LYG, FNGN And AFL, 3 Financial Stocks Pushing The Sector Lower

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 38 points (0.2%) at 16,171 as of Friday, Feb. 21, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,939 issues advancing vs. 967 declining with 167 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include Woori Finance Holdings ( WF), down 1.9%, HCP ( HCP), down 1.6%, Northstar Realty Finance Corporation ( NRF), down 1.3%, Equifax ( EFX), down 0.9% and Annaly Capital Management ( NLY), down 0.8%. Top gainers within the sector include Alexander & Baldwin ( ALEX), up 8.9%, CoStar Group ( CSGP), up 6.3%, Aegon ( AEG), up 3.1%, KB Financial Group ( KB), up 2.6% and American Capital ( ACAS), up 2.7%.

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

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector lower today. As of noon trading, Lloyds Banking Group is down $0.04 (-0.8%) to $5.44 on average volume. Thus far, 1.2 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $5.43-$5.48 after having opened the day at $5.46 as compared to the previous trading day's close of $5.49.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $97.2 billion and is part of the banking industry. Shares are up 2.4% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Lloyds Banking 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 liked this article you might like

Europe Drifts Lower While Ex-Dividends Pummel London

Lloyds Profit Up Despite Increased Impairment Charge

Stocks to Watch if U.K. House Prices Do Crash

European Stocks Slip After ECB Turns Toward the Exit