5 Stocks Pushing The Financial Services Industry Lower

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%. On the negative front, top decliners within the industry include Principal Financial Group ( PFG), down 3.0%, and Nomura Holdings ( NMR), down 2.4%. A company within the industry that increased today was American Express ( AXP), up 1.0%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. T. Rowe Price Group ( TROW) is one of the companies pushing the Financial Services industry lower today. As of noon trading, T. Rowe Price Group is down $0.42 (-0.7%) to $64.00 on light volume Thus far, 364,638 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $63.50-$64.22 after having opened the day at $63.91 as compared to the previous trading day's close of $64.42.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $16.6 billion and is part of the financial sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full T. Rowe Price Group Ratings Report now.

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