3 Stocks Dragging In The Financial Services Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 16,507 as of Monday, Aug. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,334 issues advancing vs. 1,665 declining with 161 unchanged.

The Financial Services industry currently sits down 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Altisource Asset Management ( AAMC), down 13.8%, Evercore Partners ( EVR), down 6.1%, MoneyGram International ( MGI), down 4.5%, Carlyle Group L P ( CG), down 1.8% and CBOE Holdings ( CBOE), down 1.4%. Top gainers within the industry include Virtus Investment Partners ( VRTS), up 2.2%, AllianceBernstein Holding L.P ( AB), up 2.5%, Credit Acceptance ( CACC), up 1.9% and HD Supply Holdings ( HDS), up 0.8%.

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

3. Voya Financial ( VOYA) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Voya Financial is down $0.19 (-0.5%) to $36.66 on light volume. Thus far, 425,147 shares of Voya Financial exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $36.58-$36.98 after having opened the day at $36.98 as compared to the previous trading day's close of $36.85.

Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. The company has five segments: Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits. Voya Financial has a market cap of $9.4 billion and is part of the financial sector. Shares are up 4.8% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Voya Financial a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Voya Financial as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Voya Financial Ratings Report now.

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2. As of noon trading, Navient ( NAVI) is down $0.25 (-1.4%) to $17.09 on light volume. Thus far, 702,090 shares of Navient exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $16.98-$17.34 after having opened the day at $17.32 as compared to the previous trading day's close of $17.34.

Navient Corporation provides financial products and services focusing on the education sector. The company's Consumer Lending segment originates, acquires, finances, and services private education loans. Navient has a market cap of $7.3 billion and is part of the financial sector. Shares are unchanged year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate Navient a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Navient as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Navient Ratings Report now.

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1. As of noon trading, T. Rowe Price Group ( TROW) is down $0.38 (-0.5%) to $77.28 on average volume. Thus far, 495,541 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $75.61-$77.84 after having opened the day at $76.61 as compared to the previous trading day's close of $77.66.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $20.4 billion and is part of the financial sector. Shares are down 7.3% year-to-date as of the close of trading on Friday. Currently there are 9 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full T. Rowe Price 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).
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