4 Stocks Dragging 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 44 points (0.3%) at 15,539 as of Tuesday, Sept. 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,783 issues advancing vs. 1,120 declining with 134 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Allstate ( ALL), up 1.2%, BB&T ( BBT), up 1.1%, Aon plc ( AON), up 1.1%, Shinhan Financial Group ( SHG), up 1.0% and Toronto-Dominion Bank ( TD), up 0.9%.

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

4. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector lower today. As of noon trading, Lloyds Banking Group is down $0.16 (-3.3%) to $4.78 on heavy volume. Thus far, 5.1 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $4.75-$4.79 after having opened the day at $4.77 as compared to the previous trading day's close of $4.94.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $87.1 billion and is part of the banking industry. Shares are up 52.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Lloyds Banking 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, ING Groep N.V ( ING) is down $0.08 (-0.7%) to $11.90 on heavy volume. Thus far, 3.2 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 $11.87-$12.02 after having opened the day at $11.95 as compared to the previous trading day's close of $11.98.

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 $44.3 billion and is part of the insurance industry. Shares are up 21.8% year to date as of the close of trading on Monday. 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.

2. As of noon trading, Goldman Sachs Group ( GS) is down $1.24 (-0.7%) to $165.79 on average volume. Thus far, 1.2 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $165.66-$167.58 after having opened the day at $167.19 as compared to the previous trading day's close of $167.03.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $73.7 billion and is part of the financial services industry. Shares are up 28.6% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Goldman Sachs 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.

1. As of noon trading, Bank of America Corporation ( BAC) is down $0.10 (-0.7%) to $14.43 on light volume. Thus far, 37.4 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 100.1 million shares. The stock has ranged in price between $14.42-$14.62 after having opened the day at $14.53 as compared to the previous trading day's close of $14.53.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $155.7 billion and is part of the banking industry. Shares are up 24.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Bank of America 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.

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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