ING Groep N.V. (ING): Today's Featured Insurance Loser

ING Groep N.V ( ING) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day up 0.9%. By the end of trading, ING Groep N.V fell 6 cents (-1%) to $5.92 on average volume. Throughout the day, 4.8 million shares of ING Groep N.V exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in price between $5.76-$5.94 after having opened the day at $5.91 as compared to the previous trading day's close of $5.98. Other company's within the Insurance industry that declined today were: First Acceptance Corporation ( FAC), down 5.3%, Investors Title Company ( ITIC), down 4.4%, Crawford & Company ( CRD.B), down 3.4%, and Crawford & Company ( CRD.A), down 2.6%.

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services for individuals, families, small businesses, corporations, institutions, and governments worldwide. ING Groep N.V has a market cap of $23.33 billion and is part of the financial sector. The company has a P/E ratio of 5.4, above the average insurance industry P/E ratio of 5.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 18.1% year to date as of the close of trading on Monday. Currently there are two analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates ING Groep N.V as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management, poor profit margins and generally disappointing historical performance in the stock itself.

On the positive front, MGIC Investment Corporation ( MTG), up 5.9%, Kingsway Financial Services ( KFS), up 5.6%, Radian Group ( RDN), up 5.4%, and American Independence Corporation ( AMIC), up 4.5%, were all gainers within the insurance industry with American International Group ( AIG) 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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