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Health Care REIT Inc. (HCN): Today's Featured Real Estate 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.

Health Care REIT ( HCN) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Health Care REIT fell $0.81 (-1.4%) to $55.14 on heavy volume. Throughout the day, 3,363,794 shares of Health Care REIT exchanged hands as compared to its average daily volume of 1,891,300 shares. The stock ranged in price between $54.96-$55.95 after having opened the day at $55.92 as compared to the previous trading day's close of $55.95. Other companies within the Real Estate industry that declined today were: Gaming and Leisure Properties ( GLPI), down 18.4%, Gyrodyne Company of America ( GYRO), down 5.9%, American Realty Investors ( ARL), down 4.9% and Rait Financial ( RAS), down 4.6%.

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $16.0 billion and is part of the financial sector. The company has a P/E ratio of 76.0, above the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Health Care REIT a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Health Care REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

On the positive front, Elbit Imaging ( EMITF), up 12.8%, American Spectrum Realty ( AQQ), up 11.2%, Blackstone Mortgage ( BXMT), up 9.1% and Altis Resident ( RESI), up 7.8% , were all gainers within the real estate industry with Digital Realty ( DLR) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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