5 Stocks Pushing The Financial Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 14,437 as of Tuesday, March 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,094 issues advancing vs. 1,829 declining with 130 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include HDFC Bank ( HDB), down 2.8%, Nomura Holdings ( NMR), down 2.6%, Citigroup ( C), down 1.9%, Shinhan Financial Group ( SHG), down 2.0% and Mitsubishi UFJ Financial Group ( MTU), down 1.9%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Toronto-Dominion Bank ( TD) is one of the companies pushing the Financial sector lower today. As of noon trading, Toronto-Dominion Bank is down $0.51 (-0.6%) to $82.62 on light volume Thus far, 124,073 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 492,400 shares. The stock has ranged in price between $82.45-$83.22 after having opened the day at $83.10 as compared to the previous trading day's close of $83.13.

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 $76.4 billion and is part of the banking industry. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 2 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, notable return on equity, growth in earnings per share, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Toronto-Dominion Bank Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

4. As of noon trading, Berkshire Hathaway ( BRK.A) is down $1,057.99 (-0.7%) to $154,920.01 on average volume Thus far, 291 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 700 shares. The stock has ranged in price between $154,900.00-$156,224.74 after having opened the day at $156,200.00 as compared to the previous trading day's close of $155,978.00.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway has a market cap of $138.7 billion and is part of the insurance industry. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Monday.

TheStreet Ratings rates Berkshire Hathaway 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, good cash flow from operations, solid stock price performance and notable return on equity. 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 Berkshire Hathaway Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

3. As of noon trading, BB&T ( BBT) is down $0.41 (-1.3%) to $31.37 on light volume Thus far, 1.2 million shares of BB&T exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $31.37-$31.81 after having opened the day at $31.80 as compared to the previous trading day's close of $31.78.

BB&T Corporation operates as a financial holding company for Branch Banking and Trust Company that provides various banking and trust services for retail and commercial clients. BB&T has a market cap of $22.0 billion and is part of the banking industry. The company has a P/E ratio of 11.6, below the S&P 500 P/E ratio of 17.7. Shares are up 9.2% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate BB&T a buy, 1 analyst rates it a sell, and 18 rate it a hold.

TheStreet Ratings rates BB&T 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, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full BB&T Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, PNC Financial Services Group ( PNC) is down $0.56 (-0.8%) to $65.31 on light volume Thus far, 793,142 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $65.20-$65.87 after having opened the day at $65.78 as compared to the previous trading day's close of $65.87.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $34.4 billion and is part of the banking industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 13.0% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PNC Financial Services Group Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Morgan Stanley ( MS) is down $0.39 (-1.7%) to $22.71 on light volume Thus far, 6.6 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 21.5 million shares. The stock has ranged in price between $22.62-$23.11 after having opened the day at $23.05 as compared to the previous trading day's close of $23.10.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $45.2 billion and is part of the financial services industry. The company has a P/E ratio of 1151.5, above the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Morgan Stanley a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. Get the full Morgan Stanley Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
null

If you liked this article you might like

Bitcoin: The Good, Bad and Horrifically Ugly

Bitcoin: The Good, Bad and Horrifically Ugly

Canada's Top 10 Dividend Stocks to Buy Now

Canada's Top 10 Dividend Stocks to Buy Now

Good News Is Actually Good for the Stock Market: Market Recon

Good News Is Actually Good for the Stock Market: Market Recon

American Express Now Supported by Android Pay in Canada

American Express Now Supported by Android Pay in Canada

Market Recon: Oil Prices and the Fed Are the Market's Guides Today

Market Recon: Oil Prices and the Fed Are the Market's Guides Today