Unum Group (UNM): Today's Featured Insurance Loser

Unum Group ( UNM) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day up 0.3%. By the end of trading, Unum Group fell 26 cents (-1.4%) to $18.92 on average volume. Throughout the day, 3.6 million shares of Unum Group exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $18.63-$19.15 after having opened the day at $19.15 as compared to the previous trading day's close of $19.18. Other company's within the Insurance industry that declined today were: StanCorp Financial Group ( SFG), down 11%, National Security Group ( NSEC), down 4.5%, Flagstone Reinsurance Holdings ( FSR), down 4.5%, and Investors Title Company ( ITIC), down 2.7%.

Unum Group, together with its subsidiaries, provides group and individual disability insurance products primarily in the United States and the United Kingdom. Unum Group has a market cap of $5.55 billion and is part of the financial sector. The company has a P/E ratio of 24.3, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year to date as of the close of trading on Monday. Currently there are four analysts that rate Unum Group a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Unum Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, China Life Insurance ( LFC), up 4.2%, Kingsway Financial Services ( KFS), up 3.3%, American International Group ( AIG), up 3.2%, and Assured Guaranty ( AGO), up 3.2%, were all gainers within the insurance industry with Prudential Financial ( PRU) 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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Today's Weak On High Volume Stock: Unum Group (UNM)