4 Stocks Pushing The Financial Sector Lower

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 14 points (-0.1%) at 15,098 as of Friday, Aug. 16, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,393 issues advancing vs. 1,555 declining with 92 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include ING Groep N.V ( ING), down 2.7%, Ventas ( VTR), down 2.2%, Prologis ( PLD), down 1.9%, Simon Property Group ( SPG), down 1.6% and HCP ( HCP), down 1.5%. Top gainers within the sector include Lincoln National Corp (Radnor ( LNC), up 2.4%, TD Ameritrade Holding Corporation ( AMTD), up 2.1%, Nomura Holdings ( NMR), up 1.9%, Lloyds Banking Group ( LYG), up 1.8% and Credit Suisse Group ( CS), up 1.6%.

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

4. HDFC Bank ( HDB) is one of the companies pushing the Financial sector lower today. As of noon trading, HDFC Bank is down $1.00 (-3.2%) to $30.55 on average volume. Thus far, 564,034 shares of HDFC Bank exchanged hands as compared to its average daily volume of 766,500 shares. The stock has ranged in price between $30.25-$30.83 after having opened the day at $30.78 as compared to the previous trading day's close of $31.55.

HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $25.8 billion and is part of the banking industry. Shares are down 20.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates HDFC Bank a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and feeble growth in the company's earnings per share. Get the full HDFC 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.

3. As of noon trading, Loews Corporation ( L) is down $0.49 (-1.0%) to $46.48 on average volume. Thus far, 332,012 shares of Loews Corporation exchanged hands as compared to its average daily volume of 844,000 shares. The stock has ranged in price between $46.48-$46.95 after having opened the day at $46.75 as compared to the previous trading day's close of $46.97.

Loews Corporation operates primarily as a commercial property and casualty insurance company. The company operates in four segments: CNA Specialty, CNA Commercial, Life & Group Non-Core, and Other. Loews Corporation has a market cap of $18.4 billion and is part of the insurance industry. Shares are up 15.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Loews Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Loews Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, 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 Loews 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.

2. As of noon trading, General Growth Properties ( GGP) is down $0.31 (-1.5%) to $19.90 on average volume. Thus far, 1.9 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $19.88-$20.18 after having opened the day at $20.18 as compared to the previous trading day's close of $20.21.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities. General Growth Properties has a market cap of $19.9 billion and is part of the real estate industry. Shares are up 1.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate General Growth Properties a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates General Growth Properties as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, increase in stock price during the past year and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full General Growth 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, CME Group ( CME) is down $1.23 (-1.6%) to $73.60 on average volume. Thus far, 967,910 shares of CME Group exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $73.44-$74.89 after having opened the day at $74.64 as compared to the previous trading day's close of $74.83.

CME Group Inc. operates the CME, CBOT, NYMEX COMEX, and KCBT futures exchanges worldwide. It operates CBOT exchange, a marketplace for trading agricultural and the U.S. CME Group has a market cap of $24.7 billion and is part of the financial services industry. Shares are up 47.7% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate CME Group a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, 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 CME 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.

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

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home