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 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Financial sector currently sits down 0.26 versus the S&P 500, which is down 0.24. On the negative front, top decliners within the sector include Prologis ( PLD), down 1.45, Public Storage ( PSA), down 1.52, Canadian Imperial Bank of Commerce ( CM), down 1.08, MasterCard Incorporated ( MA), down 0.84 and Toronto-Dominion Bank ( TD), down 0.72.

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

5. Manulife Financial Corporation ( MFC) is one of the companies pushing the Financial sector lower today. As of noon trading, Manulife Financial Corporation is down $0.31 (-1.9%) to $15.70 on average volume Thus far, 1.3 million shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $15.66-$16.06 after having opened the day at $15.95 as compared to the previous trading day's close of $16.01.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. Manulife Financial Corporation has a market cap of $29.0 billion and is part of the insurance industry. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Manulife Financial Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Manulife Financial Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Royal Bank Of Canada ( RY) is down $0.55 (-0.9%) to $59.27 on light volume Thus far, 207,718 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 626,800 shares. The stock has ranged in price between $59.23-$59.77 after having opened the day at $59.49 as compared to the previous trading day's close of $59.82.

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 $85.9 billion and is part of the banking industry. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 2 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 increase in stock price during the past year. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Royal Bank Of Canada Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Berkshire Hathaway ( BRK.A) is down $1,090.00 (-0.6%) to $169,821.00 on average volume Thus far, 243 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 500 shares. The stock has ranged in price between $169,787.50-$170,900.00 after having opened the day at $170,703.24 as compared to the previous trading day's close of $170,911.00.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway has a market cap of $152.7 billion and is part of the insurance industry. The company has a P/E ratio of 173.4, above the S&P 500 P/E ratio of 17.7. Shares are up 27.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Berkshire Hathaway Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, General Growth Properties ( GGP) is down $0.26 (-1.3%) to $20.16 on light volume Thus far, 1.4 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $20.12-$20.54 after having opened the day at $20.47 as compared to the previous trading day's close of $20.42.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities. General Growth Properties has a market cap of $19.9 billion and is part of the real estate industry. Shares are up 3.4% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate General Growth Properties a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Growth Properties as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full General Growth Properties Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, American International Group ( AIG) is down $0.37 (-0.8%) to $44.38 on average volume Thus far, 6.7 million shares of American International Group exchanged hands as compared to its average daily volume of 16.4 million shares. The stock has ranged in price between $44.24-$45.47 after having opened the day at $44.96 as compared to the previous trading day's close of $44.75.

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 $65.6 billion and is part of the insurance industry. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are up 25.9% year to date as of the close of trading on Monday. 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 4 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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