3 Stocks Pushing The Financial Sector Lower - TheStreet

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 93 points (0.5%) at 17,674 as of Wednesday, Oct. 28, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,445 issues advancing vs. 542 declining with 141 unchanged.

The Financial sector currently sits up 1.0% versus the S&P 500, which is up 0.7%. On the negative front, top decliners within the sector include

Equity Residential

(

EQR

), down 1.1%,

HDFC Bank

(

HDB

), down 0.9%,

Brookfield Asset Management

(

BAM

), down 0.7% and

Public Storage

(

PSA

), down 0.6%. Top gainers within the sector include

Macro Bank

(

BMA

), up 11.4%,

Grupo Financiero Galicia

(

GGAL

), up 10.0%,

Bbva Banco FrancesS.A

(

BFR

), up 9.2%,

CBRE Group

(

CBG

), up 8.8% and

Jones Lang LaSalle

(

JLL

), up 6.7%.

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

3.

EverBank Financial

(

EVER

) is one of the companies pushing the Financial sector lower today. As of noon trading, EverBank Financial is down $2.03 (-10.0%) to $18.35 on heavy volume. Thus far, 2.2 million shares of EverBank Financial exchanged hands as compared to its average daily volume of 558,000 shares. The stock has ranged in price between $17.91-$20.05 after having opened the day at $19.45 as compared to the previous trading day's close of $20.38.

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EverBank Financial Corp, a savings and loan holding company, provides various financial products and services to individuals and small and mid-size businesses in the United States. It operates in three segments: Consumer Banking, Commercial Banking, and Corporate Services. EverBank Financial has a market cap of $2.6 billion and is part of the banking industry. Shares are up 6.9% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate EverBank Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

EverBank Financial

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full

EverBank Financial Ratings Report

now.

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2. As of noon trading,

Lloyds Banking Group

(

LYG

) is down $0.19 (-4.0%) to $4.59 on average volume. Thus far, 1.6 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $4.57-$4.61 after having opened the day at $4.58 as compared to the previous trading day's close of $4.78.

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Lloyds Banking Group plc provides a range of banking and financial services to individuals and businesses in the United Kingdom and internationally. The company operates through five segments: Retail, Commercial Banking, Consumer Finance, Insurance, and TSB. Lloyds Banking Group has a market cap of $86.3 billion and is part of the banking industry. Shares are up 3.0% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Lloyds Banking Group a buy, no analysts rate it a sell, and none rate 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 attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full

Lloyds Banking Group Ratings Report

now.

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1. As of noon trading,

KKR

(

KKR

) is down $0.50 (-2.8%) to $17.10 on heavy volume. Thus far, 8.1 million shares of KKR exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $15.89-$17.23 after having opened the day at $15.97 as compared to the previous trading day's close of $17.60.

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KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. KKR has a market cap of $8.0 billion and is part of the financial services industry. Shares are down 24.2% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate KKR a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

KKR

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

KKR Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial sector could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial sector could consider

Proshares Short Financials

(

SEF

).