Total System Services Inc (NYSE:TSS) on Focus After Report of Less Shorts

October 13, 2018 - By Dolores Ford

Total System Services, Inc. (NYSE:TSS) Logo

Investors sentiment decreased to 0.88 in 2018 Q2. Its down 0.03, from 0.91 in 2018Q1. It dived, as 27 investors sold Total System Services, Inc. shares while 190 reduced holdings. 59 funds opened positions while 131 raised stakes. 134.89 million shares or 0.19% less from 135.15 million shares in 2018Q1 were reported.
Quantbot Technology Limited Partnership reported 114,944 shares or 0.66% of all its holdings. Sei Investments Com invested in 0.02% or 79,162 shares. Azimuth Cap Limited Company reported 0.73% in Total System Services, Inc. (NYSE:TSS). Norinchukin Bank The, Japan-based fund reported 18,797 shares. Bankshares Of America De has 0.01% invested in Total System Services, Inc. (NYSE:TSS). Natixis has invested 0.14% in Total System Services, Inc. (NYSE:TSS). United Service Automobile Association reported 0% in Total System Services, Inc. (NYSE:TSS). Clarivest Asset Ltd Co invested in 7,515 shares. Manchester Capital Mgmt Limited Liability Company invested in 686 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 3,800 shares. State Common Retirement Fund holds 534,051 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 0.24% of its portfolio in Total System Services, Inc. (NYSE:TSS). Colony Grp Limited Liability Corp holds 0.04% of its portfolio in Total System Services, Inc. (NYSE:TSS) for 8,991 shares. Blackrock Inc has invested 0.05% in Total System Services, Inc. (NYSE:TSS). Ghp Invest Advsrs invested in 0.22% or 18,210 shares.

Since May 4, 2018, it had 0 insider purchases, and 2 selling transactions for $1.80 million activity. Shares for $1.31M were sold by Watson Patricia A.

The stock of Total System Services Inc (NYSE:TSS) registered a decrease of 10.21% in short interest. TSS’s total short interest was 3.74M shares in October as published by FINRA. Its down 10.21% from 4.17M shares, reported previously. With 1.14M shares average volume, it will take short sellers 3 days to cover their TSS’s short positions. The short interest to Total System Services Inc’s float is 2.08%.

The stock increased 4.20% or $3.79 during the last trading session, reaching $93.94. About 1.73 million shares traded or 35.06% up from the average. Total System Services, Inc. (NYSE:TSS) has risen 44.62% since October 13, 2017 and is uptrending. It has outperformed by 29.00% the S&P500.

Total System Services, Inc. provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company has market cap of $17.14 billion. The firm operates through three divisions: Merchant Solutions, Issuer Solutions, and Netspend. It has a 26.7 P/E ratio. It offers general purpose reloadable prepaid and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other clients and businesses.

Total System Services, Inc. (NYSE:TSS) Ratings Coverage

Among 12 analysts covering Total System Services (NYSE:TSS), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Total System Services had 17 analyst reports since April 20, 2018 according to SRatingsIntel. The stock of Total System Services, Inc. (NYSE:TSS) has “Outperform” rating given on Wednesday, July 25 by Robert W. Baird. The firm has “Buy” rating by Susquehanna given on Tuesday, April 24. The firm has “Outperform” rating by Oppenheimer given on Thursday, September 6. The stock of Total System Services, Inc. (NYSE:TSS) has “Buy” rating given on Tuesday, April 24 by Guggenheim. The rating was maintained by Citigroup with “Buy” on Wednesday, July 25. On Tuesday, April 24 the stock rating was maintained by Cowen & Co with “Buy”. The stock has “Buy” rating by Citigroup on Friday, October 5. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, April 25. KeyBanc Capital Markets maintained it with “Overweight” rating and $100 target in Wednesday, July 25 report. Morgan Stanley maintained the shares of TSS in report on Wednesday, July 25 with “Equal-Weight” rating.

Total System Services, Inc. (NYSE:TSS) Institutional Positions Chart

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