Berkshire Hathaway Inc (BRK.A): Today's Featured Insurance Winner

Berkshire Hathaway ( BRK.A) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.1%. By the end of trading, Berkshire Hathaway rose $1003.43 (0.8%) to $124901 on average volume. Throughout the day, 549 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 600 shares. The stock ranged in a price between $123629-$125475 after having opened the day at $123843 as compared to the previous trading day's close of $123897.57. Other companies within the Insurance industry that increased today were: American Independence Corporation ( AMIC), up 8%, Homeowners Choice ( HCII), up 7.1%, 21st Century Holding Company ( TCHC), up 5.5%, and Triple-S Management Corporation ( GTS), up 4.5%.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway has a market cap of $116.2 billion and is part of the financial sector. The company has a P/E ratio of 472.8, above the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates Berkshire Hathaway as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including premium valuation and poor profit margins.

On the negative front, Assured Guaranty ( AGO), down 6.7%, Radian Group ( RDN), down 4.7%, MGIC Investment Corporation ( MTG), down 4%, and Investors Title Company ( ITIC), down 4%, were all losers within the insurance industry with MetLife ( MET) 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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