Total System Services (TSS) : Transamerica Financial Advisors scooped up 7,664 additional shares in Total System Services during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 51,896 shares of Total System Services which is valued at $2,646,696.Total System Services makes up approximately 0.22% of Transamerica Financial Advisors’s portfolio.
Total System Services opened for trading at $54.53 and hit $55.56 on the upside on Wednesday, eventually ending the session at $52.69, with a gain of 1.46% or 0.76 points. The heightened volatility saw the trading volume jump to 40,34,839 shares. Company has a market cap of $9,651 M.
Other Hedge Funds, Including , Northwest Investment Counselors boosted its stake in TSS in the latest quarter, The investment management firm added 1,280 additional shares and now holds a total of 6,648 shares of Total System Services which is valued at $339,048. Total System Services makes up approx 0.19% of Northwest Investment Counselors’s portfolio.Wealth Enhancement Advisory Services boosted its stake in TSS in the latest quarter, The investment management firm added 4,742 additional shares and now holds a total of 24,378 shares of Total System Services which is valued at $1,243,278. Total System Services makes up approx 0.25% of Wealth Enhancement Advisory Services’s portfolio. Reilly Financial Advisors added TSS to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $5,100.Simplex Trading reduced its stake in TSS by selling 2,047 shares or 78.49% in the most recent quarter. The Hedge Fund company now holds 561 shares of TSS which is valued at $27,865.Capital City Trust Cofl reduced its stake in TSS by selling 450 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 49,207 shares of TSS which is valued at $2,444,112. Total System Services makes up approx 0.99% of Capital City Trust Cofl’s portfolio.
On the company’s financial health, Total System Services reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.61. The company had revenue of $739.40 million for the quarter, compared to analysts expectations of $713.35 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
Many Wall Street Analysts have commented on Total System Services. Company shares were Reiterated by Compass Point on Apr 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 56 from a previous price target of $51 .Total System Services was Upgraded by Wells Fargo to ” Outperform” on Apr 27, 2016. Nomura Initiated Total System Services on Apr 20, 2016 to “Buy”, Price Target of the shares are set at $56.
Total System Services Inc. (TSYS) is a global payment solutions provider that provides services to financial and nonfinancial institutions. The Company also provides processing services acquiring solutions related systems and integrated support services to merchant acquirers and merchants. In addition it provides general purpose reloadable (GPR) prepaid and payroll cards and alternative financial service solutions to the underbanked and other consumers. Its operating segments include North America Services Merchant Services NetSpend and International Services. Through the Company’s North America Services and International Services segments TSYS processes information through its cardholder systems to financial and non-financial institutions. The Merchant Services segment includes electronic processing and other services provided to merchants and merchant acquirers. The NetSpend segment provides GPR prepaid debit and payroll cards and alternative financial service solutions.