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.

2. As of noon trading, Financial Engines ( FNGN) is down $6.87 (-11.1%) to $55.30 on heavy volume. Thus far, 1.8 million shares of Financial Engines exchanged hands as compared to its average daily volume of 345,000 shares. The stock has ranged in price between $51.28-$57.25 after having opened the day at $57.22 as compared to the previous trading day's close of $62.17.

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans. Financial Engines has a market cap of $3.1 billion and is part of the financial services industry. Shares are down 12.2% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Financial Engines a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Financial Engines as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Financial Engines 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, Aflac ( AFL) is down $0.51 (-0.8%) to $62.41 on average volume. Thus far, 829,515 shares of Aflac exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $62.36-$63.00 after having opened the day at $62.97 as compared to the previous trading day's close of $62.92.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. Aflac has a market cap of $29.1 billion and is part of the insurance industry. Shares are down 5.8% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Aflac a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Aflac as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures 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 Aflac 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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