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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 178 points (-1.1%) at 16,019 as of Friday, Jan. 24, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 350 issues advancing vs. 2,655 declining with 116 unchanged.

The Financial sector currently sits down 1.0% versus the S&P 500, which is down 1.3%. On the negative front, top decliners within the sector include First Niagara Financial Group ( FNFG), down 10.0%, KKR ( KKR), down 5.4%, American Tower ( AMT), down 4.9%, Icahn ( IEP), down 4.8% and HDFC Bank ( HDB), down 4.1%.

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

5. Lincoln National Corp (Radnor ( LNC) is one of the companies pushing the Financial sector lower today. As of noon trading, Lincoln National Corp (Radnor is down $1.45 (-2.9%) to $48.49 on average volume. Thus far, 1.1 million shares of Lincoln National Corp (Radnor exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $48.20-$49.52 after having opened the day at $49.45 as compared to the previous trading day's close of $49.94.

Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. The company operates in Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. Lincoln National Corp (Radnor has a market cap of $13.5 billion and is part of the insurance industry. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are down 3.2% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts that rate Lincoln National Corp (Radnor a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lincoln National Corp (Radnor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Lincoln National Corp (Radnor 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, Ameriprise Financial ( AMP) is down $2.60 (-2.3%) to $108.64 on average volume. Thus far, 500,935 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $108.05-$110.90 after having opened the day at $110.18 as compared to the previous trading day's close of $111.24.

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 $22.3 billion and is part of the financial services industry. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 3 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, attractive valuation levels, solid stock price performance and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

3. As of noon trading, Bank of New York Mellon ( BK) is down $0.53 (-1.6%) to $32.59 on average volume. Thus far, 2.5 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $32.48-$33.00 after having opened the day at $32.71 as compared to the previous trading day's close of $33.12.

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 $38.4 billion and is part of the financial services industry. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 8 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. Get the full Bank of New York Mellon 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, Simon Property Group ( SPG) is down $1.85 (-1.2%) to $154.28 on average volume. Thus far, 599,324 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $154.14-$155.78 after having opened the day at $155.69 as compared to the previous trading day's close of $156.13.

Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, and management of properties. Simon Property Group has a market cap of $48.9 billion and is part of the real estate industry. The company has a P/E ratio of 39.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Simon Property 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, Wells Fargo ( WFC) is down $0.36 (-0.8%) to $45.99 on average volume. Thus far, 6.1 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 16.1 million shares. The stock has ranged in price between $45.75-$46.16 after having opened the day at $46.04 as compared to the previous trading day's close of $46.35.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $245.8 billion and is part of the banking industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 2.1% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, notable return on equity and increase in net income. 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 Wells Fargo 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 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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