3 Stocks Dragging 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.

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 Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Deutsche Bank ( DB), down 3.3%, Lloyds Banking Group ( LYG), down 1.6%, HDFC Bank ( HDB), down 1.6%, Credit Suisse Group ( CS), down 1.2% and Royal Bank of Scotland Group (The ( RBS), down 1.0%. Top gainers within the sector include American Realty Capital Properties ( ARCP), up 2.7%, Capital One Financial ( COF), up 2.0%, Lincoln National ( LNC), up 1.6%, Manulife Financial Corporation ( MFC), up 1.5% and U.S. Bancorp ( USB), up 1.3%.

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

3. Grupo Financiero Santander Mexico SAB de CV ( BSMX) is one of the companies pushing the Financial sector lower today. As of noon trading, Grupo Financiero Santander Mexico SAB de CV is down $0.16 (-1.2%) to $13.11 on light volume. Thus far, 400,992 shares of Grupo Financiero Santander Mexico SAB de CV exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $13.08-$13.22 after having opened the day at $13.16 as compared to the previous trading day's close of $13.27.

Grupo Financiero Santander Mexico, S.A.B. de C.V. provides various banking services in Mexico. The company's deposit products include current accounts, savings accounts, and time deposits, as well as certificates of interbank deposit. Grupo Financiero Santander Mexico SAB de CV has a market cap of $18.2 billion and is part of the banking industry. Shares are down 2.7% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Grupo Financiero Santander Mexico SAB de CV a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Grupo Financiero Santander Mexico SAB de CV as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and deteriorating net income. Get the full Grupo Financiero Santander Mexico SAB de CV 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, Credicorp ( BAP) is down $1.94 (-1.2%) to $153.87 on average volume. Thus far, 151,798 shares of Credicorp exchanged hands as compared to its average daily volume of 347,200 shares. The stock has ranged in price between $153.87-$157.19 after having opened the day at $155.51 as compared to the previous trading day's close of $155.81.

Credicorp Ltd., through its subsidiaries, provides financial and health services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. The company operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $12.4 billion and is part of the banking industry. Shares are up 17.4% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Credicorp a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Credicorp 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, Travelers Companies ( TRV) is down $0.75 (-0.8%) to $94.85 on heavy volume. Thus far, 2.7 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $94.75-$96.18 after having opened the day at $95.82 as compared to the previous trading day's close of $95.60.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. Travelers Companies has a market cap of $33.1 billion and is part of the insurance industry. Shares are up 5.6% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Travelers Companies 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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