3 Stocks Pushing The Financial 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 16,556 as of Thursday, April 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,086 issues advancing vs. 1,855 declining with 176 unchanged.

The Financial sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include TD Ameritrade Holding Corporation ( AMTD), down 3.4%, Waddell & Reed Financial ( WDR), down 3.1%, Shinhan Financial Group ( SHG), down 2.8%, HDFC Bank ( HDB), down 2.1% and Royal Bank of Scotland Group (The ( RBS), down 2.1%. A company within the sector that increased today was American Express ( AXP), up 0.6%.

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

3. Genworth Financial ( GNW) is one of the companies pushing the Financial sector lower today. As of noon trading, Genworth Financial is down $0.44 (-2.4%) to $17.80 on average volume. Thus far, 2.7 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $17.75-$18.25 after having opened the day at $18.19 as compared to the previous trading day's close of $18.23.

Genworth Financial, Inc., a financial services company, provides insurance, investment, and financial solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Genworth Financial has a market cap of $8.9 billion and is part of the insurance industry. Shares are up 17.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Genworth Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Genworth Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Genworth 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, T. Rowe Price Group ( TROW) is down $0.83 (-1.0%) to $83.12 on light volume. Thus far, 393,934 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $82.97-$84.73 after having opened the day at $84.21 as compared to the previous trading day's close of $83.95.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $21.8 billion and is part of the financial services industry. Shares are up 0.2% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group 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, expanding profit margins and good cash flow from operations. 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 T. Rowe Price 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.

1. As of noon trading, Invesco ( IVZ) is down $1.08 (-2.9%) to $36.60 on heavy volume. Thus far, 4.6 million shares of Invesco exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $36.32-$36.94 after having opened the day at $36.50 as compared to the previous trading day's close of $37.68.

Invesco Ltd. is a publicly owned investment manager. It primarily provides its services to institutional clients including major public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, and financial institutions. Invesco has a market cap of $16.2 billion and is part of the financial services industry. Shares are up 3.5% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Invesco a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Invesco 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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