PartnerRe Ltd. (PRE): Today's Featured Financial Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

PartnerRe ( PRE) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.3%. By the end of trading, PartnerRe rose $1.23 (1.3%) to $93.72 on heavy volume. Throughout the day, 841,725 shares of PartnerRe exchanged hands as compared to its average daily volume of 445,400 shares. The stock ranged in a price between $92.28-$93.82 after having opened the day at $92.49 as compared to the previous trading day's close of $92.49. Other companies within the Financial sector that increased today were: Altisource Residential Corporation ( RESI), up 34.3%, Broadway Financial ( BYFC), up 13.3%, OptimumBank Holdings ( OPHC), up 8.3%, and Baldwin & Lyons ( BWINA), up 8.3%.
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PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. PartnerRe has a market cap of $5.37 billion and is part of the insurance industry. The company has a P/E ratio of 5.5, below the S&P 500 P/E ratio of 17.7. Shares are up 14.9% year to date as of the close of trading on Monday. Currently there are five analysts that rate PartnerRe a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates PartnerRe as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Walter Investment Management ( WAC), down 20.7%, American Spectrum Realty ( AQQ), down 20%, Homex Development ( HXM), down 9.8%, and Gleacher ( GLCH), down 9.4%, were all laggards within the financial sector with CME Group ( CME) being today's financial sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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