3 Stocks Pushing The Financial Sector Downward

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 34 points (0.2%) at 16,585 as of Friday, May 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,493 issues advancing vs. 1,448 declining with 155 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Hospitality Properties ( HPT), down 5.4%, Royal Bank of Scotland Group (The ( RBS), down 1.5%, Sun Life Financial ( SLF), down 1.4%, Canadian Imperial Bank of Commerce ( CM), down 1.3% and Credit Suisse Group ( CS), down 1.2%. Top gainers within the sector include National Bank of Greece ( NBG), up 2.7%, Digital Realty ( DLR), up 2.0%, KKR ( KKR), up 2.0%, Franklin Resources ( BEN), up 1.5% and Charles Schwab ( SCHW), up 1.3%.

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

3. UBS ( UBS) is one of the companies pushing the Financial sector lower today. As of noon trading, UBS is down $0.21 (-1.0%) to $20.57 on light volume. Thus far, 652,068 shares of UBS exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $20.49-$20.61 after having opened the day at $20.59 as compared to the previous trading day's close of $20.78.

UBS AG, a financial services firm, provides retail, wealth management, corporate and institutional banking, asset management, and investment banking products and services worldwide. The company's Wealth Management division provides financial services to high net worth individuals. UBS has a market cap of $80.7 billion and is part of the banking industry. Shares are up 8.0% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate UBS a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates UBS as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full UBS Ratings Report now.

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