The real estate industry closed the day down 1.4%. NTS Realty Holdings Limited Partnership ( NLP), Intergroup Corporation ( INTG), China Housing & Land Development Inc ( CHLN), and CBRE Group Inc ( CBG) were all decliners today within the real estate industry with Equity Residential ( EQR) being today's featured real estate loser. Equity Residential fell 65 cents (-1.2%) to $54.55 on light volume. Throughout the day, 1.9 million shares of Equity Residential exchanged hands as compared to its average daily volume of 3.2 million shares. Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $15.8 billion and is part of the financial sector. Shares are up 6.3% year to date as of the close of trading on Tuesday. TheStreet Ratings rates Equity as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.
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