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ING, CS, COF, SCHW And MET, Pushing 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 61 points (0.4%) at 15,361 as of Friday, Sept. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,640 issues advancing vs. 1,247 declining with 140 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Banco Santander Chile ( BSAC), down 1.7%, Woori Finance Holdings ( WF), down 1.5%, Banco De Chile ( BCH), down 1.2%, American Tower ( AMT), down 0.9% and CME Group ( CME), down 0.6%. Top gainers within the sector include Annaly Capital Management ( NLY), up 2.0%, Visa ( V), up 2.0%, General Growth Properties ( GGP), up 1.7%, Lloyds Banking Group ( LYG), up 1.6% and Franklin Resources ( BEN), up 0.7%.

TheStreet would like to highlight 5 stocks pushing the sector lower today:

5. ING Groep N.V ( ING) is one of the companies pushing the Financial sector lower today. As of noon trading, ING Groep N.V is down $0.12 (-1.0%) to $11.50 on average volume. Thus far, 1.2 million shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $11.42-$11.54 after having opened the day at $11.50 as compared to the previous trading day's close of $11.62.

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services. ING Groep N.V has a market cap of $44.6 billion and is part of the insurance industry. Shares are up 22.6% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates ING Groep N.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full ING Groep N.V 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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