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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 59 points (-0.4%) at 16,657 as of Wednesday, May 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,380 issues advancing vs. 1,556 declining with 176 unchanged.

The Financial sector currently sits down 0.3% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include KeyCorp ( KEY), down 3.1%, Signature Bank ( SBNY), down 2.9%, E*Trade Financial ( ETFC), down 2.9%, National Bank of Greece ( NBG), down 2.3% and Regions Financial ( RF), down 2.3%. Top gainers within the sector include KB Financial Group ( KB), up 2.2%, Shinhan Financial Group ( SHG), up 1.6%, Weyerhaeuser ( WY), up 1.3%, Mitsubishi UFJ Financial Group ( MTU), up 1.2% and HCP ( HCP), up 1.1%.

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

3. MetLife ( MET) is one of the companies pushing the Financial sector lower today. As of noon trading, MetLife is down $1.04 (-2.0%) to $50.98 on average volume. Thus far, 3.1 million shares of MetLife exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $50.75-$51.84 after having opened the day at $51.82 as compared to the previous trading day's close of $52.02.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, Asia, Europe, and the Middle East. MetLife has a market cap of $58.6 billion and is part of the insurance industry. Shares are down 3.5% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts that rate MetLife a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates MetLife as a buy. 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, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full MetLife 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, Wells Fargo ( WFC) is down $0.50 (-1.0%) to $49.31 on average volume. Thus far, 6.3 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 16.6 million shares. The stock has ranged in price between $49.30-$49.86 after having opened the day at $49.86 as compared to the previous trading day's close of $49.81.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Wells Fargo has a market cap of $262.1 billion and is part of the banking industry. Shares are up 9.7% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wells Fargo 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, Citigroup ( C) is down $0.38 (-0.8%) to $47.04 on light volume. Thus far, 6.3 million shares of Citigroup exchanged hands as compared to its average daily volume of 26.1 million shares. The stock has ranged in price between $46.98-$47.51 after having opened the day at $47.50 as compared to the previous trading day's close of $47.42.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions. Citigroup has a market cap of $143.6 billion and is part of the banking industry. Shares are down 9.0% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Citigroup 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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