LYG, UBS And HDB, 3 Banking Stocks Pushing The Industry 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 34 points (0.2%) at 16,956 as of Friday, June 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,547 issues advancing vs. 1,406 declining with 177 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Deutsche Bank ( DB), down 3.3%, Credit Suisse Group ( CS), down 1.2% and Citigroup ( C), down 0.4%. A company within the industry that increased today was Wells Fargo ( WFC), up 1.3%.

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

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Banking industry lower today. As of noon trading, Lloyds Banking Group is down $0.09 (-1.7%) to $5.27 on average volume. Thus far, 1.7 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $5.27-$5.31 after having opened the day at $5.30 as compared to the previous trading day's close of $5.36.

Lloyds Banking Group plc provides a range of banking and financial services to individuals and businesses in the United Kingdom and internationally. It operates through four segments: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $96.2 billion and is part of the financial sector. Shares are up 0.8% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity. Get the full Lloyds Banking 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.

2. As of noon trading, UBS ( UBS) is down $0.14 (-0.7%) to $19.07 on average volume. Thus far, 759,049 shares of UBS exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $19.04-$19.14 after having opened the day at $19.08 as compared to the previous trading day's close of $19.21.

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 $73.4 billion and is part of the financial sector. Shares are down 0.2% 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 growth in earnings per share, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full UBS 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, HDFC Bank ( HDB) is down $0.69 (-1.5%) to $46.43 on light volume. Thus far, 334,979 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $46.07-$47.21 after having opened the day at $47.21 as compared to the previous trading day's close of $47.12.

HDFC Bank Limited, together with its subsidiaries, provides a range of banking and financial services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $37.8 billion and is part of the financial sector. Shares are up 36.8% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank 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 solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full HDFC Bank 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 banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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