4 Stocks Pushing The Real Estate Industry Lower

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 13 points (0.1%) at 14,463 as of Wednesday, March 13, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,568 issues advancing vs. 1,298 declining with 138 unchanged.

The Real Estate industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Extra Space Storage ( EXR), up 1.1%. Top gainers within the industry include Strategic Hotels & Resorts ( BEE), up 2.7%, PennyMac Mortgage Investment ( PMT), up 2.5%, W. P. Carey ( WPC), up 0.9%, AvalonBay Communities ( AVB), up 0.8% and Equity Residential ( EQR), up 0.8%.

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

4. Altisource Portfolio Solutions ( ASPS) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Altisource Portfolio Solutions is down $1.90 (-2.3%) to $81.44 on average volume Thus far, 79,697 shares of Altisource Portfolio Solutions exchanged hands as compared to its average daily volume of 198,400 shares. The stock has ranged in price between $81.33-$83.44 after having opened the day at $83.25 as compared to the previous trading day's close of $83.34.

Altisource Portfolio Solutions S.A., together with its subsidiaries, provides services related to real estate and mortgage portfolio management, asset recovery, and customer relationship management in the United States. Altisource Portfolio Solutions has a market cap of $1.9 billion and is part of the financial sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are down 4.9% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Altisource Portfolio Solutions a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Altisource Portfolio Solutions as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Altisource Portfolio Solutions Ratings Report now.

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