Fund Advisors now owns 363,203 shares of the credit services provider’s stock valued at $21,157,000 after buying an additional 64,038 shares during the period. Gotham Asset Management LLC increased its stake in Total System Services by 801.6% in the 2nd quarter. Gotham Asset Management LLC now owns 114,449 shares of the credit services provider’s stock valued at $6,667,000 after buying an additional 101,755 shares during the period. South Dakota Investment Council acquired a new position in Total System Services in the 2nd quarter valued at $711,000. Finally, Aviva PLC increased its stake in Total System Services by 10.6% in the 2nd quarter. Aviva PLC now owns 106,880 shares of the credit services provider’s stock valued at $6,227,000 after buying an additional 10,240 shares during the period. 76.09% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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