Smith Graham & Co. Investment Advisors LP boosted its holdings in Total System Services, Inc. (NYSE:TSS) by 21.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 89,100 shares of the credit services provider’s stock after acquiring an additional 15,660 shares during the quarter. Smith Graham & Co. Investment Advisors LP’s holdings in Total System Services were worth $7,047,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Total System Services by 3.3% in the second quarter. Vanguard Group Inc. now owns 16,532,149 shares of the credit services provider’s stock valued at $962,997,000 after buying an additional 525,686 shares in the last quarter. Goldman Sachs Group Inc. boosted 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 in the last quarter. Northern Trust Corp boosted its stake in Total System Services by 13.0% in the second quarter. Northern Trust Corp now owns 2,184,583 shares of the credit services provider’s stock valued at $127,252,000 after buying an additional 251,761 shares in the last quarter. Janus Henderson Group PLC boosted 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 in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Total System Services by 84.8% in the second quarter. Renaissance Technologies LLC now owns 1,303,965 shares of the credit services provider’s stock valued at $75,956,000 after buying an additional 598,500 shares in the last quarter. 76.02% of the stock is currently owned by institutional investors and hedge funds.

Shares of Total System Services, Inc. (NYSE:TSS) opened at $83.75 on Tuesday. Total System Services, Inc. has a 12 month low of $49.98 and a 12 month high of $83.84. The company has a market capitalization of $15,305.20, a PE ratio of 37.22, a PEG ratio of 1.86 and a beta of 1.10. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.03.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 EPS 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 quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 earnings per share. sell-side analysts anticipate that Total System Services, Inc. will post 3.2 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Thursday, December 21st were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date was Wednesday, December 20th. Total System Services’s dividend payout ratio is currently 23.11%.

Several research firms recently weighed in on TSS. Zacks Investment Research raised Total System Services from a “hold” rating to a “buy” rating and set a $93.00 price objective on the stock in a research note on Monday. Robert W. Baird reaffirmed a “buy” rating on shares of Total System Services in a research note on Tuesday, September 26th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $87.00 price objective (up from $73.00) on shares of Total System Services in a research note on Wednesday, January 17th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Total System Services in a research note on Thursday, January 4th. Finally, Citigroup raised their price objective on Total System Services from $71.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $75.27.

In related news, EVP Patricia A. Watson sold 23,608 shares of Total System Services stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $74.01, for a total value of $1,747,228.08. Following the transaction, the executive vice president now directly 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 available through this hyperlink. 2.60% of the stock is owned by insiders.

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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.

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

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