Lloyds Banking Group PLC (LYG): Today's Featured Banking 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.

Lloyds Banking Group ( LYG) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Lloyds Banking Group fell $0.14 (-2.4%) to $5.62 on average volume. Throughout the day, 4,240,049 shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 4,973,200 shares. The stock ranged in price between $5.57-$5.65 after having opened the day at $5.64 as compared to the previous trading day's close of $5.76. Other companies within the Banking industry that declined today were: First BanCorp ( FBP), down 6.3%, Howard Bancorp Inc Md ( HBMD), down 5.7%, Southcoast Financial Corporation ( SOCB), down 4.9% and Citigroup ( C), down 4.3%.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $101.7 billion and is part of the financial sector. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

On the positive front, Boston Private Financial Holdings ( BPFH), up 10.6%, Citizens First Corporation ( CZFC), up 9.0%, Village Bank and Trust Financial Corporatio ( VBFC), up 9.0% and Broadway Financial ( BYFC), up 6.2% , were all gainers within the banking industry with PNC Financial Services Group ( PNC) being today's featured banking industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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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