Gulf International Bank UK Ltd increased its position in shares of Total System Services, Inc. (NYSE:TSS) by 2.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,292 shares of the credit services provider’s stock after acquiring an additional 1,500 shares during the period. Gulf International Bank UK Ltd’s holdings in Total System Services were worth $5,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its stake in shares of Total System Services by 156.8% during the third quarter. Stratos Wealth Partners LTD. now owns 10,848 shares of the credit services provider’s stock valued at $1,071,000 after acquiring an additional 6,624 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Total System Services by 9.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 17,005 shares of the credit services provider’s stock valued at $1,568,000 after acquiring an additional 1,517 shares during the last quarter. Willingdon Wealth Management bought a new position in shares of Total System Services during the third quarter valued at $150,000. Kaizen Advisory LLC raised its stake in shares of Total System Services by 2,685.5% during the third quarter. Kaizen Advisory LLC now owns 11,170 shares of the credit services provider’s stock valued at $1,103,000 after acquiring an additional 10,769 shares during the last quarter. Finally, Signition LP bought a new position in shares of Total System Services during the third quarter valued at $387,000. Institutional investors and hedge funds own 76.92% of the company’s stock.

Shares of NYSE TSS opened at $91.97 on Friday. Total System Services, Inc. has a twelve month low of $71.67 and a twelve month high of $100.39. The firm has a market cap of $16.96 billion, a P/E ratio of 28.56, a PEG ratio of 1.55 and a beta of 1.21. The company has a quick ratio of 2.55, a current ratio of 2.57 and a debt-to-equity ratio of 1.47.

Total System Services (NYSE:TSS) last announced its earnings results on Tuesday, October 23rd. The credit services provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. Total System Services had a net margin of 15.93% and a return on equity of 30.28%. The business had revenue of $964.60 million during the quarter, compared to the consensus estimate of $950.55 million. During the same quarter last year, the firm earned $0.88 earnings per share. Total System Services’s quarterly revenue was up 13.1% on a year-over-year basis. On average, research analysts predict that Total System Services, Inc. will post 4.25 EPS for the current fiscal year.

TSS has been the subject of several analyst reports. Nomura reaffirmed a “buy” rating and set a $96.00 price target on shares of Total System Services in a research note on Wednesday, July 25th. Zacks Investment Research raised shares of Total System Services from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a research note on Monday, July 30th. Oppenheimer raised shares of Total System Services from a “market perform” rating to an “outperform” rating and set a $110.00 price target for the company in a research note on Thursday, September 6th. UBS Group raised shares of Total System Services from a “market perform” rating to an “outperform” rating in a research note on Thursday, September 6th. Finally, Citigroup raised their price target on shares of Total System Services from $104.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, July 25th. Seven equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Total System Services currently has an average rating of “Buy” and an average price target of $96.11.

In related news, EVP Dorenda K. Weaver sold 5,009 shares of Total System Services stock in a transaction on Friday, September 14th. The shares were sold at an average price of $99.00, for a total transaction of $495,891.00. Following the completion of the transaction, the executive vice president now owns 44,358 shares of the company’s stock, valued at $4,391,442. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.40% of the stock is owned by company insiders.

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Total System Services Company Profile

Total System Services, Inc provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company operates through three segments: Merchant Solutions, Issuer Solutions, and Netspend. It offers general purpose reloadable prepaid and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers and businesses.

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

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