M Troy Woods Sells 47,812 Shares of Total System Services, Inc. (TSS) Stock

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Total System Services, Inc. (NYSE:TSS) Chairman M Troy Woods sold 47,812 shares of the company’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 $4,361,888.76. Following the transaction, the chairman now owns 256,989 shares of the company’s stock, valued at approximately $23,445,106.47. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

TSS stock opened at $91.93 on Thursday. Total System Services, Inc. has a 1 year low of $75.58 and a 1 year high of $100.39. The firm has a market capitalization of $16.75 billion, a PE ratio of 21.58, a PEG ratio of 1.40 and a beta of 1.09. The company has a current ratio of 2.21, a quick ratio of 2.57 and a debt-to-equity ratio of 1.50.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kings Point Capital Management increased its stake in Total System Services by 72.7% in the 4th quarter. Kings Point Capital Management now owns 56,987 shares of the credit services provider’s stock worth $4,632,000 after acquiring an additional 23,985 shares during the last quarter. RMB Capital Management LLC bought a new stake in shares of Total System Services in the fourth quarter worth about $2,176,000. Geode Capital Management LLC boosted its position in shares of Total System Services by 7.9% during the fourth quarter. Geode Capital Management LLC now owns 2,151,897 shares of the credit services provider’s stock valued at $174,616,000 after buying an additional 157,929 shares during the period. Fort L.P. boosted its holdings in shares of Total System Services by 68.1% in the fourth quarter. Fort L.P. now owns 19,203 shares of the credit services provider’s stock valued at $1,561,000 after purchasing an additional 7,782 shares during the period. Finally, California State Teachers Retirement System increased its position in shares of Total System Services by 2.5% during the fourth quarter. California State Teachers Retirement System now owns 295,198 shares of the credit services provider’s stock worth $23,997,000 after purchasing an additional 7,193 shares in the last quarter. Institutional investors and hedge funds own 78.55% of the company’s stock.

TSS has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Total System Services from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Nomura restated a “buy” rating on shares of Total System Services in a research report on Thursday, January 31st. KeyCorp boosted their price objective on shares of Total System Services from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, January 30th. Royal Bank of Canada lifted their price objective on shares of Total System Services to $110.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 30th. Finally, Jefferies Financial Group initiated coverage on shares of Total System Services in a research report on Monday, January 28th. They issued a “buy” rating and a $105.00 price objective on the stock. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $98.53.

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About Total System Services

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: Insider Trading

Insider Buying and Selling by Quarter for Total System Services (NYSE:TSS)

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