Total System Services (NYSE:TSS).
Raymond James & Associates increased its position in Total System Services stock by 51.9% in its quarterly SEC filing. Its position was valued at $11,249,000 an increase of 70.8% as of quarter end.
The following firms have recently changed their position in TSS. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS augmented its ownership by buying 1,330 shares an increase of 10.8% from 06/30/2017 to 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS owns 13,635 shares worth $893,000. The total value of its holdings increased 24.5%. As of quarter end Oppenheimerfunds, Inc. had acquired a total of 116,214 shares growing its holdings by 10.2%. The value of the investment in TSS increased from $66,380,000 to $82,253,000 a change of 23.9% since the last quarter.
Alliancebernstein L.P. grew its stake by buying 185,615 shares an increase of 21.4%. Alliancebernstein L.P. claims 1,054,892 shares valued at $69,095,000. The value of the position overall is up by 36.5%.
On October 30 Royal Bank Of Canada held the company rating at “Buy” targeting a price of $75.00. Jefferies Group LLC raised the price target on October 30 changing the forecast from $59.00 to $73.00 with a “Hold” recommendation.
Equity analyst BMO Capital Markets raised the price target on October 25 changing the price objective from $70.00 to $77.00 and stated a “Outperform” rating. Barclays PLC raised the price target of the stock on October 25 boosting the projection from $78.00 to $80.00 with a rating of “Overweight”.
Equity analyst Robert W. Baird raised the price target on October 25 boosting the projection from $76.00 to $78.00 and issued a “Outperform” rating. Equity analyst Citigroup raised the price target on October 25 changing the forecast from $71.00 to $78.00 and issued a “Buy” recommendation.
The company is so far trading down by 0.49% since yesterday’s close of 73.41. The P/E ratio is currently 32.53 and market cap is 13.46B. As of the last earnings report the EPS was $2.25 with 184.09M shares now outstanding.
Traders are more bearish on shares of Total System Services of late as implied by the rise in short interest. The company saw a rise in short interest of 154.96% as of October 13, 2017 from the last reporting period. Short interest increased from 994,011 to 2,534,300 over that timeframe. Days to cover increased from 0.0 to 2.0 and the percentage of shorted shares is 0.01% as of October 13.