5 Stocks Dragging The Banking Industry Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 15,449 as of Wednesday, Feb. 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 771 issues advancing vs. 2,156 declining with 142 unchanged.

The Banking industry currently sits down 0.3% versus the S&P 500, which is down 0.4%. A company within the industry that fell today was Shinhan Financial Group ( SHG), up 1.1%. A company within the industry that increased today was Canadian Imperial Bank of Commerce ( CM), up 0.9%.

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

5. Mitsubishi UFJ Financial Group ( MTU) is one of the companies pushing the Banking industry lower today. As of noon trading, Mitsubishi UFJ Financial Group is down $0.04 (-0.7%) to $5.86 on average volume. Thus far, 934,586 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $5.82-$5.88 after having opened the day at $5.87 as compared to the previous trading day's close of $5.90.

Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. The company also engages in the wholesale and retail securities businesses. Mitsubishi UFJ Financial Group has a market cap of $83.3 billion and is part of the financial sector. Shares are down 11.7% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Mitsubishi UFJ Financial 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.

4. As of noon trading, HDFC Bank ( HDB) is down $0.44 (-1.4%) to $31.04 on light volume. Thus far, 213,910 shares of HDFC Bank exchanged hands as compared to its average daily volume of 946,700 shares. The stock has ranged in price between $30.98-$31.72 after having opened the day at $31.59 as compared to the previous trading day's close of $31.48.

HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $24.4 billion and is part of the financial sector. Shares are down 8.6% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and feeble growth in the company's earnings per share. Get the full HDFC Bank 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, UBS ( UBS) is down $0.15 (-0.7%) to $20.21 on average volume. Thus far, 1.4 million shares of UBS exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $20.19-$20.30 after having opened the day at $20.28 as compared to the previous trading day's close of $20.36.

UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $73.8 billion and is part of the financial sector. Shares are up 5.8% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate UBS a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates UBS as a sell. Among the areas we feel are negative, one of the most important has been poor profit margins. Get the full UBS 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, Credicorp ( BAP) is down $2.78 (-2.2%) to $125.20 on average volume. Thus far, 264,112 shares of Credicorp exchanged hands as compared to its average daily volume of 414,200 shares. The stock has ranged in price between $123.57-$129.13 after having opened the day at $128.35 as compared to the previous trading day's close of $127.98.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $10.2 billion and is part of the financial sector. Shares are down 3.6% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Credicorp a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share. Get the full Credicorp 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, State Street ( STT) is down $0.72 (-1.1%) to $64.74 on average volume. Thus far, 905,821 shares of State Street exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $64.46-$65.67 after having opened the day at $65.40 as compared to the previous trading day's close of $65.46.

State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide. State Street has a market cap of $28.4 billion and is part of the financial sector. Shares are down 10.8% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate State Street a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates State Street as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full State Street 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 5 stocks, 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).

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