MetLife Inc

(

MET

) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 3.6%. By the end of trading, MetLife Inc rose $1.23 (4.4%) to $29.14 on average volume. Throughout the day, 11.8 million shares of MetLife Inc exchanged hands as compared to its average daily volume of 12.6 million shares. The stock ranged in a price between $28.57-$29.57 after having opened the day at $29.07 as compared to the previous trading day's close of $27.91. Other companies within the Insurance industry that increased today were:

Phoenix Companies Inc

(

PNX

), up 14.1%,

Genworth Financial Inc

(

GNW

), up 12.6%,

ING Groep N.V

(

ING

), up 12.1%, and

MGIC Investment Corporation

(

MTG

), up 10.8%.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs primarily in the United States, Japan, Latin America, the Asia Pacific, Europe, and the Middle East. MetLife Inc has a market cap of $31.11 billion and is part of the

financial

sector. The company has a P/E ratio of 5.4, below the average insurance industry P/E ratio of 5.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 37.2% year to date as of the close of trading on Friday.

TheStreet Ratings rates MetLife as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

On the negative front,

Affirmative Insurance Holdings Inc

(

AFFM

), down 12.2%,

Life Partners Holdings Inc

(

LPHI

), down 4.4%,

21st Century Holding Company

(

TCHC

), down 2.1%, and

American Independence Corporation

(

AMIC

), down 1.5%, were all losers within the insurance industry with

PartnerRe

(

PRE

) being today's insurance industry loser.

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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