Total System Services Inc. (NYSE:TSS)’s share price was down 1.1% during mid-day trading on Monday . The stock traded as low as $48.29 and last traded at $48.30, with a volume of 303,354 shares changing hands. The stock had previously closed at $48.83.

Several equities analysts have recently issued reports on TSS shares. Zacks Investment Research lowered Total System Services from a “buy” rating to a “hold” rating in a report on Friday, July 29th. Robert W. Baird raised Total System Services from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a report on Friday, August 12th. Jefferies Group reaffirmed a “hold” rating and issued a $55.00 target price (up from $50.00) on shares of Total System Services in a report on Thursday, July 28th. Morgan Stanley reaffirmed a “hold” rating and issued a $54.00 target price on shares of Total System Services in a report on Thursday, July 28th. Finally, First Analysis upgraded Total System Services from an “equal weight” rating to an “overweight” rating and set a $62.00 price objective on the stock in a research note on Thursday, July 28th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. Total System Services presently has an average rating of “Hold” and a consensus price target of $52.83.

The company’s 50-day moving average price is $52.03 and its 200-day moving average price is $49.29. The stock has a market cap of $8.76 billion and a price-to-earnings ratio of 24.28.

Total System Services (NYSE:TSS) last issued its earnings results on Tuesday, July 26th. The company reported $0.74 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.02. During the same quarter in the prior year, the company earned $0.58 earnings per share. The company earned $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. Total System Services’s revenue was up 66.2% on a year-over-year basis. Equities analysts forecast that Total System Services Inc. will post $2.81 EPS for the current year.

In other Total System Services news, CEO M Troy Woods sold 680 shares of the company’s stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $53.22, for a total value of $36,189.60. Following the transaction, the chief executive officer now directly owns 345,300 shares in the company, valued at approximately $18,376,866. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Philip W. Tomlinson sold 38,000 shares of the company’s stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $53.93, for a total transaction of $2,049,340.00. Following the completion of the transaction, the director now owns 236,179 shares in the company, valued at $12,737,133.47. The disclosure for this sale can be found here.

Several large investors have made changes to their positions in TSS. Principal Financial Group Inc. boosted its stake in shares of Total System Services by 102.7% in the fourth quarter. Principal Financial Group Inc. now owns 641,371 shares of the company’s stock valued at $31,940,000 after buying an additional 324,997 shares during the last quarter. Airain ltd acquired a new stake in shares of Total System Services during the fourth quarter valued at $2,497,000. BNP Paribas Arbitrage SA boosted its stake in shares of Total System Services by 102.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 85,502 shares of the company’s stock valued at $4,258,000 after buying an additional 43,258 shares during the last quarter. KBC Group NV boosted its stake in shares of Total System Services by 37.3% in the fourth quarter. KBC Group NV now owns 133,734 shares of the company’s stock valued at $6,660,000 after buying an additional 36,308 shares during the last quarter. Finally, Eaton Vance Management boosted its stake in shares of Total System Services by 19.8% in the fourth quarter. Eaton Vance Management now owns 111,131 shares of the company’s stock valued at $5,534,000 after buying an additional 18,396 shares during the last quarter.

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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