STT, MET, MS, AIG And C, Pushing Financial Sector Downward

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 45 points (-0.3%) at 14,466 as of Thursday, March 21, 2013, 12:44 PM ET. The NYSE advances/declines ratio sits at 1,235 issues advancing vs. 1,661 declining with 139 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Raymond James Financial ( RJF), down 3.3%, Woori Finance Holdings ( WF), down 2.7%, Shinhan Financial Group ( SHG), down 1.9%, Lloyds Banking Group ( LYG), down 1.7% and Orix Corporation ( IX), down 1.7%. Top gainers within the sector include American Tower ( AMT), up 1.8%, Annaly Capital Management ( NLY), up 1.0%, Nomura Holdings ( NMR), up 1.0% and Ventas ( VTR), up 0.6%.

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

5. State Street ( STT) is one of the companies pushing the Financial sector lower today. As of noon trading, State Street is down $1.05 (-1.7%) to $59.48 on light volume Thus far, 1.1 million shares of State Street exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $59.36-$60.24 after having opened the day at $60.24 as compared to the previous trading day's close of $60.53.

State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide. State Street has a market cap of $27.1 billion and is part of the financial services industry. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 26.1% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate State Street a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates State Street 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, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full State Street Ratings Report now.

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4. As of noon trading, MetLife ( MET) is down $0.39 (-1.0%) to $38.16 on average volume Thus far, 4.1 million shares of MetLife exchanged hands as compared to its average daily volume of 9.1 million shares. The stock has ranged in price between $38.04-$38.48 after having opened the day at $38.28 as compared to the previous trading day's close of $38.55.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $42.8 billion and is part of the insurance industry. The company has a P/E ratio of 36.2, above the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate MetLife a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full MetLife Ratings Report now.

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3. As of noon trading, Morgan Stanley ( MS) is down $0.30 (-1.3%) to $22.44 on average volume Thus far, 8.1 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 21.2 million shares. The stock has ranged in price between $22.32-$22.68 after having opened the day at $22.57 as compared to the previous trading day's close of $22.74.

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 $45.1 billion and is part of the financial services industry. The company has a P/E ratio of 1149.5, above the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Wednesday. 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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2. As of noon trading, American International Group ( AIG) is down $0.39 (-1.0%) to $37.91 on average volume Thus far, 7.2 million shares of American International Group exchanged hands as compared to its average daily volume of 17.6 million shares. The stock has ranged in price between $37.75-$38.08 after having opened the day at $38.06 as compared to the previous trading day's close of $38.30.

American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. American International Group has a market cap of $57.0 billion and is part of the insurance industry. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate American International Group a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and feeble growth in the company's earnings per share. Get the full American International Group Ratings Report now.

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1. As of noon trading, Citigroup ( C) is down $0.27 (-0.6%) to $45.82 on average volume Thus far, 16.4 million shares of Citigroup exchanged hands as compared to its average daily volume of 33.3 million shares. The stock has ranged in price between $45.77-$46.45 after having opened the day at $45.91 as compared to the previous trading day's close of $46.09.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $140.7 billion and is part of the banking industry. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Wednesday. Currently there are 18 analysts that rate Citigroup a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Citigroup Ratings Report now.

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If you are interested in one of these 3 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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