BlackRock Inc

(

BLK

) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day down 1.8%. By the end of trading, BlackRock Inc fell $11.99 (-7.1%) to $157.79 on average volume. Throughout the day, 1.3 million shares of BlackRock Inc exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $157.75-$166.92 after having opened the day at $166.51 as compared to the previous trading day's close of $169.78. Other company's within the Financial sector that declined today were:

Tennessee Commerce Bancorp Inc

(

TNCC

), down 85.5%,

Hampton Roads Bankshares Inc

(

HMPRD

), down 26.2%,

Hampton Roads Bankshares Inc

(

HMPR

), down 26.2%, and

First Capital Bancorp Inc

(

FCVA

), down 25.9%.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock Inc has a market cap of $26.9 billion and is part of the

financial services

industry. The company has a P/E ratio of 13.1, above the average financial services industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 11.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates BlackRock as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year.

On the positive front,

Ohio Legacy Corporation

(

OLCB

), up 45.3%,

OptimumBank Holdings Inc

(

OPHC

), up 29.6%,

Yadkin Valley Financial Corporation

(

YAVY

), up 12.6%, and

Merriman Holdings Inc

(

MERR

), up 12.5%, were all gainers within the financial sector with

Post Properties Inc

(

PPS

) being today's featured financial sector winner.

For investors not wanting singular stock exposure, 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

).

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