5 Stocks Pushing The 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 52 points (-0.4%) at 14,567 as of Thursday, April 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,288 issues advancing vs. 1,600 declining with 135 unchanged.

The Financial sector currently sits down 0.18 versus the S&P 500, which is down 0.48. On the negative front, top decliners within the sector include Woori Finance Holdings ( WF), down 3.72, Royal Bank of Scotland Group (The ( RBS), down 3.25, Lloyds Banking Group ( LYG), down 2.73, Shinhan Financial Group ( SHG), down 2.50 and Deutsche Bank ( DB), down 2.33.

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

5. U.S. Bancorp ( USB) is one of the companies pushing the Financial sector lower today. As of noon trading, U.S. Bancorp is down $0.23 (-0.7%) to $32.15 on average volume Thus far, 4.1 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 9.9 million shares. The stock has ranged in price between $31.99-$32.44 after having opened the day at $32.44 as compared to the previous trading day's close of $32.38.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. U.S. Bancorp has a market cap of $61.0 billion and is part of the banking industry. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates U.S. Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, expanding profit margins, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full U.S. Bancorp Ratings Report now.

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4. As of noon trading, Morgan Stanley ( MS) is down $0.85 (-4.0%) to $20.62 on heavy volume Thus far, 27.8 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 19.4 million shares. The stock has ranged in price between $20.45-$21.47 after having opened the day at $21.35 as compared to the previous trading day's close of $21.47.

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 $42.8 billion and is part of the financial services industry. The company has a P/E ratio of 1092.5, above the S&P 500 P/E ratio of 17.7. Shares are up 12.3% year to date as of the close of trading on Wednesday.

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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3. As of noon trading, Wells Fargo ( WFC) is down $0.21 (-0.6%) to $36.35 on average volume Thus far, 8.9 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 22.8 million shares. The stock has ranged in price between $36.19-$36.64 after having opened the day at $36.59 as compared to the previous trading day's close of $36.56.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $195.4 billion and is part of the banking industry. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income 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 Wells Fargo Ratings Report now.

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2. As of noon trading, Citigroup ( C) is down $0.57 (-1.2%) to $45.17 on average volume Thus far, 16.0 million shares of Citigroup exchanged hands as compared to its average daily volume of 31.7 million shares. The stock has ranged in price between $44.88-$45.75 after having opened the day at $45.75 as compared to the previous trading day's close of $45.74.

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 $141.9 billion and is part of the banking industry. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 15.6% year to date as of the close of trading on Wednesday.

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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1. As of noon trading, Bank of America Corporation ( BAC) is down $0.44 (-3.8%) to $11.26 on heavy volume Thus far, 122.8 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 149.5 million shares. The stock has ranged in price between $11.23-$11.65 after having opened the day at $11.61 as compared to the previous trading day's close of $11.70.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for 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 $132.9 billion and is part of the banking industry. The company has a P/E ratio of 49.1, above the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Wednesday.

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