5 Financial Stocks Dragging The Sector Down

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 126 points (-0.8%) at 15,723 as of Friday, Jan. 31, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,087 issues advancing vs. 1,837 declining with 186 unchanged.

The Financial sector currently sits down 0.4% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the sector include Validus Holdings ( VR), down 6.3%, Deutsche Bank ( DB), down 3.6%, Nomura Holdings ( NMR), down 2.9%, Weyerhaeuser ( WY), down 2.8% and ING Groep N.V ( ING), down 2.7%.

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

5. Travelers Companies ( TRV) is one of the companies pushing the Financial sector lower today. As of noon trading, Travelers Companies is down $1.34 (-1.6%) to $81.02 on average volume. Thus far, 1.3 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $80.88-$81.50 after having opened the day at $81.39 as compared to the previous trading day's close of $82.36.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. Travelers Companies has a market cap of $29.9 billion and is part of the insurance industry. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7. Shares are down 9.0% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Travelers Companies 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, 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 Travelers Companies Ratings Report now.

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