4 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 15,069 as of Wednesday, May 8, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,670 issues advancing vs. 1,254 declining with 121 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 1.88, HCP ( HCP), down 1.71, Orix Corporation ( IX), down 1.53, Health Care REIT ( HCN), down 1.50 and Visa ( V), down 1.00. Top gainers within the sector include ING Groep N.V ( ING), up 3.8%, Lloyds Banking Group ( LYG), up 2.3%, Citigroup ( C), up 2.2%, UBS ( UBS), up 2.0% and Bank of America Corporation ( BAC), up 1.7%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector lower today:

4. Aegon ( AEG) is one of the companies pushing the Financial sector lower today. As of noon trading, Aegon is down $0.20 (-2.9%) to $6.64 on heavy volume Thus far, 2.4 million shares of Aegon exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $6.51-$6.64 after having opened the day at $6.61 as compared to the previous trading day's close of $6.84.

Aegon N.V. provides life insurance, pension, and asset management products and services. Aegon has a market cap of $13.1 billion and is part of the insurance industry. The company has a P/E ratio of 3.4, below 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.

TheStreet Ratings rates Aegon 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, compelling growth 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 shows weak operating cash flow. Get the full Aegon Ratings Report now.

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