5 Stocks Pushing The Financial Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 2.4%, Orix Corporation ( IX), down 1.5%, MetLife ( MET), down 1.2%, HDFC Bank ( HDB), down 1.2% and Equity Residential ( EQR), down 0.9%. Top gainers within the sector include UBS ( UBS), up 2.3%, Visa ( V), up 2.2%, Host Hotels & Resorts ( HST), up 2.3%, HCP ( HCP), up 2.1% and Banco De Chile ( BCH), up 1.2%.

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

5. Sun Life Financial ( SLF) is one of the companies pushing the Financial sector lower today. As of noon trading, Sun Life Financial is down $0.36 (-1.1%) to $32.03 on light volume. Thus far, 105,415 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 370,800 shares. The stock has ranged in price between $31.82-$32.26 after having opened the day at $32.21 as compared to the previous trading day's close of $32.39.

Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $19.6 billion and is part of the insurance industry. Shares are up 22.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Sun Life Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity, solid stock price performance 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 Sun Life Financial 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, ING Groep N.V ( ING) is down $0.08 (-0.8%) to $10.51 on average volume. Thus far, 959,226 shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $10.46-$10.55 after having opened the day at $10.51 as compared to the previous trading day's close of $10.59.

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services. ING Groep N.V has a market cap of $39.0 billion and is part of the insurance industry. Shares are up 11.6% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates ING Groep N.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full ING Groep N.V 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, Aflac ( AFL) is down $1.07 (-1.7%) to $62.47 on light volume. Thus far, 836,790 shares of Aflac exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $62.42-$63.37 after having opened the day at $63.25 as compared to the previous trading day's close of $63.54.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. Aflac has a market cap of $28.8 billion and is part of the insurance industry. Shares are up 16.1% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Aflac a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Aflac as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Aflac 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, Travelers Companies ( TRV) is down $0.49 (-0.6%) to $83.87 on light volume. Thus far, 676,610 shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $83.51-$84.38 after having opened the day at $84.29 as compared to the previous trading day's close of $84.36.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. Travelers Companies has a market cap of $31.2 billion and is part of the insurance industry. Shares are up 16.3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Travelers Companies 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 New York Mellon ( BK) is down $0.24 (-0.8%) to $31.76 on light volume. Thus far, 1.4 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $31.71-$31.95 after having opened the day at $31.95 as compared to the previous trading day's close of $32.00.

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 $36.5 billion and is part of the financial services industry. Shares are up 22.4% year to date as of the close of trading on Thursday. 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 revenue growth, attractive valuation levels, expanding profit margins, 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 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.

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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