3 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 30 points (0.2%) at 15,994 as of Thursday, Feb. 13, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,823 issues advancing vs. 1,044 declining with 196 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Lloyds Banking Group ( LYG), down 2.3%, HDFC Bank ( HDB), down 2.3%, KB Financial Group ( KB), down 1.7%, Mitsubishi UFJ Financial Group ( MTU), down 1.6% and Shinhan Financial Group ( SHG), down 1.4%. Top gainers within the sector include Stewart Information Services ( STC), up 14.1%, American Campus Communities ( ACC), up 6.0%, W. P. Carey ( WPC), up 2.2%, Digital Realty ( DLR), up 1.8% and General Growth Properties ( GGP), up 1.4%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Credicorp ( BAP) is one of the companies pushing the Financial sector lower today. As of noon trading, Credicorp is down $1.30 (-1.0%) to $130.70 on light volume. Thus far, 56,986 shares of Credicorp exchanged hands as compared to its average daily volume of 453,800 shares. The stock has ranged in price between $130.49-$132.08 after having opened the day at $130.95 as compared to the previous trading day's close of $132.00.

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 $10.6 billion and is part of the banking industry. Shares are down 0.6% year-to-date as of the close of trading on Wednesday. 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, attractive valuation levels and expanding profit margins. 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.

2. As of noon trading, Lincoln National Corp (Radnor ( LNC) is down $0.41 (-0.8%) to $49.00 on light volume. Thus far, 707,057 shares of Lincoln National Corp (Radnor exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $48.41-$49.07 after having opened the day at $48.82 as compared to the previous trading day's close of $49.41.

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 $12.9 billion and is part of the insurance industry. Shares are down 4.3% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Lincoln National Corp (Radnor a buy, 1 analyst rates 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, growth in earnings per share, 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 shows low profit margins. 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.

1. As of noon trading, M&T Bank ( MTB) is down $0.83 (-0.7%) to $112.36 on average volume. Thus far, 464,908 shares of M&T Bank exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $111.70-$112.84 after having opened the day at $112.59 as compared to the previous trading day's close of $113.19.

M&T Bank Corporation operates as the holding company for M&T Bank that provide commercial and retail banking services to individuals, corporations, and other businesses and institutions. M&T Bank has a market cap of $14.8 billion and is part of the banking industry. Shares are down 2.8% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate M&T Bank a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates M&T Bank as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full M&T 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.

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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