PHH Corporation (PHH): Today's Featured Financial Services Winner

PHH Corporation ( PHH) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.4%. By the end of trading, PHH Corporation rose 69 cents (4.3%) to $16.77 on heavy volume. Throughout the day, 3.1 million shares of PHH Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $16.36-$17.02 after having opened the day at $16.65 as compared to the previous trading day's close of $16.08. Other companies within the Financial Services industry that increased today were: Security National Financial Corporation ( SNFCA), up 10.3%, Rodman & Renshaw Capital Group ( RODM), up 8.3%, Federal Agricultural Mortgage ( AGM), up 6.9%, and CIFC ( DFR), up 6.8%.

PHH Corporation provides business process management services for the mortgage and fleet industries in the United States and Canada. PHH Corporation has a market cap of $877.5 million and is part of the financial sector. Shares are up 50.3% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate PHH Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates PHH Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the negative front, Ameritrans Capital Corporation ( AMTC), down 29.5%, SGOCO Group ( SGOC), down 13.2%, Ampal-American Israel Corporation ( AMPL), down 4.8%, and Noah Holdings ( NOAH), down 4.4%, were all losers within the financial services industry with Goldman Sachs Group ( GS) being today's financial services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).
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