Shares of Total System Services Inc. (NYSE:TSS) have been assigned a consensus rating of “Hold” from the twenty-three analysts that are covering the firm. Two equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $52.56.
TSS has been the subject of a number of research reports. Nomura restated a “buy” rating and issued a $58.00 price objective on shares of Total System Services in a report on Monday, October 3rd. Citigroup Inc. decreased their price target on shares of Total System Services from $63.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, September 14th. Barclays PLC reiterated a “buy” rating on shares of Total System Services in a research note on Saturday, July 9th. Zacks Investment Research downgraded shares of Total System Services from a “buy” rating to a “hold” rating in a research note on Friday, July 29th. Finally, Morgan Stanley reiterated a “hold” rating and issued a $54.00 price target on shares of Total System Services in a research note on Thursday, July 28th.
A number of institutional investors have recently made changes to their positions in the stock. Aperio Group LLC boosted its position in shares of Total System Services by 16.3% in the first quarter. Aperio Group LLC now owns 36,974 shares of the company’s stock valued at $1,759,000 after buying an additional 5,191 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in Total System Services by 0.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 4,534,008 shares of the company’s stock worth $215,728,000 after buying an additional 29,043 shares during the period. ING Groep NV bought a new position in Total System Services during the first quarter worth $448,000. Aviva PLC boosted its position in Total System Services by 0.5% in the first quarter. Aviva PLC now owns 81,844 shares of the company’s stock worth $3,894,000 after buying an additional 420 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its position in Total System Services by 1.4% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 7,399 shares of the company’s stock worth $352,000 after buying an additional 100 shares during the period. 71.50% of the stock is currently owned by institutional investors.
Total System Services (NYSE:TSS) opened at 47.20 on Friday. The firm has a market cap of $8.68 billion, a price-to-earnings ratio of 24.04 and a beta of 1.18. Total System Services has a 52 week low of $37.47 and a 52 week high of $56.69. The firm’s 50-day moving average is $48.07 and its 200-day moving average is $50.69.
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, beating analysts’ consensus estimates of $0.72 by $0.02. The firm earned $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Total System Services had a net margin of 10.97% and a return on equity of 23.58%. The business’s quarterly revenue was up 66.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.58 earnings per share. On average, equities analysts anticipate that Total System Services will post $2.81 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 3rd. Shareholders of record on Thursday, September 22nd were paid a $0.10 dividend. The ex-dividend date was Tuesday, September 20th. This represents a $0.40 annualized dividend and a yield of 0.85%. Total System Services’s dividend payout ratio is currently 20.30%.