5 Stocks Pushing The Financial Sector Downward

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%. On the negative front, top decliners within the sector include HCP ( HCP), down 2.0%, KB Financial Group ( KB), down 2.1%, Simon Property Group ( SPG), down 2.0%, American Capital Agency ( AGNC), down 2.6% and Shinhan Financial Group ( SHG), down 1.5%. Top gainers within the sector include Mitsubishi UFJ Financial Group ( MTU), up 1.8%, SunTrust Banks ( STI), up 1.1%, CME Group ( CME), up 1.0%, Visa ( V), up 1.1% and Travelers Companies ( TRV), up 0.8%.

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

5. Credicorp ( BAP) is one of the companies pushing the Financial sector lower today. As of noon trading, Credicorp is down $3.24 (-2.5%) to $124.00 on heavy volume. Thus far, 307,989 shares of Credicorp exchanged hands as compared to its average daily volume of 350,600 shares. The stock has ranged in price between $122.74-$132.96 after having opened the day at $132.96 as compared to the previous trading day's close of $127.24.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $10.2 billion and is part of the banking industry. Shares are down 13.2% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Credicorp a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and relatively poor performance when compared with the S&P 500 during the past year. Get the full Credicorp 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, Banco Santander ( SAN) is down $0.08 (-1.2%) to $6.47 on average volume. Thus far, 3.1 million shares of Banco Santander exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $6.35-$6.48 after having opened the day at $6.39 as compared to the previous trading day's close of $6.55.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $71.2 billion and is part of the banking industry. Shares are down 19.8% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Banco Santander a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Banco Santander as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income. Get the full Banco Santander 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, Toronto-Dominion Bank ( TD) is down $0.58 (-0.7%) to $79.71 on average volume. Thus far, 255,645 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 595,300 shares. The stock has ranged in price between $79.70-$80.43 after having opened the day at $80.09 as compared to the previous trading day's close of $80.29.

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 $74.5 billion and is part of the banking industry. Shares are down 4.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. Get the full Toronto-Dominion Bank 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, MetLife ( MET) is down $0.29 (-0.6%) to $46.28 on light volume. Thus far, 2.5 million shares of MetLife exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $46.01-$46.43 after having opened the day at $46.14 as compared to the previous trading day's close of $46.57.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $51.0 billion and is part of the insurance industry. Shares are up 41.4% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate MetLife a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase 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 low profit margins. Get the full MetLife 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, Bank of America Corporation ( BAC) is down $0.08 (-0.6%) to $12.82 on light volume. Thus far, 30.5 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 131.2 million shares. The stock has ranged in price between $12.73-$12.84 after having opened the day at $12.82 as compared to the previous trading day's close of $12.90.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $139.4 billion and is part of the banking industry. Shares are up 11.1% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Bank of America 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.

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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