5 Stocks Dragging The Financial Services 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 down 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include CIT Group ( CIT), down 0.9%, and Nomura Holdings ( NMR), down 0.7%. Top gainers within the industry include LPL Financial Holdings ( LPLA), up 2.8%, KKR ( KKR), up 2.1%, Apollo Global Management ( APO), up 1.8% and CBOE Holdings ( CBOE), up 1.5%.

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

5. Principal Financial Group ( PFG) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Principal Financial Group is down $0.61 (-1.4%) to $42.88 on light volume. Thus far, 207,240 shares of Principal Financial Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $42.83-$43.51 after having opened the day at $43.50 as compared to the previous trading day's close of $43.49.

Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services. It operates in four segments: Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. Principal Financial Group has a market cap of $12.6 billion and is part of the financial sector. Shares are down 11.8% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Principal Financial Group a buy, 5 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Principal Financial Group 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, growth in earnings per share, solid stock price performance and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Principal 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, Affiliated Managers Group ( AMG) is down $2.28 (-1.2%) to $184.37 on heavy volume. Thus far, 284,076 shares of Affiliated Managers Group exchanged hands as compared to its average daily volume of 331,100 shares. The stock has ranged in price between $183.32-$186.96 after having opened the day at $186.27 as compared to the previous trading day's close of $186.65.

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. Affiliated Managers Group has a market cap of $10.0 billion and is part of the financial sector. Shares are down 13.9% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Affiliated Managers Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Affiliated Managers Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, impressive record of earnings per share growth and compelling growth 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 Affiliated Managers 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.

3. As of noon trading, Ameriprise Financial ( AMP) is down $1.70 (-1.6%) to $105.91 on average volume. Thus far, 609,446 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $105.76-$107.58 after having opened the day at $107.36 as compared to the previous trading day's close of $107.61.

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 $20.6 billion and is part of the financial sector. Shares are down 6.5% year-to-date as of the close of trading on Friday. 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, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

2. As of noon trading, Bank of New York Mellon ( BK) is down $0.40 (-1.3%) to $31.39 on light volume. Thus far, 1.5 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $31.34-$31.77 after having opened the day at $31.75 as compared to the previous trading day's close of $31.79.

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 $36.1 billion and is part of the financial sector. Shares are down 9.0% year-to-date as of the close of trading on Friday. 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 expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

1. As of noon trading, IntercontinentalExchange Group ( ICE) is down $3.08 (-1.4%) to $212.45 on average volume. Thus far, 496,080 shares of IntercontinentalExchange Group exchanged hands as compared to its average daily volume of 980,400 shares. The stock has ranged in price between $212.01-$216.90 after having opened the day at $215.60 as compared to the previous trading day's close of $215.53.

IntercontinentalExchange Group, Inc., through its subsidiaries, operates a network of regulated exchanges and clearing houses for financial and commodity markets primarily in the United States, the United Kingdom, Canada, Europe, and Brazil. IntercontinentalExchange Group has a market cap of $24.2 billion and is part of the financial sector. Currently there are 11 analysts that rate IntercontinentalExchange Group a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates IntercontinentalExchange Group 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, revenue growth, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full IntercontinentalExchange 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.

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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