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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 45 points (0.3%) at 16,697 as of Thursday, Aug. 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,017 issues advancing vs. 963 declining with 158 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include AvalonBay Communities ( AVB), down 0.8%, and MasterCard ( MA), down 0.6%. Top gainers within the sector include Shinhan Financial Group ( SHG), up 2.4%, HDFC Bank ( HDB), up 2.3%, Credit Suisse Group ( CS), up 2.1%, Weyerhaeuser ( WY), up 1.7% and Hartford Financial Services Group ( HIG), up 1.5%.

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

3. Aegon ( AEG) is one of the companies pushing the Financial sector lower today. As of noon trading, Aegon is down $0.24 (-3.1%) to $7.72 on heavy volume. Thus far, 853,789 shares of Aegon exchanged hands as compared to its average daily volume of 899,700 shares. The stock has ranged in price between $7.71-$7.83 after having opened the day at $7.82 as compared to the previous trading day's close of $7.96.

Aegon N.V. provides life insurance, pension, and asset management products and services. Aegon has a market cap of $19.8 billion and is part of the insurance industry. Shares are down 16.0% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Aegon a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Aegon as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, growth in earnings per share, 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 lackluster performance in the stock itself. Get the full Aegon Ratings Report now.

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2. As of noon trading, National Bank of Greece ( NBG) is down $0.05 (-1.5%) to $3.24 on light volume. Thus far, 1.6 million shares of National Bank of Greece exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $3.21-$3.29 after having opened the day at $3.28 as compared to the previous trading day's close of $3.29.

National Bank of Greece S.A., together with its subsidiaries, offers diversified financial services primarily in Greece. The company is involved in retail and commercial banking, investment management, investment banking, insurance, investment activities, and securities trading activities. National Bank of Greece has a market cap of $11.1 billion and is part of the banking industry. Shares are down 41.2% year-to-date as of the close of trading on Wednesday. Currently there are no analysts that rate National Bank of Greece a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates National Bank of Greece 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 feeble growth in its earnings per share. Get the full National Bank of Greece 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, Aon ( AON) is down $0.59 (-0.7%) to $85.28 on average volume. Thus far, 728,089 shares of Aon exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $85.16-$85.92 after having opened the day at $85.80 as compared to the previous trading day's close of $85.87.

Aon plc provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. Aon has a market cap of $24.7 billion and is part of the insurance industry. Shares are up 2.4% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Aon a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Aon as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Aon 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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