5 Stocks Dragging The Financial Sector Downward

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 47 points (-0.3%) at 15,521 as of Wednesday, July 24, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 716 issues advancing vs. 2,228 declining with 95 unchanged.

The Financial sector currently sits down 0.5% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include T. Rowe Price Group ( TROW), down 5.3%, Ventas ( VTR), down 3.3%, Health Care REIT ( HCN), down 3.0%, HCP ( HCP), down 2.7% and HDFC Bank ( HDB), down 2.2%.

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

5. Annaly Capital Management ( NLY) is one of the companies pushing the Financial sector lower today. As of noon trading, Annaly Capital Management is down $0.32 (-2.6%) to $11.70 on average volume. Thus far, 8.4 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $11.60-$11.96 after having opened the day at $11.94 as compared to the previous trading day's close of $12.01.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investments in United States. Annaly Capital Management has a market cap of $11.4 billion and is part of the real estate industry. Shares are down 14.2% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Annaly Capital Management a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and unimpressive growth in net income. Get the full Annaly Capital Management Ratings Report now.

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4. As of noon trading, Allstate ( ALL) is down $0.90 (-1.7%) to $51.18 on average volume. Thus far, 1.6 million shares of Allstate exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $51.03-$52.37 after having opened the day at $52.14 as compared to the previous trading day's close of $52.08.

The Allstate Corporation, through its subsidiaries, engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products primarily in the United States. Allstate has a market cap of $24.6 billion and is part of the insurance industry. Shares are up 30.5% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Allstate a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Allstate as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, 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 Allstate 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, Simon Property Group ( SPG) is down $1.97 (-1.2%) to $164.01 on average volume. Thus far, 732,305 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $163.68-$166.60 after having opened the day at $165.94 as compared to the previous trading day's close of $165.98.

Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $51.5 billion and is part of the real estate industry. Shares are up 5.0% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year 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 Simon Property 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.

2. As of noon trading, American Capital Agency ( AGNC) is down $0.67 (-3.0%) to $21.40 on average volume. Thus far, 4.3 million shares of American Capital Agency exchanged hands as compared to its average daily volume of 10.8 million shares. The stock has ranged in price between $21.20-$22.00 after having opened the day at $21.98 as compared to the previous trading day's close of $22.07.

American Capital Agency Corp. operates as a real estate investment trust (REIT). American Capital Agency has a market cap of $8.8 billion and is part of the real estate industry. Shares are down 23.4% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate American Capital Agency a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates American Capital Agency as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations 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 disappointing return on equity. Get the full American Capital Agency 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 $0.18 (-1.2%) to $14.76 on average volume. Thus far, 71.7 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 126.3 million shares. The stock has ranged in price between $14.71-$15.00 after having opened the day at $15.00 as compared to the previous trading day's close of $14.94.

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 $160.8 billion and is part of the banking industry. Shares are up 28.5% year to date as of the close of trading on Tuesday. Currently there are 7 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 growth in earnings per share, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. 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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