5 Stocks Pushing The Financial Sector 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 down 19 points (-0.1%) at 13,006 as of Monday, Dec. 3, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,655 declining with 129 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Banco De Chile ( BCH), down 1.9%, Lloyds Banking Group ( LYG), down 2.0%, Morgan Stanley ( MS), down 1.4%, Shinhan Financial Group ( SHG), down 0.9% and Royal Bank of Scotland Group (The ( RBS), down 0.8%. Top gainers within the sector include Goldman Sachs Group ( GS), up 1.1%, Bank of New York Mellon ( BK), up 1.0%, MetLife ( MET), up 0.9%, American International Group ( AIG), up 0.9% and Public Storage ( PSA), up 0.8%.

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

5. Alleghany Corp DEL ( Y) is one of the companies pushing the Financial sector lower today. As of noon trading, Alleghany Corp DEL is down $14.82 (-4.2%) to $336.18 on average volume Thus far, 38,874 shares of Alleghany Corp DEL exchanged hands as compared to its average daily volume of 59,300 shares. The stock has ranged in price between $334.83-$344.49 after having opened the day at $343.92 as compared to the previous trading day's close of $351.00.

Alleghany Corporation, through its subsidiaries, engages in the property and casualty, and surety insurance business in the United States. Alleghany Corp DEL has a market cap of $5.6 billion and is part of the insurance industry. The company has a P/E ratio of 5.7, below the S&P 500 P/E ratio of 17.7. Shares are up 23.0% year to date as of the close of trading on Friday. Currently there are no analysts that rate Alleghany Corp DEL a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Alleghany Corp DEL as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Alleghany Corp DEL Ratings Report now.

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4. As of noon trading, Manulife Financial Corporation ( MFC) is down $0.07 (-0.5%) to $12.78 on light volume Thus far, 556,355 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $12.73-$13.01 after having opened the day at $12.90 as compared to the previous trading day's close of $12.85.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individuals and group customers primarily in Asia, Canada, and the United States. Manulife Financial Corporation has a market cap of $23.5 billion and is part of the insurance industry. The company has a P/E ratio of 46.1, above the S&P 500 P/E ratio of 17.7. Shares are up 21.6% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Manulife Financial Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Manulife Financial Corporation Ratings Report now.

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3. As of noon trading, Fifth Third Bancorp ( FITB) is down $0.19 (-1.3%) to $14.45 on average volume Thus far, 4.2 million shares of Fifth Third Bancorp exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $14.39-$14.69 after having opened the day at $14.69 as compared to the previous trading day's close of $14.64.

Fifth Third Bancorp operates as a diversified financial services holding company in the United States. Fifth Third Bancorp has a market cap of $13.2 billion and is part of the banking industry. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are up 15.3% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Fifth Third Bancorp a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Fifth Third Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, expanding profit margins, notable return on equity and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Fifth Third Bancorp Ratings Report now.

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2. As of noon trading, SunTrust Banks ( STI) is down $0.42 (-1.6%) to $26.73 on light volume Thus far, 1.8 million shares of SunTrust Banks exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $26.56-$27.19 after having opened the day at $27.15 as compared to the previous trading day's close of $27.15.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services in the United States. SunTrust Banks has a market cap of $14.6 billion and is part of the banking industry. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7. Shares are up 52.7% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate SunTrust Banks a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates SunTrust Banks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full SunTrust Banks Ratings Report now.

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1. As of noon trading, Bank of America Corporation ( BAC) is down $0.04 (-0.5%) to $9.82 on light volume Thus far, 48.9 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 153.5 million shares. The stock has ranged in price between $9.78-$9.94 after having opened the day at $9.93 as compared to the previous trading day's close of $9.86.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services to individual consumers, small-and middle-market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $105.9 billion and is part of the banking industry. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 76.8% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk. Get the full Bank of America Corporation Ratings Report now.

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If you are interested in one of these 4 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).

A reminder about TheStreet Ratings group: 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.

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