UBS, TD And DB, Pushing Financial Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 67 points (-0.4%) at 17,031 as of Tuesday, Sept. 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,801 declining with 159 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 3.8%, National Bank of Greece ( NBG), down 2.3%, Shinhan Financial Group ( SHG), down 1.5% and BlackRock ( BLK), down 0.7%. Top gainers within the sector include Nomura Holdings ( NMR), up 2.7%, Woori Finance Holdings ( WF), up 2.5%, Banco De Chile ( BCH), up 1.7%, Discover Financial Services ( DFS), up 1.6% and Orix ( IX), up 1.2%.

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

3. UBS ( UBS) is one of the companies pushing the Financial sector lower today. As of noon trading, UBS is down $0.18 (-1.0%) to $17.76 on average volume. Thus far, 857,188 shares of UBS exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $17.72-$17.84 after having opened the day at $17.78 as compared to the previous trading day's close of $17.94.

UBS AG, a financial services firm, provides retail, wealth management, corporate and institutional banking, asset management, and investment banking products and services worldwide. The company's Wealth Management division provides financial services to high net worth individuals. UBS has a market cap of $67.3 billion and is part of the banking industry. Shares are down 6.8% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate UBS a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates UBS as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full UBS Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Toronto-Dominion Bank ( TD) is down $0.43 (-0.8%) to $52.20 on average volume. Thus far, 660,464 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 951,200 shares. The stock has ranged in price between $52.00-$52.66 after having opened the day at $52.54 as compared to the previous trading day's close of $52.63.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. Toronto-Dominion Bank has a market cap of $97.1 billion and is part of the banking industry. Shares are up 11.7% year-to-date as of the close of trading on Friday. Currently there are 5 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, solid stock price performance, growth in earnings per share, increase 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Deutsche Bank ( DB) is down $0.21 (-0.6%) to $34.10 on light volume. Thus far, 515,399 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $34.10-$34.31 after having opened the day at $34.31 as compared to the previous trading day's close of $34.31.

Deutsche Bank AG provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division is engaged in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. Deutsche Bank has a market cap of $47.3 billion and is part of the banking industry. Shares are down 25.3% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate Deutsche Bank a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Deutsche Bank as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Deutsche Bank Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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).
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