3 Stocks Dragging The Financial Sector Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 41 points (0.2%) at 17,110 as of Friday, Sept. 5, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,666 issues advancing vs. 1,285 declining with 190 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Virtus Investment Partners ( VRTS), down 11.7%, Royal Bank of Scotland Group (The ( RBS), down 2.4%, Orix ( IX), down 1.8%, Genworth Financial ( GNW), down 1.7% and Credit Suisse Group ( CS), down 1.6%. Top gainers within the sector include Banco De Chile ( BCH), up 1.6%, Banco Santander Chile ( BSAC), up 1.4%, Boston Properties ( BXP), up 1.2%, Realty Income ( O), up 1.1% and General Growth Properties ( GGP), up 0.9%.

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

3. Unum Group ( UNM) is one of the companies pushing the Financial sector lower today. As of noon trading, Unum Group is down $0.47 (-1.3%) to $35.49 on heavy volume. Thus far, 1.2 million shares of Unum Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $35.22-$36.00 after having opened the day at $35.90 as compared to the previous trading day's close of $35.96.

Unum Group, together with its subsidiaries, provides group and individual disability insurance products in the United States and the United Kingdom. It operates in three segments: Unum US, Unum UK, and Colonial Life. Unum Group has a market cap of $9.3 billion and is part of the insurance industry. Shares are up 2.5% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Unum Group a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Unum Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Unum Group Ratings Report now.

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Today's Weak On High Volume Stock: Unum Group (UNM)