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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.1%) at 16,446 as of Friday, March 7, 2014, 12:35 PM ET. The NYSE advances/declines ratio sits at 1,217 issues advancing vs. 1,732 declining with 157 unchanged.

The Financial sector currently sits down 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include KB Financial Group ( KB), down 3.3%, Digital Realty ( DLR), down 3.9%, Realty Income Corporation ( O), down 3.1%, Aegon ( AEG), down 2.2% and Ventas ( VTR), down 2.5%. Top gainers within the sector include E-House China Holdings ( EJ), up 8.3%, HDFC Bank ( HDB), up 6.1%, Regions Financial Corporation ( RF), up 2.0%, KeyCorp ( KEY), up 2.5% and Morgan Stanley ( MS), up 1.6%.

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

3. Public Storage ( PSA) is one of the companies pushing the Financial sector lower today. As of noon trading, Public Storage is down $1.81 (-1.1%) to $167.52 on average volume. Thus far, 403,145 shares of Public Storage exchanged hands as compared to its average daily volume of 735,700 shares. The stock has ranged in price between $167.20-$168.82 after having opened the day at $168.82 as compared to the previous trading day's close of $169.33.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $29.5 billion and is part of the real estate industry. Shares are up 13.7% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. 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 Public Storage 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, American Capital Agency ( AGNC) is down $0.51 (-2.3%) to $22.04 on average volume. Thus far, 3.2 million shares of American Capital Agency exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $22.04-$22.30 after having opened the day at $22.30 as compared to the previous trading day's close of $22.55.

American Capital Agency Corp. operates as a real estate investment trust (REIT). American Capital Agency has a market cap of $8.1 billion and is part of the real estate industry. Shares are up 17.4% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate American Capital Agency a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates American Capital Agency as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself. Get the full American Capital Agency 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, Annaly Capital Management ( NLY) is down $0.24 (-2.1%) to $10.98 on average volume. Thus far, 8.3 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 12.5 million shares. The stock has ranged in price between $10.91-$11.12 after having opened the day at $11.11 as compared to the previous trading day's close of $11.21.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investments in United States. Annaly Capital Management has a market cap of $10.6 billion and is part of the real estate industry. Shares are up 12.7% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Annaly Capital Management a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Annaly Capital Management 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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