4 Financial Stocks Dragging The Sector Down

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 7 points (0.0%) at 14,818 as of Tuesday, Sept. 3, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,623 issues advancing vs. 1,312 declining with 88 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is down 0.3%. A company within the sector that fell today was Simon Property Group ( SPG), up 1.3%. Top gainers within the sector include Orix Corporation ( IX), up 5.8%, Shinhan Financial Group ( SHG), up 5.3%, Nomura Holdings ( NMR), up 5.3%, Mitsubishi UFJ Financial Group ( MTU), up 4.3% and KB Financial Group ( KB), up 3.0%.

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 $1.63 (-5.6%) to $27.35 on heavy volume. Thus far, 1.6 million shares of HDFC Bank exchanged hands as compared to its average daily volume of 869,800 shares. The stock has ranged in price between $27.01-$27.88 after having opened the day at $27.88 as compared to the previous trading day's close of $28.98.

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 $23.1 billion and is part of the banking industry. 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, Public Storage ( PSA) is down $1.96 (-1.3%) to $150.71 on light volume. Thus far, 198,702 shares of Public Storage exchanged hands as compared to its average daily volume of 626,700 shares. The stock has ranged in price between $150.48-$154.81 after having opened the day at $153.92 as compared to the previous trading day's close of $152.67.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $26.3 billion and is part of the real estate industry. Currently there are 6 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Public Storage 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, Ventas ( VTR) is down $1.11 (-1.8%) to $61.15 on average volume. Thus far, 777,183 shares of Ventas exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $61.08-$62.94 after having opened the day at $62.94 as compared to the previous trading day's close of $62.26.

Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, management, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. Ventas has a market cap of $18.3 billion and is part of the real estate industry. Currently there are 3 analysts that rate Ventas a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Ventas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, reasonable valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ventas 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, HCP ( HCP) is down $0.75 (-1.8%) to $39.98 on light volume. Thus far, 1.2 million shares of HCP exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $39.98-$41.12 after having opened the day at $41.09 as compared to the previous trading day's close of $40.73.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. HCP has a market cap of $18.6 billion and is part of the real estate industry. Currently there are 4 analysts that rate HCP a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates HCP as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full HCP 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).

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