Toronto-Dominion Bank (TD): Today's Featured Financial Loser

Toronto-Dominion Bank ( TD) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole was unchanged today. By the end of trading, Toronto-Dominion Bank fell 56 cents (-0.7%) to $76.55 on light volume. Throughout the day, 368,212 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 653,000 shares. The stock ranged in price between $75.27-$76.64 after having opened the day at $76.41 as compared to the previous trading day's close of $77.11. Other company's within the Financial sector that declined today were: 1st Century Bancshrs ( FCTY), down 12.4%, Barclays ( BCS), down 12.1%, Oak Ridge Financial Services ( BKOR), down 11.4%, and Royal Bank of Scotland Group ( RBS), down 10%.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $69.54 billion and is part of the banking industry. The company has a P/E ratio of 11.5, below the average banking industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Ohio Legacy Corporation ( OLCB), up 13.5%, CMS Bancorp ( CMSB), up 12.8%, Ampal-American Israel Corporation ( AMPL), up 10.9%, and Genworth Financial ( GNW), up 10.6%, were all gainers within the financial sector with Equity Residential ( EQR) being today's featured financial sector winner.

For investors not wanting singular stock exposure, 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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