3 Stocks Pushing The Financial Sector Lower

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 89 points (0.6%) at 15,077 as of Friday, July 5, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,417 issues advancing vs. 1,574 declining with 76 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.6%. On the negative front, top decliners within the sector include American Capital Agency ( AGNC), down 7.7%, Annaly Capital Management ( NLY), down 6.8%, Ventas ( VTR), down 3.3%, Health Care REIT ( HCN), down 3.2% and HCP ( HCP), down 2.9%. Top gainers within the sector include Lincoln National Corp (Radnor ( LNC), up 4.7%, SunTrust Banks ( STI), up 3.6%, Nomura Holdings ( NMR), up 3.7%, ING Groep N.V ( ING), up 3.2% and Charles Schwab ( SCHW), up 2.8%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Banco Santander Chile ( BSAC) is one of the companies pushing the Financial sector lower today. As of noon trading, Banco Santander Chile is down $0.84 (-3.6%) to $22.72 on light volume. Thus far, 97,423 shares of Banco Santander Chile exchanged hands as compared to its average daily volume of 369,900 shares. The stock has ranged in price between $22.60-$23.69 after having opened the day at $23.55 as compared to the previous trading day's close of $23.56.

Banco Santander-Chile provides commercial and retail banking services in Chile. It operates through two segments, Commercial Banking, and Global Banking and Markets. Banco Santander Chile has a market cap of $11.2 billion and is part of the banking industry. Shares are down 16.7% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Banco Santander Chile a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Banco Santander Chile as a hold. The company's strengths can be seen in multiple areas, such as its 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 and deteriorating net income. Get the full Banco Santander Chile 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, Brookfield Office Properties ( BPO) is down $0.64 (-3.8%) to $16.07 on light volume. Thus far, 514,065 shares of Brookfield Office Properties exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $15.96-$16.72 after having opened the day at $16.57 as compared to the previous trading day's close of $16.71.

Brookfield Properties Corporation is a publicly owned real estate investment firm. The firm engages in the ownership, development, and management of premier commercial properties. It also provides ancillary real estate service businesses, such as tenant service and amenities. Brookfield Office Properties has a market cap of $8.5 billion and is part of the real estate industry. Shares are down 0.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Brookfield Office Properties a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Brookfield Office Properties as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. Get the full Brookfield Office 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, Brookfield Asset Management ( BAM) is down $0.63 (-1.8%) to $35.06 on average volume. Thus far, 360,601 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 956,500 shares. The stock has ranged in price between $34.98-$35.89 after having opened the day at $35.87 as compared to the previous trading day's close of $35.69.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $22.2 billion and is part of the real estate industry. Shares are down 2.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Brookfield Asset Management a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable 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 Brookfield Asset Management 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 sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

null

More from Markets

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers