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.

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