Allstate

(

ALL

) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day down 0.2%. By the end of trading, Allstate fell 36 cents (-1.1%) to $32.84 on heavy volume. Throughout the day, 7.1 million shares of Allstate exchanged hands as compared to its average daily volume of 4.3 million shares. The stock ranged in price between $32.70-$33.41 after having opened the day at $33.41 as compared to the previous trading day's close of $33.20. Other company's within the Insurance industry that declined today were:

Crawford & Company

(

CRD.B

), down 8%,

Presidential Life

(

PLFE

), down 5.7%,

Triple-S Management Corporation

(

GTS

), down 5.5%, and

Assurant

(

AIZ

), down 4.5%.

The Allstate Corporation, through its subsidiaries, engages in the personal property and casualty insurance, life insurance, and retirement and investment products business primarily in the United States. Allstate has a market cap of $16.09 billion and is part of the

financial

sector. The company has a P/E ratio of 15.9, below the average insurance industry P/E ratio of 16 and below the S&P 500 P/E ratio of 17.7. Shares are up 21.1% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Allstate a buy, one analyst rates it a sell, and nine 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, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front,

Radian Group

(

RDN

), up 9.2%,

MGIC Investment Corporation

(

MTG

), up 5.5%,

21st Century Holding Company

(

TCHC

), up 4.7%, and

ING Groep N.V

(

ING

), up 3.9%, were all gainers within the insurance industry with

Old Republic International

(

ORI

) being today's featured insurance industry winner.

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

).

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