PartnerRe Ltd. (PRE): Today's Featured Insurance Winner

PartnerRe was a winner within the insurance industry, rising $1.25 (1.4%) to $92.24 on average volume
By TheStreet Wire ,

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.

PartnerRe

(

PRE

) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.4%. By the end of trading, PartnerRe rose $1.25 (1.4%) to $92.24 on average volume. Throughout the day, 522,948 shares of PartnerRe exchanged hands as compared to its average daily volume of 575,200 shares. The stock ranged in a price between $90.54-$92.31 after having opened the day at $91.40 as compared to the previous trading day's close of $90.99. Other companies within the Insurance industry that increased today were:

Atlas Financial Holdings

(

AFH

), up 4.9%,

American Independence Corporation

(

AMIC

), up 4.6%,

American Safety Insurance Holdings

(

ASI

), up 3.5% and

Federated National

(

FNHC

), up 2.5%.

PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. PartnerRe has a market cap of $5.2 billion and is part of the financial sector. Shares are up 12.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate PartnerRe a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates

PartnerRe

as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front,

National Security Group

(

NSEC

), down 5.1%,

CorVel Corporation

(

CRVL

), down 4.1%,

Eastern Insurance Holdings

(

EIHI

), down 2.8% and

HCI Group

(

HCI

), down 2.7% , were all laggards within the insurance industry with

Hartford Financial Services Group

(

HIG

) being today's insurance industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF

(

KIE

) while those bearish on the insurance industry could consider

Proshares Short Financials

(

SEF

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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