5 Financial Stocks Dragging The Sector Down

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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include American Capital Agency ( AGNC), down 3.69, Annaly Capital Management ( NLY), down 2.97, Banco Santander ( SAN), down 1.86, Lloyds Banking Group ( LYG), down 1.79 and UBS ( UBS), down 1.24. Top gainers within the sector include Mitsubishi UFJ Financial Group ( MTU), up 7.0%, Orix Corporation ( IX), up 3.4%, State Street ( STT), up 2.1%, Franklin Resources ( BEN), up 1.7% and JPMorgan Chase ( JPM), up 0.9%.

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

5. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Financial sector lower today. As of noon trading, Royal Bank of Scotland Group (The is down $0.14 (-1.5%) to $9.13 on average volume Thus far, 333,050 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 606,300 shares. The stock has ranged in price between $9.10-$9.18 after having opened the day at $9.16 as compared to the previous trading day's close of $9.27.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $27.8 billion and is part of the banking industry. Shares are down 14.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share. Get the full Royal Bank of Scotland Group (The Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

4. As of noon trading, ING Groep N.V ( ING) is down $0.12 (-1.4%) to $8.70 on light volume Thus far, 687,688 shares of ING Groep N.V exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $8.64-$8.74 after having opened the day at $8.71 as compared to the previous trading day's close of $8.82.

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services. ING Groep N.V has a market cap of $34.0 billion and is part of the insurance industry. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7. Shares are down 6.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates ING Groep N.V as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, weak operating cash flow and poor profit margins. Get the full ING Groep N.V Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

3. As of noon trading, Toronto-Dominion Bank ( TD) is down $0.50 (-0.6%) to $81.87 on average volume Thus far, 201,332 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 504,100 shares. The stock has ranged in price between $81.57-$82.62 after having opened the day at $82.55 as compared to the previous trading day's close of $82.37.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $75.9 billion and is part of the banking industry. The company has a P/E ratio of 11.6, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates Toronto-Dominion Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Toronto-Dominion Bank Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

2. As of noon trading, Credit Suisse Group ( CS) is down $0.32 (-1.1%) to $29.51 on light volume Thus far, 572,485 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $29.09-$29.59 after having opened the day at $29.33 as compared to the previous trading day's close of $29.83.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $39.4 billion and is part of the banking industry. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates Credit Suisse Group as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. Get the full Credit Suisse Group Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

1. As of noon trading, Capital One Financial ( COF) is down $0.74 (-1.2%) to $58.78 on light volume Thus far, 1.0 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $58.50-$59.52 after having opened the day at $59.38 as compared to the previous trading day's close of $59.51.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States. Capital One Financial has a market cap of $34.5 billion and is part of the financial services 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 2.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Capital One Financial Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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.
null

If you liked this article you might like

Deutsche Bank Securities Fined $70 Million in Manipulation Case

Deutsche Bank Securities Fined $70 Million in Manipulation Case

European Stocks Notch Firm Gains, Wall Street Futures Improve as Dollar Rebounds

European Stocks Notch Firm Gains, Wall Street Futures Improve as Dollar Rebounds

Bank of England: U.K. Lenders Could Weather a 'Disorderly' Brexit

Bank of England: U.K. Lenders Could Weather a 'Disorderly' Brexit

Bank of England Says U.K. Lenders Could Weather 'Disorderly' Brexit

Bank of England Says U.K. Lenders Could Weather 'Disorderly' Brexit

Royal Bank of Scotland Stock Gains as it Swings into Profit

Royal Bank of Scotland Stock Gains as it Swings into Profit