3 Stocks Pushing The Financial Services Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.0%. A company within the industry that increased today was American Express ( AXP), up 1.0%. On the negative front, top decliners within the industry include Principal Financial Group ( PFG), down 3.2%, and Nomura Holdings ( NMR), down 2.4%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Cohen & Steers ( CNS) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Cohen & Steers is up $1.75 (6.7%) to $28.07 on light volume Thus far, 49,435 shares of Cohen & Steers exchanged hands as compared to its average daily volume of 181,300 shares. The stock has ranged in price between $27.35-$28.45 after having opened the day at $27.67 as compared to the previous trading day's close of $26.32.

Cohen & Steers, Inc., together with its subsidiaries, provides investment management services to individual and institutional investors in the United States, Japan, and internationally. Cohen & Steers has a market cap of $1.3 billion and is part of the financial sector. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7. Shares are up 2.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Cohen & Steers a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cohen & Steers as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow. Get the full Cohen & Steers Ratings Report now.

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