4 Stocks Boosting The Financial Sector Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 66 points (0.4%) at 14,999 as of Wednesday, July 3, 2013, 12:51 PM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,690 declining with 89 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Mitsubishi UFJ Financial Group ( MTU), up 1.6%, SunTrust Banks ( STI), up 1.1%, CME Group ( CME), up 0.9%, Visa ( V), up 0.9% and Travelers Companies ( TRV), up 0.8%. On the negative front, top decliners within the sector include HCP ( HCP), down 2.4%, KB Financial Group ( KB), down 2.2%, Simon Property Group ( SPG), down 2.2%, American Capital Agency ( AGNC), down 2.0% and Shinhan Financial Group ( SHG), down 1.7%.

TheStreet would like to highlight 4 stocks pushing the sector higher today:

4. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector higher today. As of noon trading, Lloyds Banking Group is up $0.05 (1.3%) to $3.88 on average volume. Thus far, 1.2 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $3.82-$3.88 after having opened the day at $3.83 as compared to the previous trading day's close of $3.83.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $69.3 billion and is part of the banking industry. Shares are up 19.4% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Lloyds Banking Group Ratings Report now.

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3. As of noon trading, Aegon ( AEG) is up $0.11 (1.6%) to $7.01 on average volume. Thus far, 682,029 shares of Aegon exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $6.93-$7.04 after having opened the day at $6.94 as compared to the previous trading day's close of $6.90.

Aegon N.V. provides life insurance, pension, and asset management products and services. Aegon has a market cap of $13.2 billion and is part of the insurance industry. Shares are up 7.1% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Aegon a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Aegon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Aegon Ratings Report now.

3x UPSIDE POTENTIAL: 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, Royal Bank of Scotland Group (The ( RBS) is up $0.08 (1.0%) to $8.31 on heavy volume. Thus far, 1.6 million shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $8.15-$8.32 after having opened the day at $8.18 as compared to the previous trading day's close of $8.23.

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 $26.2 billion and is part of the banking industry. Shares are down 23.7% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Royal Bank of Scotland Group (The Ratings Report now.

3x UPSIDE POTENTIAL: 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, Ocwen Financial Corporation ( OCN) is up $0.89 (2.2%) to $42.04 on light volume. Thus far, 768,670 shares of Ocwen Financial Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $40.38-$42.27 after having opened the day at $41.07 as compared to the previous trading day's close of $41.15.

Ocwen Financial Corporation, through its subsidiaries, engages in the servicing and origination of mortgage loans in the United States and internationally. Ocwen Financial Corporation has a market cap of $5.7 billion and is part of the banking industry. Shares are up 19.0% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Ocwen Financial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ocwen Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Ocwen Financial Corporation Ratings Report now.

3x UPSIDE POTENTIAL: 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).

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