Total System Services, Inc. (TSS) Stake Lifted by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in shares of Total System Services, Inc. (NYSE:TSS) by 21.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,306 shares of the credit services provider’s stock after acquiring an additional 5,139 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Total System Services were worth $2,318,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Sentry Investment Management LLC increased its stake in shares of Total System Services by 0.4% during the second quarter. Sentry Investment Management LLC now owns 11,216 shares of the credit services provider’s stock worth $653,000 after acquiring an additional 44 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Total System Services by 3.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 8,536 shares of the credit services provider’s stock worth $497,000 after acquiring an additional 270 shares during the period. Wedge Capital Management L L P NC increased its stake in shares of Total System Services by 6.1% during the fourth quarter. Wedge Capital Management L L P NC now owns 11,679 shares of the credit services provider’s stock worth $924,000 after acquiring an additional 674 shares during the period. FineMark National Bank & Trust increased its stake in shares of Total System Services by 15.1% during the fourth quarter. FineMark National Bank & Trust now owns 5,257 shares of the credit services provider’s stock worth $416,000 after acquiring an additional 690 shares during the period. Finally, HighPoint Advisor Group LLC increased its stake in shares of Total System Services by 6.1% during the third quarter. HighPoint Advisor Group LLC now owns 12,535 shares of the credit services provider’s stock worth $905,000 after acquiring an additional 726 shares during the period. Institutional investors and hedge funds own 76.25% of the company’s stock.

In other Total System Services news, EVP Patricia A. Watson sold 23,608 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president now owns 21,112 shares of the company’s stock, valued at $1,562,499.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Patricia A. Watson sold 2,274 shares of the stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $83.35, for a total transaction of $189,537.90. Following the transaction, the executive vice president now directly owns 27,253 shares in the company, valued at approximately $2,271,537.55. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 107,150 shares of company stock worth $9,082,385. 2.60% of the stock is currently owned by insiders.

Total System Services, Inc. (NYSE TSS) opened at $83.35 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.03 and a current ratio of 1.09. The stock has a market cap of $15,323.56, a P/E ratio of 26.38, a P/E/G ratio of 1.44 and a beta of 1.13. Total System Services, Inc. has a one year low of $50.96 and a one year high of $89.92.

Total System Services (NYSE:TSS) last announced its quarterly earnings data on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. The business had revenue of $870.61 million for the quarter, compared to the consensus estimate of $848.20 million. Total System Services had a net margin of 11.90% and a return on equity of 26.21%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 earnings per share. research analysts forecast that Total System Services, Inc. will post 3.96 EPS for the current fiscal year.

TSS has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Total System Services from $63.00 to $69.00 and gave the stock an “equal weight” rating in a research note on Monday, October 23rd. Stifel Nicolaus restated a “hold” rating and set a $75.00 target price (up from $69.00) on shares of Total System Services in a research report on Wednesday, October 25th. Robert W. Baird upped their target price on shares of Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. BMO Capital Markets upped their target price on shares of Total System Services from $70.00 to $77.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Finally, Stephens upped their target price on shares of Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $82.08.

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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.

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

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