4 Stocks Dragging The Insurance Industry Downward

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Insurance industry currently is unchanged today versus the S&P 500, which is up 0.4%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Sun Life Financial ( SLF) is one of the companies pushing the Insurance industry lower today. As of noon trading, Sun Life Financial is down $0.16 (-0.5%) to $29.59 on light volume. Thus far, 105,856 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 439,400 shares. The stock has ranged in price between $29.43-$29.72 after having opened the day at $29.50 as compared to the previous trading day's close of $29.75.

Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $17.9 billion and is part of the financial sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Sun Life Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Sun Life Financial Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Manulife Financial Corporation ( MFC) is down $0.14 (-0.9%) to $16.07 on average volume. Thus far, 825,567 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $15.96-$16.16 after having opened the day at $16.02 as compared to the previous trading day's close of $16.21.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. Manulife Financial Corporation has a market cap of $29.4 billion and is part of the financial sector. The company has a P/E ratio of 30.8, above the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Manulife Financial Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Manulife Financial Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Travelers Companies ( TRV) is down $0.56 (-0.7%) to $80.55 on light volume. Thus far, 746,720 shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $80.50-$81.31 after having opened the day at $80.99 as compared to the previous trading day's close of $81.11.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. Travelers Companies has a market cap of $30.1 billion and is part of the financial sector. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Travelers Companies Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Aflac ( AFL) is down $0.39 (-0.7%) to $57.28 on light volume. Thus far, 848,831 shares of Aflac exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $57.18-$57.86 after having opened the day at $57.53 as compared to the previous trading day's close of $57.67.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. Aflac has a market cap of $27.1 billion and is part of the financial sector. The company has a P/E ratio of 9.2, below 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 Monday. Currently there are 9 analysts that rate Aflac a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Aflac as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Aflac Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 stocks, 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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