Total System Services Inc. (NYSE:TSS) saw strong trading volume on Thursday . 2,674,870 shares changed hands during mid-day trading, an increase of 135% from the previous session’s volume of 1,138,630 shares.The stock last traded at $52.30 and had previously closed at $51.33.

Several equities research analysts have commented on the company. Credit Suisse Group AG set a $58.00 price objective on Total System Services and gave the stock a “hold” rating in a research report on Wednesday. Barclays PLC restated a “buy” rating on shares of Total System Services in a research report on Saturday, July 9th. Wood & Company restated a “sell” rating on shares of Total System Services in a research report on Thursday, May 19th. Robert W. Baird restated a “hold” rating on shares of Total System Services in a research report on Monday, May 16th. Finally, Citigroup Inc. upped their price objective on Total System Services from $61.00 to $63.00 and gave the stock a “buy” rating in a research report on Monday, June 13th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $52.11.

The stock has a 50 day moving average price of $53.20 and a 200 day moving average price of $48.81. The firm has a market capitalization of $9.61 billion and a PE ratio of 26.60.

Total System Services (NYSE:TSS) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.02. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. The company’s revenue was up 66.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.58 EPS. On average, analysts predict that Total System Services Inc. will post $2.81 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Thursday, June 23rd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, June 21st. This represents a $0.40 dividend on an annualized basis and a yield of 0.76%.

In other news, Director Philip W. Tomlinson sold 38,000 shares of the company’s stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $53.93, for a total value of $2,049,340.00. Following the sale, the director now directly owns 236,179 shares in the company, valued at $12,737,133.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Philip W. Tomlinson sold 57,433 shares of the company’s stock in a transaction on Friday, May 20th. The shares were sold at an average price of $53.90, for a total value of $3,095,638.70. Following the completion of the sale, the director now owns 184,156 shares in the company, valued at $9,926,008.40. The disclosure for this sale can be found here.

Several hedge funds recently modified their holdings of TSS. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Total System Services by 6.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 22,108 shares of the company’s stock valued at $1,101,000 after buying an additional 1,277 shares in the last quarter. BOKF NA increased its stake in shares of Total System Services by 7.8% in the fourth quarter. BOKF NA now owns 24,296 shares of the company’s stock valued at $1,210,000 after buying an additional 1,751 shares in the last quarter. Utah Retirement Systems increased its stake in shares of Total System Services by 0.3% in the fourth quarter. Utah Retirement Systems now owns 29,627 shares of the company’s stock valued at $1,476,000 after buying an additional 100 shares in the last quarter. UBS Oconnor LLC bought a new stake in shares of Total System Services during the fourth quarter valued at about $2,054,000. Finally, Airain ltd bought a new stake in shares of Total System Services during the fourth quarter valued at about $2,497,000.

Total System Services, Inc (TSYS) is a payment solutions provider that provides services to financial and nonfinancial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services. The Company also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants.

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