3 Stocks Pushing The Insurance Industry Lower - TheStreet

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 35 points (-0.2%) at 17,589 as of Tuesday, Oct. 27, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 752 issues advancing vs. 2,254 declining with 128 unchanged.

The Insurance industry currently sits down 1.0% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include

Radian Group

(

RDN

), down 12.3%,

MetLife

(

MET

), down 2.2% and

ING Groep N.V

(

ING

), down 1.1%.

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

3.

Hartford Financial Services Group

(

HIG

) is one of the companies pushing the Insurance industry lower today. As of noon trading, Hartford Financial Services Group is down $3.76 (-7.7%) to $45.05 on heavy volume. Thus far, 8.4 million shares of Hartford Financial Services Group exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $44.52-$46.23 after having opened the day at $45.62 as compared to the previous trading day's close of $48.81.

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The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers primarily in the United States. Hartford Financial Services Group has a market cap of $20.4 billion and is part of the financial sector. Shares are up 18.1% year-to-date as of the close of trading on Monday. Currently there are 9 analysts that rate Hartford Financial Services Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Hartford Financial Services Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full

Hartford Financial Services Group Ratings Report

now.

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2. As of noon trading,

Allstate

(

ALL

) is down $1.42 (-2.3%) to $60.40 on average volume. Thus far, 1.9 million shares of Allstate exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $60.32-$61.59 after having opened the day at $61.39 as compared to the previous trading day's close of $61.82.

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The Allstate Corporation, through its subsidiaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. Allstate has a market cap of $24.7 billion and is part of the financial sector. Shares are down 12.2% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that rate Allstate a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Allstate

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Allstate Ratings Report

now.

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1. As of noon trading,

Prudential Financial

(

PRU

) is down $1.58 (-1.9%) to $80.50 on average volume. Thus far, 951,899 shares of Prudential Financial exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $80.31-$81.50 after having opened the day at $81.19 as compared to the previous trading day's close of $82.08.

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Prudential Financial, Inc. provides insurance, investment management, and other financial products and services to individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $37.2 billion and is part of the financial sector. Shares are down 8.8% year-to-date as of the close of trading on Monday. Currently there are 11 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Prudential Financial

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

Prudential Financial Ratings Report

now.

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If you are interested in one of these 3 stocks, 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

).