5 Stocks Underperforming Today In The Financial Sector

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 14 points (0.1%) at 16,456 as of Friday, Jan. 3, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,181 declining with 172 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Shinhan Financial Group ( SHG), down 2.5%, KB Financial Group ( KB), down 2.5% and Woori Finance Holdings ( WF), down 2.4%. Top gainers within the sector include Icahn ( IEP), up 4.1%, KKR ( KKR), up 2.7%, Credit Suisse Group ( CS), up 2.5%, State Street ( STT), up 1.9% and Blackstone Group ( BX), up 1.8%.

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

5. RenaissanceRe Holdings ( RNR) is one of the companies pushing the Financial sector lower today. As of noon trading, RenaissanceRe Holdings is down $2.84 (-3.0%) to $91.24 on heavy volume. Thus far, 834,860 shares of RenaissanceRe Holdings exchanged hands as compared to its average daily volume of 362,200 shares. The stock has ranged in price between $91.07-$94.32 after having opened the day at $94.12 as compared to the previous trading day's close of $94.08.

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally. RenaissanceRe Holdings has a market cap of $4.3 billion and is part of the insurance industry. Shares are down 3.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate RenaissanceRe Holdings a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates RenaissanceRe Holdings 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, growth in earnings per share, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full RenaissanceRe 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.

4. As of noon trading, Progressive Corporation ( PGR) is down $0.24 (-0.9%) to $26.48 on light volume. Thus far, 776,151 shares of Progressive Corporation exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $26.44-$26.77 after having opened the day at $26.70 as compared to the previous trading day's close of $26.72.

The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance, and other specialty property-casualty insurance products and related services primarily in the United States. Progressive Corporation has a market cap of $16.4 billion and is part of the insurance industry. Shares are down 2.0% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Progressive Corporation a buy, 8 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Progressive Corporation 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, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Progressive 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.

3. As of noon trading, Health Care REIT ( HCN) is down $0.49 (-0.9%) to $53.05 on average volume. Thus far, 800,489 shares of Health Care REIT exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $53.01-$53.38 after having opened the day at $53.34 as compared to the previous trading day's close of $53.54.

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $15.5 billion and is part of the real estate industry. Shares are down 0.0% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Health Care REIT a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Health Care REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Health Care REIT 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, Discover Financial Services ( DFS) is down $0.32 (-0.6%) to $55.04 on light volume. Thus far, 646,682 shares of Discover Financial Services exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $55.00-$55.56 after having opened the day at $55.38 as compared to the previous trading day's close of $55.36.

Discover Financial Services, a bank holding company, provides direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. Discover Financial Services has a market cap of $26.7 billion and is part of the financial services industry. Shares are down 1.1% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Discover Financial Services a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Discover Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, largely solid financial position with reasonable debt levels by most measures 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 Discover Financial Services 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, Prudential Financial ( PRU) is down $0.58 (-0.6%) to $90.18 on light volume. Thus far, 627,993 shares of Prudential Financial exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $90.04-$91.05 after having opened the day at $90.06 as compared to the previous trading day's close of $90.76.

Prudential Financial, Inc., through its subsidiaries, provides a range of insurance, investment management, and other financial products and services to both individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $42.5 billion and is part of the insurance industry. Shares are down 1.6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Prudential Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Prudential 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.

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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