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3 Stocks Pushing The Financial Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 93 points (0.6%) at 15,285 as of Wednesday, Sept. 11, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,461 declining with 119 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Weyerhaeuser ( WY), down 1.4%, BlackRock ( BLK), down 1.4%, Citigroup ( C), down 1.2% and Nomura Holdings ( NMR), down 0.9%. Top gainers within the sector include Digital Realty ( DLR), up 2.4%, MasterCard Incorporated ( MA), up 1.6%, Progressive Corporation ( PGR), up 1.3%, Credit Suisse Group ( CS), up 1.1% and Royal Bank of Scotland Group (The ( RBS), up 0.9%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector lower today. As of noon trading, Lloyds Banking Group is down $0.11 (-2.2%) to $4.82 on average volume. Thus far, 1.2 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $4.79-$4.84 after having opened the day at $4.83 as compared to the previous trading day's close of $4.93.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $86.5 billion and is part of the banking industry. Shares are up 54.1% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Lloyds Banking Group Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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