HDB, RY, STI, HIG And RF, 5 Financial Stocks Pushing The 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 32 points (-0.2%) at 15,645 as of Thursday, Sept. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,343 issues advancing vs. 1,599 declining with 112 unchanged.

The Financial sector currently sits down 0.3% 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 4.3%, Lincoln National Corp (Radnor ( LNC), down 4.1%, Aegon ( AEG), down 3.9%, Manulife Financial Corporation ( MFC), down 3.0% and MetLife ( MET), down 3.0%. Top gainers within the sector include Orix Corporation ( IX), up 2.8%, Aon plc ( AON), up 2.1%, Boston Properties ( BXP), up 1.7%, Allstate ( ALL), up 1.7% and Travelers Companies ( TRV), up 1.6%.

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

5. HDFC Bank ( HDB) is one of the companies pushing the Financial sector lower today. As of noon trading, HDFC Bank is down $0.40 (-1.2%) to $34.19 on average volume. Thus far, 527,055 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $34.16-$35.30 after having opened the day at $35.25 as compared to the previous trading day's close of $34.59.

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 20.5% year to date as of the close of trading on Wednesday. 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.

4. As of noon trading, Royal Bank Of Canada ( RY) is down $0.46 (-0.7%) to $64.39 on light volume. Thus far, 134,923 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 635,300 shares. The stock has ranged in price between $64.24-$65.01 after having opened the day at $65.01 as compared to the previous trading day's close of $64.85.

Royal Bank of Canada provides personal and commercial banking, wealth management, insurance, investor and treasury, and capital markets services worldwide. Royal Bank Of Canada has a market cap of $92.7 billion and is part of the banking industry. Shares are up 6.8% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Royal Bank Of Canada as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, notable return on equity and expanding profit margins. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Royal Bank Of Canada 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, SunTrust Banks ( STI) is down $1.08 (-3.2%) to $33.08 on heavy volume. Thus far, 3.5 million shares of SunTrust Banks exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $33.00-$34.39 after having opened the day at $34.26 as compared to the previous trading day's close of $34.17.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. SunTrust Banks has a market cap of $18.3 billion and is part of the banking industry. Shares are up 19.8% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate SunTrust Banks a buy, 3 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates SunTrust Banks as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full SunTrust Banks 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, Hartford Financial Services Group ( HIG) is down $0.75 (-2.4%) to $31.20 on heavy volume. Thus far, 3.8 million shares of Hartford Financial Services Group exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $31.02-$31.97 after having opened the day at $31.90 as compared to the previous trading day's close of $31.95.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers primarily in the United States and Japan. Hartford Financial Services Group has a market cap of $14.7 billion and is part of the insurance industry. Shares are up 43.9% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Hartford Financial Services Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Hartford Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hartford Financial Services 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, Regions Financial Corporation ( RF) is down $0.29 (-3.0%) to $9.32 on heavy volume. Thus far, 17.5 million shares of Regions Financial Corporation exchanged hands as compared to its average daily volume of 15.2 million shares. The stock has ranged in price between $9.24-$9.64 after having opened the day at $9.62 as compared to the previous trading day's close of $9.61.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. Regions Financial Corporation has a market cap of $13.5 billion and is part of the banking industry. Shares are up 35.2% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Regions Financial Corporation a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Regions Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Regions Financial 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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