Total System Services, Inc. (NYSE:TSS) hit a new 52-week high during trading on Thursday . The stock traded as high as $76.04 and last traded at $74.81, with a volume of 1477400 shares traded. The stock had previously closed at $74.02.

Several equities research analysts have recently commented on TSS shares. Stephens boosted their price target on Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 25th. Zacks Investment Research lowered Total System Services from a “buy” rating to a “hold” rating in a research note on Tuesday, August 29th. Barclays boosted their price target on Total System Services from $72.00 to $78.00 and gave the stock 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 boosted their price target on Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. Total System Services presently has an average rating of “Buy” and an average target price of $69.36.

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $13,850.00, a P/E ratio of 23.57, a PEG ratio of 1.82 and a beta of 1.10.

Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $852.80 million for the quarter, compared to analyst estimates of $842.30 million. During the same quarter in the prior year, the company earned $0.71 EPS. Total System Services’s revenue was up 8.0% on a year-over-year basis. equities analysts forecast that Total System Services, Inc. will post 3.2 EPS for the current year.

In related news, EVP Patricia A. Watson sold 23,608 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $74.01, for a total value of $1,747,228.08. Following the sale, the executive vice president now owns 21,112 shares of the company’s stock, valued at approximately $1,562,499.12. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by corporate insiders.

Hedge funds have recently bought and sold shares of the stock. Visionary Asset Management Inc. acquired a new position in Total System Services in the 3rd quarter valued at $399,000. IFM Investors Pty Ltd acquired a new position in Total System Services in the 3rd quarter valued at $377,000. Sterling Capital Management LLC raised its holdings in Total System Services by 1,366.8% in the 3rd quarter. Sterling Capital Management LLC now owns 300,170 shares of the credit services provider’s stock valued at $19,661,000 after acquiring an additional 279,706 shares during the last quarter. Neuberger Berman Group LLC raised its holdings in Total System Services by 90.9% in the 3rd quarter. Neuberger Berman Group LLC now owns 319,843 shares of the credit services provider’s stock valued at $20,950,000 after acquiring an additional 152,268 shares during the last quarter. Finally, California Public Employees Retirement System raised its holdings in Total System Services by 6.4% in the 3rd quarter. California Public Employees Retirement System now owns 423,194 shares of the credit services provider’s stock valued at $27,719,000 after acquiring an additional 25,294 shares during the last quarter. 76.09% of the stock is currently owned by hedge funds and other 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.

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