ING, CS, COF, SCHW And MET, 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 61 points (0.4%) at 15,361 as of Friday, Sept. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,640 issues advancing vs. 1,247 declining with 140 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Banco Santander Chile ( BSAC), down 1.7%, Woori Finance Holdings ( WF), down 1.5%, Banco De Chile ( BCH), down 1.2%, American Tower ( AMT), down 0.9% and CME Group ( CME), down 0.6%. Top gainers within the sector include Annaly Capital Management ( NLY), up 2.0%, Visa ( V), up 2.0%, General Growth Properties ( GGP), up 1.7%, Lloyds Banking Group ( LYG), up 1.6% and Franklin Resources ( BEN), up 0.7%.

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

5. ING Groep N.V ( ING) is one of the companies pushing the Financial sector lower today. As of noon trading, ING Groep N.V is down $0.12 (-1.0%) to $11.50 on average volume. Thus far, 1.2 million shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $11.42-$11.54 after having opened the day at $11.50 as compared to the previous trading day's close of $11.62.

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 $44.6 billion and is part of the insurance industry. Shares are up 22.6% 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 and poor profit margins. 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.

4. As of noon trading, Credit Suisse Group ( CS) is down $0.31 (-1.0%) to $30.56 on light volume. Thus far, 248,394 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $30.38-$30.62 after having opened the day at $30.58 as compared to the previous trading day's close of $30.87.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $49.4 billion and is part of the banking industry. Shares are up 26.3% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Credit Suisse 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.

3. As of noon trading, Capital One Financial ( COF) is down $0.47 (-0.7%) to $67.48 on average volume. Thus far, 1.1 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $67.42-$68.18 after having opened the day at $67.96 as compared to the previous trading day's close of $67.95.

In the first quarter of 2012, COF completed the acquisition of the U.S. business of ING Direct, which added nearly $100 billion in assets to COF's balance sheet. The purchase significantly enhances the organization's deposit gathering capability. Capital One Financial has a market cap of $39.6 billion and is part of the financial services industry. Shares are up 16.7% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Capital One 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.

2. As of noon trading, Charles Schwab ( SCHW) is down $0.16 (-0.8%) to $21.90 on average volume. Thus far, 4.6 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $21.84-$22.22 after having opened the day at $22.17 as compared to the previous trading day's close of $22.07.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $28.6 billion and is part of the financial services industry. Shares are up 54.9% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Charles Schwab a buy, 4 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Charles Schwab 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, MetLife ( MET) is down $0.47 (-0.9%) to $48.81 on light volume. Thus far, 2.3 million shares of MetLife exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $48.78-$49.33 after having opened the day at $49.32 as compared to the previous trading day's close of $49.28.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $54.4 billion and is part of the insurance industry. Shares are up 50.4% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate MetLife a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its 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 has had sub par growth in net income. Get the full MetLife 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 3 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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