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Credit Services Stocks Under Scanner -- CIT Group, Total System Services, OneMain, and PHH Corp.

OMF

PR Newswire

NEW YORK, November 1, 2016 /PRNewswire/ --

Stock-Callers.com has issued research reports on the following Credit Services equities: CIT Group Inc. (NYSE: CIT), Total System Services Inc. (NYSE: TSS), OneMain Holdings Inc. (NYSE: OMF), and PHH Corp. (NYSE: PHH). These companies belong to the Financials sector which was moderately higher in afternoon trade on Monday, October 31, 2016, with the NYSE Financial Sector Index rising about 0.4%, and shares of financial companies in the S&P 500 Index advancing about 0.2%. You can access of our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

CIT Group  

Shares in Livingston, New Jersey headquartered CIT Group Inc. ended Monday's session at $36.33, climbing 1.03%. The stock recorded a trading volume of 3.92 million shares, which was above its three months average volume of 1.78 million shares. The Company's shares have gained 0.08% in the last one month and 9.01% in the previous three months. The stock is trading 0.83% and 10.12% above its 50-day and 200-day moving averages, respectively. Moreover, shares of CIT Group, which operates as the holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers, have a Relative Strength Index (RSI) of 51.00.

On October 11th, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'.

On October 31st, 2016, CIT Group announced that CIT Retail Finance served as sole lead arranger for a $35 million senior secured credit facility to support the equity investment made by private equity sponsor, Goode Partners LLC, in the acquisition of Forman Mills, Inc. The financing was used to help fund the acquisition and to provide working capital. Visit us today and download your complete report on CIT for free at:

http://stock-callers.com/registration/?symbol=CIT


Total System Services  

Columbus, Georgia headquartered Total System Services Inc.'s stock declined 0.38%, closing the day at $49.88 with a total trading volume of 1.26 million shares. The Company's shares have advanced 5.79% in the last month, 2.92% in the previous three months, and 0.79% on an YTD basis. The stock is trading 3.54% above its 50-day moving average and 2.71% above its 200-day moving average. Additionally, shares of Total System Services, which provides payment processing, merchant, and related payment services to financial and nonfinancial institutions in the US, Europe, Canada, Mexico, and internationally, have an RSI of 58.42.

On October 27th, 2016, Total System Services announced that Rabobank has renewed its payments agreement with the company to continue processing the bank's consumer card portfolio. Total System Services will also provide additional services such as fraud and risk management, as well as customer service through TSYS Managed Services EMEA. The complimentary research report on TSS can be accessed at:


http://stock-callers.com/registration/?symbol=TSS


OneMain  

On Monday, shares in Evansville, Indiana headquartered OneMain Holdings Inc. recorded a trading volume of 336,598 shares. The stock ended the day 2.21% lower at $28.34. The Company's shares have gained 2.09% over the previous three months and are trading above their 200-day moving average by 1.67%. Furthermore, shares of OneMain Holdings, which through its subsidiaries, provides consumer finance and credit insurance products and services, have an RSI of 35.71.

On October 11th, 2016, research firm Wedbush initiated an 'Outperform' rating on the Company's stock, issuing a target price of $45 per share.

On October 17th, 2016, OneMain Holdings announced that it plans to report its Q3 2016 results after the market closes on November 7th, 2016. A conference call to discuss the company's results, outlook and related matters will be held at 5:30 pm ET. Register for free on Stock-Callers.com and download the PDF research report on OMF at:

http://stock-callers.com/registration/?symbol=OMF


PHH Corp. 

Mount Laurel, New Jersey-based PHH Corp.'s stock rose 0.07%, finishing yesterday's session at $14.52 with a total trading volume of 324,927 shares. The Company's shares have advanced 0.48% in the last one month and 3.27% in the previous three months. The stock is trading above its 200-day moving average by 9.07%. Additionally, shares of PHH Corp., which through its subsidiaries, provides outsourced mortgage banking services to financial institutions and real estate brokers in the US, have an RSI of 41.05.

On October 11th, 2016, research firm Wedbush initiated a 'Neutral' rating on the Company's stock, issuing a target price of $16 per share.

On October 25th, 2016, PHH Corp. announced its plans to release its Q3 2016 results on November 8th, 2016, after the market closes. The Company will host a conference call at 10:00 a.m. ET on November 9th, 2016, to discuss its Q3 2016 results. Get free access to your research report on PHH at:

http://stock-callers.com/registration/?symbol=PHH

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