Total System Services, Inc. (TSS) Shares Sold by LS Investment Advisors LLC

LS Investment Advisors LLC trimmed its stake in shares of Total System Services, Inc. (NYSE:TSS) by 23.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,381 shares of the credit services provider’s stock after selling 1,609 shares during the quarter. LS Investment Advisors LLC’s holdings in Total System Services were worth $437,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its stake in Total System Services by 33.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 6,686 shares of the credit services provider’s stock valued at $544,000 after purchasing an additional 1,692 shares in the last quarter. State Treasurer State of Michigan increased its stake in Total System Services by 289.6% in the 4th quarter. State Treasurer State of Michigan now owns 288,753 shares of the credit services provider’s stock valued at $23,473,000 after purchasing an additional 214,630 shares in the last quarter. Creative Planning increased its stake in Total System Services by 0.3% in the 4th quarter. Creative Planning now owns 385,031 shares of the credit services provider’s stock valued at $31,299,000 after purchasing an additional 968 shares in the last quarter. Dupont Capital Management Corp increased its stake in Total System Services by 19.6% in the 4th quarter. Dupont Capital Management Corp now owns 1,185 shares of the credit services provider’s stock valued at $96,000 after purchasing an additional 194 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in Total System Services by 153.0% in the 4th quarter. SG Americas Securities LLC now owns 74,413 shares of the credit services provider’s stock valued at $6,049,000 after purchasing an additional 45,000 shares in the last quarter. 78.55% of the stock is owned by institutional investors.

In other news, CAO Dorenda K. Weaver sold 2,297 shares of the firm’s stock in a transaction on Friday, February 8th. The stock was sold at an average price of $91.23, for a total transaction of $209,555.31. Following the sale, the chief accounting officer now owns 49,489 shares in the company, valued at $4,514,881.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Paul M. Todd sold 10,739 shares of the firm’s stock in a transaction on Friday, February 8th. The stock was sold at an average price of $91.23, for a total value of $979,718.97. Following the sale, the chief financial officer now owns 62,891 shares in the company, valued at approximately $5,737,545.93. The disclosure for this sale can be found here. Insiders have sold 72,121 shares of company stock valued at $6,579,599 in the last three months. 2.40% of the stock is currently owned by company insiders.

Total System Services stock opened at $91.73 on Wednesday. The company has a quick ratio of 2.57, a current ratio of 2.21 and a debt-to-equity ratio of 1.50. The firm has a market cap of $16.75 billion, a price-to-earnings ratio of 21.53, a P/E/G ratio of 1.40 and a beta of 1.09. Total System Services, Inc. has a fifty-two week low of $75.58 and a fifty-two week high of $100.39.

Total System Services (NYSE:TSS) last released its quarterly earnings results on Tuesday, January 29th. The credit services provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $968.62 million. Total System Services had a return on equity of 30.94% and a net margin of 14.31%. On average, research analysts anticipate that Total System Services, Inc. will post 4.64 EPS for the current year.

Several equities analysts recently weighed in on the company. BMO Capital Markets raised their price objective on Total System Services from $94.00 to $101.00 and gave the company a “market perform” rating in a research note on Thursday, October 25th. KeyCorp raised their price objective on Total System Services from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, October 24th. Wells Fargo & Co raised their price objective on Total System Services from $100.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, October 24th. Nomura raised their price objective on Total System Services from $107.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, October 24th. Finally, Zacks Investment Research raised Total System Services from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Total System Services presently has an average rating of “Buy” and a consensus target price of $98.53.

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Total System Services 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.

Further Reading: Ex-Dividend

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

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