GHP Investment Advisors Inc. Raises Position in Total System Services, Inc. (TSS)

GHP Investment Advisors Inc. boosted its position in shares of Total System Services, Inc. (NYSE:TSS) by 4.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,710 shares of the credit services provider’s stock after buying an additional 545 shares during the period. GHP Investment Advisors Inc.’s holdings in Total System Services were worth $679,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Total System Services during the fourth quarter worth $111,000. Advisory Services Network LLC purchased a new position in shares of Total System Services during the first quarter worth $169,000. Federated Investors Inc. PA raised its position in shares of Total System Services by 11.0% in the fourth quarter. Federated Investors Inc. PA now owns 3,935 shares of the credit services provider’s stock worth $193,000 after buying an additional 391 shares in the last quarter. Oakworth Capital Inc. raised its position in shares of Total System Services by 4,788.2% in the first quarter. Oakworth Capital Inc. now owns 3,715 shares of the credit services provider’s stock worth $199,000 after buying an additional 3,639 shares in the last quarter. Finally, OLD National Bancorp IN purchased a new position in shares of Total System Services during the first quarter worth $206,000. 71.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Total System Services, Inc. (NYSE:TSS) traded up 1.26% during trading on Friday, reaching $58.50. The company’s stock had a trading volume of 771,317 shares. The firm has a market capitalization of $10.77 billion, a P/E ratio of 32.27 and a beta of 1.00. Total System Services, Inc. has a 52 week low of $46.22 and a 52 week high of $58.97. The company has a 50 day moving average price of $55.36 and a 200 day moving average price of $52.70.

Total System Services (NYSE:TSS) last issued its quarterly earnings results on Tuesday, April 25th. The credit services provider reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.02. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Total System Services had a return on equity of 24.32% and a net margin of 8.38%. The firm’s revenue for the quarter was up 62.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.66 EPS. On average, equities research analysts expect that Total System Services, Inc. will post $3.24 EPS for the current fiscal year.

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TSS has been the topic of a number of research reports. Stifel Nicolaus raised Total System Services from a “hold” rating to a “buy” rating and increased their price objective for the company from $57.00 to $60.00 in a report on Thursday, February 2nd. Zacks Investment Research raised Total System Services from a “sell” rating to a “buy” rating and set a $59.00 price objective on the stock in a report on Wednesday, April 12th. Guggenheim initiated coverage on Total System Services in a report on Thursday, March 30th. They issued a “buy” rating and a $62.00 price objective on the stock. Goldman Sachs Group Inc raised Total System Services from a “neutral” rating to a “buy” rating and increased their price objective for the company from $60.00 to $68.00 in a report on Monday, May 8th. Finally, First Analysis lowered Total System Services from an “overweight” rating to an “equal weight” rating and increased their price objective for the company from $60.00 to $63.00 in a report on Wednesday, May 3rd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $59.87.

In other Total System Services news, Chairman M Troy Woods sold 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $57.30, for a total transaction of $372,450.00. Following the transaction, the chairman now owns 285,966 shares in the company, valued at approximately $16,385,851.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.60% of the company’s stock.

Total System Services Company Profile

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.

5 Day Chart for NYSE:TSS

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