Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in Total System Services, Inc. (NYSE:TSS) by 8.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,827 shares of the credit services provider’s stock after buying an additional 2,040 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Total System Services were worth $1,692,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TSS. Ameriprise Financial Inc. raised its stake in Total System Services by 422.2% in the second quarter. Ameriprise Financial Inc. now owns 4,395,728 shares of the credit services provider’s stock valued at $256,053,000 after buying an additional 3,553,887 shares during the last quarter. Janus Henderson Group PLC raised its stake in Total System Services by 7,710.6% in the second quarter. Janus Henderson Group PLC now owns 1,735,118 shares of the credit services provider’s stock valued at $101,071,000 after buying an additional 1,712,903 shares during the last quarter. Wells Fargo & Company MN raised its stake in Total System Services by 26.5% in the second quarter. Wells Fargo & Company MN now owns 3,222,462 shares of the credit services provider’s stock valued at $187,708,000 after buying an additional 675,452 shares during the last quarter. Prudential Financial Inc. raised its stake in Total System Services by 160.2% in the second quarter. Prudential Financial Inc. now owns 1,091,132 shares of the credit services provider’s stock valued at $63,558,000 after buying an additional 671,800 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Total System Services by 21.9% in the second quarter. Goldman Sachs Group Inc. now owns 3,610,449 shares of the credit services provider’s stock valued at $210,308,000 after buying an additional 649,271 shares during the last quarter. Institutional investors own 76.93% of the company’s stock.

Shares of Total System Services, Inc. (NYSE TSS) opened at $72.33 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $13,297.60, a P/E ratio of 23.03, a PEG ratio of 1.77 and a beta of 1.11. Total System Services, Inc. has a 12 month low of $47.01 and a 12 month high of $73.84.

Total System Services (NYSE:TSS) last released its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.07. The company had revenue of $852.80 million for the quarter, compared to analyst estimates of $842.30 million. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share. research analysts predict that Total System Services, Inc. will post 3.2 EPS for the current fiscal year.

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A number of equities research analysts have commented on TSS shares. BidaskClub upgraded Total System Services from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. Stifel Nicolaus restated a “buy” rating and issued a $69.00 price objective (up from $67.00) on shares of Total System Services in a research note on Wednesday, July 26th. Cowen and Company restated an “outperform” rating and issued a $67.00 price objective on shares of Total System Services in a research note on Wednesday, July 26th. Morgan Stanley restated an “equal weight” rating and issued a $63.00 price objective (up from $58.00) on shares of Total System Services in a research note on Wednesday, July 26th. Finally, Deutsche Bank AG restated a “hold” rating and issued a $65.00 price objective (up from $57.00) on shares of Total System Services in a research note on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $69.36.

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.

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

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