Travelers Companies Inc. (TRV): 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.

Travelers Companies ( TRV) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Travelers Companies fell $1.47 (-1.7%) to $85.00 on heavy volume. Throughout the day, 5,949,823 shares of Travelers Companies exchanged hands as compared to its average daily volume of 1,900,300 shares. The stock ranged in price between $83.66-$86.27 after having opened the day at $86.25 as compared to the previous trading day's close of $86.47. Other companies within the Insurance industry that declined today were: Phoenix Companies ( PNX), down 4.8%, American Equity Investment Life Holding Com ( AEL), down 3.6%, Fidelity National Financial ( FNF), down 3.3% and United Insurance Holdings ( UIHC), down 2.4%.

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 $31.5 billion and is part of the financial sector. The company has a P/E ratio of 11.0, below the S&P 500 P/E ratio of 17.7. Shares are down 4.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 12 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 largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, growth in earnings per share, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Life Partners Holdings ( LPHI), up 6.8%, Kingstone Companies ( KINS), up 4.8%, CorVel Corporation ( CRVL), up 3.3% and Baldwin & Lyons ( BWINB), up 3.0% , were all gainers within the insurance industry with Radian Group ( RDN) 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.

If you liked this article you might like

Allstate and Travelers Likely Spared From Worst Hurricane Irma, Harvey Damages

Travelers Halts Share Buybacks as Hurricane Harvey Losses Mount

How to Make Easy Money on Apple's iPhone X Worldwide Reveal: Market Recon

Travelers Halts Buybacks as it Reviews Losses From Hurricanes Harvey and Irma