Profund Advisors LLC raised its stake in shares of Total System Services, Inc. (NYSE:TSS) by 35.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 6,040 shares of the credit services provider’s stock after purchasing an additional 1,576 shares during the quarter. Profund Advisors LLC’s holdings in Total System Services were worth $478,000 as of its most recent filing with the SEC.
Several other large investors also recently bought and sold shares of TSS. Acadian Asset Management LLC bought a new position in shares of Total System Services during the 4th quarter worth about $109,000. Tower Research Capital LLC TRC boosted its position in shares of Total System Services by 463.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,295 shares of the credit services provider’s stock valued at $181,000 after acquiring an additional 1,888 shares in the last quarter. Cahaba Wealth Management Inc. acquired a new stake in shares of Total System Services during the 4th quarter valued at about $208,000. IBM Retirement Fund acquired a new stake in shares of Total System Services during the 4th quarter valued at about $212,000. Finally, ACG Wealth acquired a new stake in shares of Total System Services during the 4th quarter valued at about $220,000. Institutional investors own 76.51% of the company’s stock.
In other news, EVP Patricia A. Watson sold 2,274 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $83.35, for a total transaction of $189,537.90. Following the transaction, the executive vice president now directly owns 27,253 shares in the company, valued at $2,271,537.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard W. Ussery sold 7,546 shares of the company’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $88.29, for a total transaction of $666,236.34. The disclosure for this sale can be found here. Insiders have sold 692,200 shares of company stock worth $59,978,168 over the last quarter. 2.60% of the stock is owned by company insiders.
TSS stock opened at $89.93 on Wednesday. The company has a market cap of $16,349.85, a PE ratio of 28.46, a price-to-earnings-growth ratio of 1.55 and a beta of 1.11. Total System Services, Inc. has a 12-month low of $50.96 and a 12-month high of $90.74. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.09 and a quick ratio of 1.09.
Total System Services (NYSE:TSS) last released its quarterly earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 EPS for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.03. Total System Services had a net margin of 11.90% and a return on equity of 26.50%. The firm had revenue of $870.61 million for the quarter, compared to analyst estimates of $848.20 million. During the same period in the previous year, the business earned $0.71 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. equities research analysts predict that Total System Services, Inc. will post 3.96 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 22nd will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, March 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.58%. Total System Services’s payout ratio is 16.46%.
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.
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