Bank of New York Mellon ( BK) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 0.7%. By the end of trading, Bank of New York Mellon fell 15 cents (-0.7%) to $22.08 on average volume. Throughout the day, 7.4 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of eight million shares. The stock ranged in price between $21.75-$22.41 after having opened the day at $21.98 as compared to the previous trading day's close of $22.23. Other company's within the Financial Services industry that declined today were: ProShares Ultra 7-10 Year Treasury ( UST), down 49.6%, Paulson Capital ( PLCC), down 7.4%, LPL Investment Holdings ( LPLA), down 6.3%, and Dominion Resources Black Warrior ( DOM), down 5.8%. The Bank of New York Mellon Corporation, a financial services company, provides various products and services worldwide. The company offers a range of equity, fixed income, cash, and alternative/overlay products, as well as distributes investment management products. Bank of New York Mellon has a market cap of $26.65 billion and is part of the financial sector. The company has a P/E ratio of 10.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Bank of New York Mellon a buy, two analysts rate it a sell, and 10 rate it a hold. TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.