Bank Of New York Mellon Corp (BK): Today's Featured Financial Laggard

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.

Bank of New York Mellon ( BK) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.4%. By the end of trading, Bank of New York Mellon fell $0.42 (-1.2%) to $34.53 on average volume. Throughout the day, 6,601,423 shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 4,423,600 shares. The stock ranged in price between $34.33-$35.17 after having opened the day at $35.09 as compared to the previous trading day's close of $34.95. Other companies within the Financial sector that declined today were: Cash Store Financial Services ( CSFS), down 12.2%, Elbit Imaging ( EMITF), down 10.2%, Rouse Properties ( RSE), down 8.3% and ELEMENTS Linked to SPECTRUM Large Cap U.S ( EEH), down 6.5%.

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. Bank of New York Mellon has a market cap of $40.2 billion and is part of the financial services industry. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 0.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, MSB Financial Corporation ( MSBF), up 12.6%, Roberts Realty Investors ( RPI), up 8.7%, Bank of Ireland (Governor & Co of ( IRE), up 8.4% and Vestin Realty Mortgage II ( VRTB), up 8.3% , were all gainers within the financial sector with BB&T ( BBT) being today's featured financial sector leader.

For investors not wanting singular stock exposure, 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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