263 hedge funds sold their entire positions in Total System Services, Inc. (TSS)

Total System Services, Inc. (NYSE:TSS) went up to recover about 52.68% since recording its record low price of $59.72. The stock experienced 3.39% jump, arriving at $91.18 on 07/12/2018. During the day, the stock price traveled from $88.57 to $91.29. This company shares are 4.51% off its target price of $95.29 and the current market capitalization stands at $16.33B. The recent change has given its price a 5.61% lead over SMA 50 and 0.48% lead over its 52-week high. The stock witnessed 3.1% gains, 6.74% gains and 11.89% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TSS’s volatility during a week at 1.7% and during a month it has been found around 1.91%.

Total System Services, Inc. (TSS) Top Holders

Institutional investors currently hold around $12.37 billion or 78.4% in TSS stock. Look at its top three institutional owners. Vanguard Group Inc owns $1.59 billion in Total System Services, Inc., which represents roughly 9.76% of the company’s market cap and approximately 12.88% of the institutional ownership. Similar statistics are true for the second largest owner, Synovus Financial Corp, which owns 13,100,288 shares of the stock are valued at $1.16 billion. The third largest holder is Blackrock Inc., which currently holds $1.05 billion worth of this stock and that ownership represents nearly 6.43% of its market capitalization.

Total System Services, Inc. 13F Filings

At the end of March reporting period, 244 institutional holders increased their position in Total System Services, Inc. (NYSE:TSS) by some 12,996,104 shares, 263 decreased positions by 12,576,812 and 98 held positions by 114,711,993. That puts total institutional holdings at 140,284,909 shares, according to SEC filings. The stock grabbed 90 new institutional investments totaling 2,526,322 shares while 43 institutional investors sold out their entire positions totaling 1,737,040 shares.

Total System Services, Inc. (NYSE:TSS) Insider Trades

Multiple company employees have indulged in significant insider trading. Total System Services, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior EVP and CIO Watson Patricia A has sold 15,332 shares of Total System Services, Inc. (TSS) in trading session dated May. 04, 2018. These shares are worth $1,308,740 and were traded at $85.36 each. The SEC filing shows that Weaver Dorenda K performed a sale of 24,160 shares. The EVP & Chief Accounting Officer disposed these shares by way of transaction on Mar. 12, 2018. The company’s shares were given away at $90.11 per share worth to an income of some $2,177,058 on account of Weaver Dorenda K.

Sr. EVP and CFO, Todd Paul M, sold 69,827 common shares of Total System Services, Inc. (TSS) in the open market. In a transaction dated Feb. 27, 2018, the shares were put up for sale at an average price of $88.3, raking in a sum of $6,165,724. After this sale, 47,029 common shares of TSS are directly owned by the insider, with total stake valued at $4,288,104.

In the transaction dated Feb. 23, 2018, the great number of shares disposed came courtesy the Director; Tomlinson Philip W disposed a total of 234,759 shares at an average price of $88.49, amounting to approximately $20,773,824. The insider now directly owns 225,293 shares worth $20,542,216.

Total System Services, Inc. (TSS) Analyst Guide

Several analysts have released their opinion on Total System Services, Inc. (NYSE:TSS), with 10 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 1 buy, 1 sell and 0 strong sell ratings, collectively assigning a 1.75 average brokerage recommendation.