3 Stocks Pulling 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 15,311 as of Wednesday, Sept. 25, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,760 issues advancing vs. 1,167 declining with 109 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Deutsche Bank ( DB), down 2.1%, Shinhan Financial Group ( SHG), down 1.7%, Boston Properties ( BXP), down 1.4%, MasterCard Incorporated ( MA), down 1.0% and Visa ( V), down 0.7%. Top gainers within the sector include CME Group ( CME), up 2.1%, Royal Bank of Scotland Group (The ( RBS), up 2.0%, Fifth Third Bancorp ( FITB), up 1.4%, Capital One Financial ( COF), up 1.4% and Bank of New York Mellon ( BK), up 1.2%.

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

3. Nomura Holdings ( NMR) is one of the companies pushing the Financial sector lower today. As of noon trading, Nomura Holdings is down $0.08 (-1.0%) to $7.87 on light volume. Thus far, 134,922 shares of Nomura Holdings exchanged hands as compared to its average daily volume of 581,700 shares. The stock has ranged in price between $7.76-$7.94 after having opened the day at $7.94 as compared to the previous trading day's close of $7.95.

Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. The company operates through three divisions: Retail, Asset Management, and Wholesale. Nomura Holdings has a market cap of $29.3 billion and is part of the financial services industry. Shares are up 34.8% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Nomura Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Nomura Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that revenues have generally been declining. Get the full Nomura Holdings 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, HDFC Bank ( HDB) is down $0.95 (-2.9%) to $31.60 on average volume. Thus far, 508,799 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 $31.30-$32.19 after having opened the day at $32.16 as compared to the previous trading day's close of $32.55.

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 Tuesday. 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.

1. As of noon trading, BlackRock ( BLK) is down $2.21 (-0.8%) to $270.29 on average volume. Thus far, 308,827 shares of BlackRock exchanged hands as compared to its average daily volume of 653,700 shares. The stock has ranged in price between $268.75-$271.78 after having opened the day at $270.02 as compared to the previous trading day's close of $272.50.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $46.2 billion and is part of the financial services industry. Shares are up 33.0% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate BlackRock a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full BlackRock 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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