3 Stocks Pushing The Real Estate Industry Lower

TheStreet highlights 3 stocks pushing the real estate industry lower today.
By TheStreet Wire ,

One out of the three major indices are trading lower today with the

Dow Jones Industrial Average

(

^DJI

) trading up 71 points (0.4%) at 17,316 as of Monday, Nov. 16, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,543 issues advancing vs. 1,341 declining with 209 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include

Weyerhaeuser

(

WY

), up 2.1%,

Plum Creek Timber

(

PCL

), up 1.9%,

Spirit Realty Capital

(

SRC

), up 1.9%,

HCP

(

HCP

), up 1.5% and

Duke Realty

(

DRE

), up 1.4%.

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

3.

Taubman Centers

(

TCO

) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Taubman Centers is down $0.73 (-1.0%) to $70.23 on average volume. Thus far, 297,857 shares of Taubman Centers exchanged hands as compared to its average daily volume of 603,100 shares. The stock has ranged in price between $69.04-$70.28 after having opened the day at $69.53 as compared to the previous trading day's close of $70.96.

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Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). Taubman Centers has a market cap of $4.3 billion and is part of the financial sector. Shares are down 7.1% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate Taubman Centers a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Taubman Centers

as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Taubman Centers Ratings Report

now.

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2. As of noon trading,

Starwood Property

(

STWD

) is down $0.20 (-1.0%) to $19.92 on average volume. Thus far, 1.5 million shares of Starwood Property exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $19.70-$20.29 after having opened the day at $20.23 as compared to the previous trading day's close of $20.13.

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Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States and Europe. Starwood Property has a market cap of $4.7 billion and is part of the financial sector. Shares are down 13.4% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate Starwood Property a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Starwood Property

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full

Starwood Property Ratings Report

now.

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1. As of noon trading,

Brookfield Asset Management

(

BAM

) is down $0.17 (-0.5%) to $33.01 on light volume. Thus far, 331,866 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $32.99-$33.28 after having opened the day at $33.19 as compared to the previous trading day's close of $33.18.

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Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $31.9 billion and is part of the financial sector. Shares are down 0.7% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate Brookfield Asset Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Brookfield Asset Management

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth and reasonable valuation levels. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Brookfield Asset Management Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 stocks, 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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