3 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 1 points (-0.0%) at 13,971 as of Friday, Feb. 15, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,429 issues advancing vs. 1,408 declining with 163 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is unchanged. A company within the industry that fell today was Morgan Stanley ( MS), up 1.0%. A company within the industry that increased today was Blackstone Group ( BX), up 2.3%.

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

3. Invesco ( IVZ) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Invesco is down $0.36 (-1.3%) to $27.42 on average volume Thus far, 1.7 million shares of Invesco exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $27.40-$27.79 after having opened the day at $27.76 as compared to the previous trading day's close of $27.78.

Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. Invesco has a market cap of $12.3 billion and is part of the financial sector. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are up 5.9% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Invesco a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Invesco Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, T. Rowe Price Group ( TROW) is down $0.59 (-0.8%) to $73.25 on average volume Thus far, 782,451 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $73.15-$73.57 after having opened the day at $73.40 as compared to the previous trading day's close of $73.84.

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 $19.1 billion and is part of the financial sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are up 14.0% year to date as of the close of trading on Thursday. Currently there are 12 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 revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full T. Rowe Price Group Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Capital One Financial ( COF) is down $1.19 (-2.2%) to $54.40 on heavy volume Thus far, 4.0 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $54.12-$56.09 after having opened the day at $56.09 as compared to the previous trading day's close of $55.59.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA), and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. Capital One Financial has a market cap of $32.0 billion and is part of the financial sector. The company has a P/E ratio of 8.4, below the S&P 500 P/E ratio of 17.7. Shares are down 4.9% year to date as of the close of trading on Thursday. Currently there are 19 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, attractive valuation levels 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. Get the full Capital One Financial Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry 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.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing