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NLY, PSA And HST, 3 Real Estate Stocks Pushing The Industry Lower

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 16,556 as of Thursday, April 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,086 issues advancing vs. 1,855 declining with 176 unchanged.

The Real Estate industry currently sits down 0.7% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include E-House China Holdings ( EJ), down 2.9%, Essex Property ( ESS), down 2.4%, Realogy Holdings ( RLGY), down 2.5%, American Realty Capital Properties ( ARCP), down 1.6% and CBRE Group ( CBG), down 1.3%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Annaly Capital Management ( NLY) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Annaly Capital Management is down $0.07 (-0.6%) to $10.85 on average volume. Thus far, 5.9 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 11.4 million shares. The stock has ranged in price between $10.78-$10.92 after having opened the day at $10.91 as compared to the previous trading day's close of $10.92.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. Annaly Capital Management has a market cap of $10.4 billion and is part of the financial sector. Shares are up 9.5% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Annaly Capital Management a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Annaly Capital Management 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.

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