LYG, BAP And PSEC, 3 Financial Stocks Pushing The 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 52 points (0.3%) at 17,129 as of Tuesday, Aug. 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,998 issues advancing vs. 975 declining with 164 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. A company within the sector that fell today was Orix ( IX), up 0.9%. Top gainers within the sector include Woori Finance Holdings ( WF), up 3.9%, Affiliated Managers Group ( AMG), up 3.4%, National Bank of Greece ( NBG), up 3.0%, Aegon ( AEG), up 2.9% and KB Financial Group ( KB), up 2.5%.

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

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector lower today. As of noon trading, Lloyds Banking Group is down $0.07 (-1.3%) to $5.14 on heavy volume. Thus far, 5.7 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $5.12-$5.15 after having opened the day at $5.13 as compared to the previous trading day's close of $5.21.

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 $91.5 billion and is part of the banking industry. Shares are down 2.1% year-to-date as of the close of trading on Monday. 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 increase in stock price during the past year 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, Credicorp ( BAP) is down $1.74 (-1.1%) to $153.16 on light volume. Thus far, 82,389 shares of Credicorp exchanged hands as compared to its average daily volume of 270,000 shares. The stock has ranged in price between $153.05-$155.31 after having opened the day at $154.94 as compared to the previous trading day's close of $154.90.

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 16.7% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Credicorp a buy, no analysts rate it a sell, and 2 rate 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, compelling growth in net income and expanding profit margins. 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, Prospect Capital Corporation ( PSEC) is down $0.41 (-3.7%) to $10.57 on heavy volume. Thus far, 12.9 million shares of Prospect Capital Corporation exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $10.38-$10.75 after having opened the day at $10.75 as compared to the previous trading day's close of $10.98.

Prospect Capital Corporation is a business development company. Prospect Capital Corporation has a market cap of $3.7 billion and is part of the financial services industry. Shares are down 2.1% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Prospect Capital Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Prospect Capital Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Prospect Capital Corporation 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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