First National Bank of Omaha Has $5.89 Million Position in Total System Services, Inc. (NYSE:TSS)

First National Bank of Omaha boosted its position in Total System Services, Inc. (NYSE:TSS) by 12.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 101,027 shares of the credit services provider’s stock after buying an additional 11,255 shares during the period. First National Bank of Omaha owned about 0.05% of Total System Services worth $5,885,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Total System Services by 2,540.3% in the first quarter. BlackRock Inc. now owns 11,122,344 shares of the credit services provider’s stock worth $594,599,000 after buying an additional 10,701,089 shares in the last quarter. FMR LLC boosted its stake in shares of Total System Services by 14.8% in the first quarter. FMR LLC now owns 11,224,948 shares of the credit services provider’s stock worth $600,086,000 after buying an additional 1,447,047 shares in the last quarter. Point72 Asset Management L.P. boosted its stake in shares of Total System Services by 71.6% in the first quarter. Point72 Asset Management L.P. now owns 2,386,830 shares of the credit services provider’s stock worth $127,600,000 after buying an additional 996,260 shares in the last quarter. Strs Ohio boosted its stake in shares of Total System Services by 405.1% in the first quarter. Strs Ohio now owns 1,218,151 shares of the credit services provider’s stock worth $65,122,000 after buying an additional 976,975 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Total System Services by 23.4% in the first quarter. Wellington Management Group LLP now owns 4,353,926 shares of the credit services provider’s stock worth $232,761,000 after buying an additional 824,600 shares in the last quarter. Institutional investors own 75.26% of the company’s stock.

Shares of Total System Services, Inc. (TSS) traded down 0.58% on Friday, hitting $63.06. 945,197 shares of the stock traded hands. The firm has a market cap of $11.62 billion, a P/E ratio of 30.60 and a beta of 1.14. The stock has a 50-day moving average price of $61.27 and a 200 day moving average price of $56.87. Total System Services, Inc. has a 52 week low of $46.22 and a 52 week high of $64.94.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, July 25th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.05. Total System Services had a net margin of 8.78% and a return on equity of 25.49%. The company had revenue of $844.07 million during the quarter, compared to the consensus estimate of $842.57 million. During the same period in the previous year, the firm posted $0.74 EPS. The firm’s revenue was up 6.2% compared to the same quarter last year. Equities research analysts predict that Total System Services, Inc. will post $3.28 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 29th will be issued a dividend of $0.13 per share. This is an increase from Total System Services’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend is Wednesday, September 20th. Total System Services’s payout ratio is currently 19.51%.

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TSS has been the subject of a number of research analyst reports. Northcoast Research initiated coverage on Total System Services in a report on Friday, June 30th. They set a “neutral” rating for the company. BMO Capital Markets restated an “outperform” rating and set a $67.00 price objective (up previously from $64.00) on shares of Total System Services in a report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) upgraded Total System Services from a “neutral” rating to a “buy” rating and boosted their price target for the company from $60.00 to $68.00 in a research note on Monday, May 8th. First Analysis cut Total System Services from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $60.00 to $63.00 in a research note on Wednesday, May 3rd. They noted that the move was a valuation call. Finally, Stifel Nicolaus set a $65.00 price target on Total System Services and gave the company a “buy” rating in a research note on Wednesday, April 26th. Seven research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $64.05.

In other news, Director Richard W. Ussery sold 48,000 shares of Total System Services stock in a transaction on Monday, June 12th. The shares were sold at an average price of $59.19, for a total transaction of $2,841,120.00. Following the completion of the sale, the director now directly owns 219,968 shares of the company’s stock, valued at approximately $13,019,905.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Philip W. Tomlinson sold 220,974 shares of Total System Services stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $63.65, for a total transaction of $14,064,995.10. Following the sale, the director now directly owns 326,200 shares of the company’s stock, valued at $20,762,630. The disclosure for this sale can be found here. Insiders have sold a total of 287,446 shares of company stock valued at $18,074,469 over the last ninety days. 2.60% of the stock is currently owned by insiders.

About Total System Services

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.

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

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