5 Stocks Pushing The Financial Services Industry Lower

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 87 points (-0.6%) at 14,874 as of Thursday, June 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,603 declining with 125 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is down 0.38. On the negative front, top decliners within the industry include Orix Corporation ( IX), down 2.83, and Nomura Holdings ( NMR), down 1.54.

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

5. T. Rowe Price Group ( TROW) is one of the companies pushing the Financial Services industry lower today. As of noon trading, T. Rowe Price Group is down $0.47 (-0.6%) to $72.79 on average volume Thus far, 523,924 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $72.51-$73.89 after having opened the day at $73.08 as compared to the previous trading day's close of $73.26.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $19.5 billion and is part of the financial sector. The company has a P/E ratio of 21.4, above the S&P 500 P/E ratio of 17.7. Shares are up 15.5% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full T. Rowe Price 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.

4. As of noon trading, CME Group ( CME) is down $0.37 (-0.5%) to $68.45 on light volume Thus far, 642,189 shares of CME Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $68.15-$69.37 after having opened the day at $68.64 as compared to the previous trading day's close of $68.82.

CME Group Inc. operates the CME, CBOT, NYMEX COMEX, and KCBT futures exchanges worldwide. It operates CBOT exchange, a marketplace for trading agricultural and the U.S. CME Group has a market cap of $23.1 billion and is part of the financial sector. The company has a P/E ratio of 26.5, above the S&P 500 P/E ratio of 17.7. Shares are up 36.5% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate CME Group a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CME 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.

3. As of noon trading, Bank of New York Mellon ( BK) is down $0.21 (-0.7%) to $28.80 on average volume Thus far, 2.7 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $28.68-$29.21 after having opened the day at $29.01 as compared to the previous trading day's close of $29.01.

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. Bank of New York Mellon has a market cap of $34.7 billion and is part of the financial sector. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Bank of New York Mellon 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, BlackRock ( BLK) is down $3.40 (-1.3%) to $261.88 on heavy volume Thus far, 835,107 shares of BlackRock exchanged hands as compared to its average daily volume of 718,700 shares. The stock has ranged in price between $260.52-$267.85 after having opened the day at $265.39 as compared to the previous trading day's close of $265.29.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $46.6 billion and is part of the financial sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 29.2% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate BlackRock a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full BlackRock 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, Morgan Stanley ( MS) is down $0.33 (-1.3%) to $24.70 on average volume Thus far, 9.0 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 19.1 million shares. The stock has ranged in price between $24.70-$25.36 after having opened the day at $25.10 as compared to the previous trading day's close of $25.03.

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 $49.9 billion and is part of the financial sector. The company has a P/E ratio of 45.5, above the S&P 500 P/E ratio of 17.7. Shares are up 30.9% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Morgan Stanley a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Morgan Stanley 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 5 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry 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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