4 Stocks Pushing The Insurance Industry 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 28 points (-0.2%) at 13,217 as of Thursday, Dec. 13, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,125 issues advancing vs. 1,742 declining with 157 unchanged.

The Insurance industry currently sits up 0.3% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Proassurance Corporation (PRA), up 6.8%, Aegon (AEG), up 1.3% and ING Groep N.V (ING), up 0.5%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Cincinnati Financial Corporation (CINF) is one of the companies pushing the Insurance industry lower today. As of noon trading, Cincinnati Financial Corporation is down $0.33 (-0.8%) to $40.25 on light volume Thus far, 289,537 shares of Cincinnati Financial Corporation exchanged hands as compared to its average daily volume of 784,700 shares. The stock has ranged in price between $40.19-$40.63 after having opened the day at $40.45 as compared to the previous trading day's close of $40.58.

Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. Cincinnati Financial Corporation has a market cap of $6.6 billion and is part of the financial sector. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 33.2% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Cincinnati Financial Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Cincinnati Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Cincinnati Financial Corporation Ratings Report now.

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