MTU, ING And AGNC, Pushing 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Ventas ( VTR), down 1.8%, HCP ( HCP), down 1.7%, Health Care REIT ( HCN), down 1.8%, Franklin Resources ( BEN), down 1.0% and Simon Property Group ( SPG), down 0.8%. Top gainers within the sector include HDFC Bank ( HDB), up 6.8%, Lloyds Banking Group ( LYG), up 2.9%, Weyerhaeuser ( WY), up 2.0%, Royal Bank of Scotland Group (The ( RBS), up 1.7% and Manulife Financial Corporation ( MFC), up 1.3%.

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

3. Mitsubishi UFJ Financial Group ( MTU) is one of the companies pushing the Financial sector lower today. As of noon trading, Mitsubishi UFJ Financial Group is down $0.07 (-1.1%) to $6.20 on average volume. Thus far, 1.5 million shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $6.16-$6.20 after having opened the day at $6.16 as compared to the previous trading day's close of $6.27.

Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. The company also engages in the wholesale and retail securities businesses. Mitsubishi UFJ Financial Group has a market cap of $86.2 billion and is part of the banking industry. Shares are up 15.7% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mitsubishi UFJ Financial Group 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 find that the growth in the company's earnings per share has not been good. Get the full Mitsubishi UFJ Financial 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, ING Groep N.V ( ING) is down $0.12 (-1.1%) to $10.98 on heavy volume. Thus far, 2.2 million shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $10.91-$11.01 after having opened the day at $10.92 as compared to the previous trading day's close of $11.11.

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 $42.1 billion and is part of the insurance industry. Shares are up 17.1% year to date as of the close of trading on Wednesday. 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.

1. As of noon trading, American Capital Agency ( AGNC) is down $0.52 (-2.3%) to $22.28 on light volume. Thus far, 2.7 million shares of American Capital Agency exchanged hands as compared to its average daily volume of 8.8 million shares. The stock has ranged in price between $22.25-$22.70 after having opened the day at $22.65 as compared to the previous trading day's close of $22.80.

American Capital Agency Corp. operates as a real estate investment trust (REIT). American Capital Agency has a market cap of $8.9 billion and is part of the real estate industry. Shares are down 21.1% year to date as of the close of trading on Wednesday. Currently there are 5 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 compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. 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.

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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