3 Stocks Pushing The Financial Sector 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 down 16 points (-0.1%) at 16,836 as of Monday, June 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,605 issues advancing vs. 1,347 declining with 197 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Rayonier ( RYN), down 26.5%, Vornado Realty ( VNO), down 1.1%, Deutsche Bank ( DB), down 0.9%, Wells Fargo ( WFC), down 0.9% and Charles Schwab ( SCHW), down 0.8%. Top gainers within the sector include Zillow ( Z), up 3.3%, KKR ( KKR), up 1.9%, Orix ( IX), up 1.5%, National Bank of Greece ( NBG), up 1.4% and Weyerhaeuser ( WY), up 1.2%.

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

3. Public Storage ( PSA) is one of the companies pushing the Financial sector lower today. As of noon trading, Public Storage is down $1.03 (-0.6%) to $171.14 on light volume. Thus far, 186,087 shares of Public Storage exchanged hands as compared to its average daily volume of 622,000 shares. The stock has ranged in price between $170.32-$172.12 after having opened the day at $171.48 as compared to the previous trading day's close of $172.17.

Public Storage is an equity real estate investment trust. It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $29.2 billion and is part of the real estate industry. Shares are up 14.4% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Public Storage 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 $0.37 (-0.6%) to $62.35 on light volume. Thus far, 479,690 shares of Aflac exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $62.30-$62.82 after having opened the day at $62.55 as compared to the previous trading day's close of $62.72.

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 $28.4 billion and is part of the insurance industry. Shares are down 6.1% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Aflac a buy, no analysts rate it a sell, and 10 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, Berkshire Hathaway Inc Class B ( BRK.B) is down $0.69 (-0.5%) to $126.63 on light volume. Thus far, 819,832 shares of Berkshire Hathaway Inc Class B exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $126.49-$127.13 after having opened the day at $127.13 as compared to the previous trading day's close of $127.32.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway Inc Class B has a market cap of $150.2 billion and is part of the insurance industry. Shares are up 7.4% year-to-date as of the close of trading on Friday.

TheStreet Ratings rates Berkshire Hathaway Inc Class B as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Berkshire Hathaway Inc Class B 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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