5 Stocks Dragging In The Financial Services Industry

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 39 points (-0.2%) at 16,431 as of Monday, Jan. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,618 declining with 151 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Noah Holdings ( NOAH), down 4.3%, WisdomTree Investments ( WETF), down 1.6%, Financial Engines ( FNGN), down 1.2%, CBOE Holdings ( CBOE), down 1.0% and SEI Investments Company ( SEIC), down 0.8%.

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

5. Northern Trust Corporation ( NTRS) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Northern Trust Corporation is down $0.40 (-0.7%) to $60.90 on average volume. Thus far, 524,577 shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $60.84-$61.79 after having opened the day at $61.47 as compared to the previous trading day's close of $61.30.

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions worldwide. Northern Trust Corporation has a market cap of $14.6 billion and is part of the financial sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Northern Trust Corporation a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Northern Trust Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, reasonable valuation levels, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Northern Trust 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.

4. As of noon trading, Affiliated Managers Group ( AMG) is down $1.34 (-0.6%) to $213.02 on light volume. Thus far, 47,766 shares of Affiliated Managers Group exchanged hands as compared to its average daily volume of 346,700 shares. The stock has ranged in price between $212.73-$217.41 after having opened the day at $215.30 as compared to the previous trading day's close of $214.36.

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. Affiliated Managers Group has a market cap of $11.3 billion and is part of the financial sector. The company has a P/E ratio of 147.2, above the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Affiliated Managers Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Affiliated Managers Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, 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 Affiliated Managers 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, Ameriprise Financial ( AMP) is down $0.84 (-0.7%) to $113.06 on heavy volume. Thus far, 877,424 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $112.77-$115.72 after having opened the day at $114.55 as compared to the previous trading day's close of $113.90.

Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $22.2 billion and is part of the financial sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 1.0% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ameriprise Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Ameriprise 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, Blackstone Group ( BX) is down $0.22 (-0.7%) to $31.83 on light volume. Thus far, 1.5 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $31.79-$32.68 after having opened the day at $32.28 as compared to the previous trading day's close of $32.05.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $17.7 billion and is part of the financial sector. The company has a P/E ratio of 27.7, above the S&P 500 P/E ratio of 17.7. Shares are up 1.8% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Blackstone 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, Capital One Financial ( COF) is down $0.39 (-0.5%) to $76.95 on light volume. Thus far, 892,960 shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $76.87-$78.07 after having opened the day at $77.61 as compared to the previous trading day's close of $77.34.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States. Capital One Financial has a market cap of $44.5 billion and is part of the financial sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are up 0.9% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 6 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 largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, solid stock price performance 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 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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