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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 12 points (-0.1%) at 16,435 as of Friday, May 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,401 declining with 184 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Waddell & Reed Financial ( WDR), down 4.2%, Aegon ( AEG), down 2.4%, Mitsubishi UFJ Financial Group ( MTU), down 1.7%, CME Group ( CME), down 1.4% and Capital One Financial ( COF), down 1.0%. A company within the sector that increased today was Bank of New York Mellon ( BK), up 0.8%.

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

3. Manulife Financial Corporation ( MFC) is one of the companies pushing the Financial sector lower today. As of noon trading, Manulife Financial Corporation is down $0.15 (-0.8%) to $18.30 on average volume. Thus far, 575,883 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $18.26-$18.45 after having opened the day at $18.42 as compared to the previous trading day's close of $18.45.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. The company operates through Asia, Canadian, and U.S. Manulife Financial Corporation has a market cap of $34.6 billion and is part of the insurance industry. Shares are down 6.5% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Manulife Financial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Manulife Financial Corporation 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, Aflac ( AFL) is down $0.63 (-1.0%) to $61.26 on average volume. Thus far, 722,009 shares of Aflac exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $61.10-$61.85 after having opened the day at $61.85 as compared to the previous trading day's close of $61.89.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. Aflac has a market cap of $28.6 billion and is part of the insurance industry. Shares are down 7.3% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts that rate Aflac a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Aflac as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, 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 has had sub par growth in net income. 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.

1. As of noon trading, Regions Financial ( RF) is down $0.14 (-1.3%) to $9.90 on average volume. Thus far, 7.6 million shares of Regions Financial exchanged hands as compared to its average daily volume of 14.5 million shares. The stock has ranged in price between $9.85-$10.05 after having opened the day at $10.01 as compared to the previous trading day's close of $10.04.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. Regions Financial has a market cap of $14.1 billion and is part of the banking industry. Shares are up 1.5% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Regions Financial a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Regions Financial as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Regions 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.

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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