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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 32 points (0.2%) at 14,286 as of Wednesday, March 6, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,509 issues advancing vs. 1,334 declining with 158 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Lloyds Banking Group ( LYG), down 1.9%, Banco Santander ( SAN), down 1.3%, Royal Bank of Scotland Group (The ( RBS), down 1.6%, Vornado Realty ( VNO), down 1.1% and Morgan Stanley ( MS), down 0.8%. Top gainers within the sector include Regions Financial Corporation ( RF), up 3.2%, Bank of America Corporation ( BAC), up 2.5%, Aegon ( AEG), up 2.5%, ING Groep N.V ( ING), up 2.0% and KeyCorp ( KEY), up 2.0%.

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

3. Royal Bank Of Canada ( RY) is one of the companies pushing the Financial sector lower today. As of noon trading, Royal Bank Of Canada is down $0.45 (-0.7%) to $61.60 on light volume Thus far, 168,682 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 490,300 shares. The stock has ranged in price between $61.50-$62.38 after having opened the day at $62.27 as compared to the previous trading day's close of $62.05.

Royal Bank of Canada provides personal and commercial banking, wealth management, insurance, investor and treasury, and capital markets services worldwide. Royal Bank Of Canada has a market cap of $89.6 billion and is part of the banking industry. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Royal Bank Of Canada as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Royal Bank Of Canada Ratings Report now.

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2. As of noon trading, Realty Income Corporation ( O) is down $0.99 (-2.1%) to $45.63 on heavy volume Thus far, 7.9 million shares of Realty Income Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $45.35-$45.65 after having opened the day at $45.36 as compared to the previous trading day's close of $46.62.

Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. Realty Income Corporation has a market cap of $8.2 billion and is part of the real estate industry. The company has a P/E ratio of 53.6, above the S&P 500 P/E ratio of 17.7. Shares are up 15.9% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Realty Income Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Realty Income Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Realty Income Corporation Ratings Report now.

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1. As of noon trading, Public Storage ( PSA) is down $1.15 (-0.8%) to $152.83 on light volume Thus far, 132,590 shares of Public Storage exchanged hands as compared to its average daily volume of 672,200 shares. The stock has ranged in price between $152.62-$154.62 after having opened the day at $154.32 as compared to the previous trading day's close of $153.98.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $26.2 billion and is part of the real estate industry. The company has a P/E ratio of 39.2, above the S&P 500 P/E ratio of 17.7. Shares are up 6.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Public Storage a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and expanding profit margins. 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 Public Storage Ratings Report now.

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If you are interested in one of these 5 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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