PartnerRe Ltd. (PRE): Today's Featured Insurance Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

PartnerRe ( PRE) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.4%. By the end of trading, PartnerRe fell $1.33 (-1.5%) to $87.18 on average volume. Throughout the day, 633,012 shares of PartnerRe exchanged hands as compared to its average daily volume of 516,600 shares. The stock ranged in price between $87.16-$88.57 after having opened the day at $88.41 as compared to the previous trading day's close of $88.51. Other companies within the Insurance industry that declined today were: Hallmark Financial Services ( HALL), down 3.4%, Imperial Holdings ( IFT), down 3.2%, First Acceptance Corporation ( FAC), down 2.9% and Citizens ( CIA), down 2.9%.

PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. PartnerRe has a market cap of $4.7 billion and is part of the financial sector. Shares are up 10.0% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate PartnerRe a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates PartnerRe as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.

On the positive front, American Independence Corporation ( AMIC), up 16.2%, National Interstate Corporation ( NATL), up 3.6%, CNO Financial Group ( CNO), up 3.5% and Arthur J. Gallagher ( AJG), up 3.2% , were all gainers within the insurance industry with Aflac ( AFL) being today's featured insurance industry leader.

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).

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

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