BRYN MAWR TRUST Co raised its position in shares of Total System Services, Inc. (NYSE:TSS) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,364 shares of the credit services provider’s stock after acquiring an additional 690 shares during the period. BRYN MAWR TRUST Co’s holdings in Total System Services were worth $3,866,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TSS. American Century Companies Inc. boosted its holdings in shares of Total System Services by 6.1% during the first quarter. American Century Companies Inc. now owns 18,583 shares of the credit services provider’s stock worth $993,000 after acquiring an additional 1,075 shares during the period. US Bancorp DE boosted its holdings in shares of Total System Services by 1.1% during the first quarter. US Bancorp DE now owns 30,454 shares of the credit services provider’s stock worth $1,628,000 after acquiring an additional 341 shares during the period. Comerica Bank boosted its holdings in shares of Total System Services by 1.2% during the first quarter. Comerica Bank now owns 65,415 shares of the credit services provider’s stock worth $3,786,000 after acquiring an additional 797 shares during the period. Karp Capital Management Corp bought a new stake in shares of Total System Services during the first quarter worth approximately $1,879,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Total System Services by 29.1% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,241 shares of the credit services provider’s stock worth $654,000 after acquiring an additional 2,757 shares during the period. Institutional investors own 76.13% of the company’s stock.

Shares of Total System Services, Inc. (NYSE TSS) traded down 0.57% on Tuesday, reaching $65.99. 686,619 shares of the company’s stock traded hands. Total System Services, Inc. has a one year low of $46.22 and a one year high of $70.62. The company’s 50-day moving average price is $66.25 and its 200 day moving average price is $59.42. The firm has a market cap of $12.16 billion, a P/E ratio of 32.02 and a beta of 1.13.

Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, July 25th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.05. Total System Services had a net margin of 8.78% and a return on equity of 25.49%. The business had revenue of $844.07 million for the quarter, compared to analysts’ expectations of $842.57 million. During the same period in the prior year, the company posted $0.74 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities analysts forecast that Total System Services, Inc. will post $3.28 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 29th will be paid a $0.13 dividend. The ex-dividend date is Wednesday, September 20th. This is a boost from Total System Services’s previous quarterly dividend of $0.10. This represents a $0.52 annualized dividend and a yield of 0.78%. Total System Services’s dividend payout ratio is currently 19.51%.

In other Total System Services news, CFO Paul M. Todd sold 4,057 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $63.50, for a total value of $257,619.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP G Sanders Griffith III sold 18,472 shares of the stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $63.25, for a total transaction of $1,168,354.00. Following the completion of the sale, the executive vice president now owns 187,684 shares in the company, valued at $11,871,013. The disclosure for this sale can be found here. Insiders sold a total of 243,503 shares of company stock worth $15,490,969 over the last quarter. Corporate insiders own 2.60% of the company’s stock.

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TSS has been the subject of a number of research analyst reports. Zacks Investment Research cut Total System Services from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Northcoast Research assumed coverage on Total System Services in a report on Friday, June 30th. They set a “neutral” rating for the company. BMO Capital Markets reiterated an “outperform” rating and issued a $67.00 price target (up from $64.00) on shares of Total System Services in a research report on Thursday, June 22nd. KeyCorp reiterated an “overweight” rating on shares of Total System Services in a research report on Thursday, August 31st. Finally, Cowen and Company reiterated a “buy” rating and issued a $67.00 price target on shares of Total System Services in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Total System Services currently has an average rating of “Buy” and an average price target of $65.25.

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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