Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Position in Total System Services, Inc. (TSS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Total System Services, Inc. (NYSE:TSS) by 10.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,635 shares of the credit services provider’s stock after acquiring an additional 1,330 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Total System Services were worth $893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of Total System Services by 24.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 311,561 shares of the credit services provider’s stock worth $20,260,000 after acquiring an additional 60,848 shares in the last quarter. Legal & General Group Plc grew its position in Total System Services by 1.9% during the 3rd quarter. Legal & General Group Plc now owns 882,775 shares of the credit services provider’s stock valued at $57,822,000 after purchasing an additional 16,094 shares during the last quarter. Great West Life Assurance Co. Can grew its position in Total System Services by 0.7% during the 3rd quarter. Great West Life Assurance Co. Can now owns 120,499 shares of the credit services provider’s stock valued at $7,825,000 after purchasing an additional 893 shares during the last quarter. ETRADE Capital Management LLC grew its position in Total System Services by 13.6% during the 3rd quarter. ETRADE Capital Management LLC now owns 6,927 shares of the credit services provider’s stock valued at $454,000 after purchasing an additional 827 shares during the last quarter. Finally, Norinchukin Bank The grew its position in Total System Services by 8.6% during the 3rd quarter. Norinchukin Bank The now owns 12,478 shares of the credit services provider’s stock valued at $817,000 after purchasing an additional 984 shares during the last quarter. Institutional investors own 76.09% of the company’s stock.

Shares of Total System Services, Inc. (TSS) traded up $0.79 during midday trading on Thursday, hitting $74.81. 1,477,400 shares of the stock were exchanged, compared to its average volume of 1,262,331. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market cap 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, Inc. has a 12-month low of $47.84 and a 12-month high of $75.20.

Total System Services (NYSE:TSS) last announced its quarterly 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. The firm had revenue of $852.80 million for 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 business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS. equities research analysts forecast that Total System Services, Inc. will post 3.2 EPS for the current fiscal year.

TSS has been the topic of several recent analyst reports. Cowen reissued a “buy” rating and set a $67.00 price objective on shares of Total System Services in a research report on Thursday, September 7th. Robert W. Baird reissued a “buy” rating on shares of Total System Services in a research report on Tuesday, September 26th. Zacks Investment Research raised shares of Total System Services from a “hold” rating to a “buy” rating and set a $76.00 price objective on the stock in a research report on Wednesday, August 30th. Royal Bank Of Canada reissued a “buy” rating and set a $75.00 price objective on shares of Total System Services in a research report on Friday, September 29th. Finally, Nomura increased their price objective on shares of Total System Services from $71.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $69.36.

In other news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $74.01, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

WARNING: “Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Position in Total System Services, Inc. (TSS)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3080286/commonwealth-of-pennsylvania-public-school-empls-retrmt-sys-raises-position-in-total-system-services-inc-tss.html.

About Total System Services

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.

Want to see what other hedge funds are holding TSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Total System Services, Inc. (NYSE:TSS).

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

Receive News & Ratings for Total System Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total System Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.