3 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 14,074 as of Monday, March 4, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,591 declining with 184 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Credit Suisse Group ( CS), down 2.9%, Royal Bank of Scotland Group (The ( RBS), down 1.8%, UBS ( UBS), down 2.0%, Deutsche Bank ( DB), down 1.3% and ING Groep N.V ( ING), down 1.2%. Top gainers within the sector include Orix Corporation ( IX), up 5.0%, Charles Schwab ( SCHW), up 1.5%, Mitsubishi UFJ Financial Group ( MTU), up 0.7%, Citigroup ( C), up 0.6% and Bank of New York Mellon ( BK), up 0.7%.

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

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector lower today. As of noon trading, Lloyds Banking Group is down $0.07 (-2.4%) to $3.09 on heavy volume Thus far, 2.0 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $3.07-$3.11 after having opened the day at $3.09 as compared to the previous trading day's close of $3.16.

Lloyds Banking Group plc provides banking and financial services to personal and corporate customers primarily in the United Kingdom. The company's Retail division provides banking, mortgages, and other financial services to personal customers. Lloyds Banking Group has a market cap of $56.8 billion and is part of the banking industry. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Lloyds Banking Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Lloyds Banking Group Ratings Report now.

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2. As of noon trading, HDFC Bank ( HDB) is down $0.66 (-1.7%) to $37.49 on average volume Thus far, 431,717 shares of HDFC Bank exchanged hands as compared to its average daily volume of 767,300 shares. The stock has ranged in price between $37.33-$37.95 after having opened the day at $37.89 as compared to the previous trading day's close of $38.15.

HDFC Bank Limited, together with its subsidiaries, provides retail banking, wholesale banking, treasury, and other financial services to individual and business customers in India. HDFC Bank has a market cap of $29.8 billion and is part of the banking industry. The company has a P/E ratio of 30.9, above the S&P 500 P/E ratio of 17.7. Shares are down 6.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full HDFC Bank Ratings Report now.

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1. As of noon trading, Morgan Stanley ( MS) is down $0.12 (-0.5%) to $22.31 on light volume Thus far, 5.7 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 21.3 million shares. The stock has ranged in price between $22.12-$22.45 after having opened the day at $22.37 as compared to the previous trading day's close of $22.43.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $44.2 billion and is part of the financial services industry. The company has a P/E ratio of 1127.5, above the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Morgan Stanley a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Morgan Stanley 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 growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. Get the full Morgan Stanley 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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