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4 Stocks Dragging In The Real Estate Industry

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.5%) at 15,295 as of Wednesday, May 15, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,703 issues advancing vs. 1,237 declining with 128 unchanged.

The Real Estate industry currently sits up 0.3% versus the S&P 500, which is up 0.6%. Top gainers within the industry include Omega Healthcare Investors ( OHI), up 1.8%, CBL & Associates Properties ( CBL), up 1.8%, CBRE Group ( CBG), up 1.4%, Public Storage ( PSA), up 1.3% and Ventas ( VTR), up 1.4%.

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

4. Hatteras Financial Corporation ( HTS) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Hatteras Financial Corporation is down $0.39 (-1.5%) to $25.96 on average volume Thus far, 481,473 shares of Hatteras Financial Corporation exchanged hands as compared to its average daily volume of 724,300 shares. The stock has ranged in price between $25.80-$26.23 after having opened the day at $26.13 as compared to the previous trading day's close of $26.35.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT) in the United States. Hatteras Financial Corporation has a market cap of $2.6 billion and is part of the financial sector. The company has a P/E ratio of 7.8, below the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Hatteras Financial Corporation 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 feeble growth in the company's earnings per share, unimpressive growth in net income and disappointing return on equity. Get the full Hatteras Financial Corporation Ratings Report now.

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