CIG, ENI And EXC, 3 Utilities Stocks Pushing The Sector Lower

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 42 points (-0.2%) at 17,187 as of Tuesday, March 15, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 594 issues advancing vs. 2,387 declining with 113 unchanged.

The Utilities sector currently sits down 1.4% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR), down 12.9%, CPFL Energia ( CPL), down 9.1%, Centrais Eletricas Brasileiras ( EBR.B), down 8.7%, Western Gas Equity Partners ( WGP), down 7.3% and Targa Resources ( TRGP), down 6.5%.

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

3. Energy Company of Minas Gerais ADR ( CIG) is one of the companies pushing the Utilities sector lower today. As of noon trading, Energy Company of Minas Gerais ADR is down $0.20 (-10.2%) to $1.80 on average volume. Thus far, 2.5 million shares of Energy Company of Minas Gerais ADR exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $1.78-$1.92 after having opened the day at $1.90 as compared to the previous trading day's close of $2.01.

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Companhia Energetica de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Energy Company of Minas Gerais ADR has a market cap of $2.7 billion and is part of the utilities industry. Shares are up 34.0% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates Energy Company of Minas Gerais ADR a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Company of Minas Gerais ADR as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, weak operating cash flow, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Energy Company of Minas Gerais ADR Ratings Report now.

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2. As of noon trading, Enersis Americas ( ENI) is down $0.29 (-2.1%) to $13.33 on average volume. Thus far, 471,106 shares of Enersis Americas exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $13.26-$13.47 after having opened the day at $13.47 as compared to the previous trading day's close of $13.62.

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Enersis Americas S.A., an electric utility company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina, Brazil, Colombia, and Peru. It generates electricity from hydroelectric, thermal, and wind power plants. Enersis Americas has a market cap of $13.3 billion and is part of the utilities industry. Shares are up 12.1% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Enersis Americas a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Enersis Americas as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and poor profit margins. Get the full Enersis Americas Ratings Report now.

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1. As of noon trading, Exelon ( EXC) is down $0.22 (-0.6%) to $34.43 on light volume. Thus far, 2.1 million shares of Exelon exchanged hands as compared to its average daily volume of 8.5 million shares. The stock has ranged in price between $34.27-$34.75 after having opened the day at $34.51 as compared to the previous trading day's close of $34.65.

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Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. Exelon has a market cap of $31.9 billion and is part of the utilities industry. Shares are up 24.8% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Exelon a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Exelon as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Exelon Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP).

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