3 Financial Services Stocks Moving The Industry Upward

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 91 points (-0.6%) at 15,838 as of Wednesday, Jan. 29, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 929 issues advancing vs. 2,026 declining with 145 unchanged.

The Financial Services industry currently sits down 0.3% versus the S&P 500, which is down 0.4%. Top gainers within the industry include Piper Jaffray Cos ( PJC), up 8.8%, and NewStar Financial ( NEWS), up 8.2%. On the negative front, top decliners within the industry include Greenhill ( GHL), down 5.1%, Virtus Investment Partners ( VRTS), down 2.6%, WisdomTree Investments ( WETF), down 2.9%, T. Rowe Price Group ( TROW), down 1.9% and E*Trade Financial ( ETFC), down 1.7%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Total System Services ( TSS) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Total System Services is up $0.45 (1.5%) to $31.03 on heavy volume. Thus far, 1.9 million shares of Total System Services exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $27.00-$31.39 after having opened the day at $27.27 as compared to the previous trading day's close of $30.58.

Total System Services, Inc. provides payment processing and other services to card-issuing and merchant acquiring institutions in the United States and internationally. It operates through three segments: North America Services, International Services, and Merchant Services. Total System Services has a market cap of $5.8 billion and is part of the financial sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are down 8.1% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Total System Services a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Total System Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Total System Services Ratings Report now.

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