5 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 98 points (-0.7%) at 14,507 as of Friday, April 5, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,009 issues advancing vs. 1,921 declining with 109 unchanged.

The Real Estate industry currently is unchanged today versus the S&P 500, which is down 0.9%. On the negative front, top decliners within the industry include Duke Realty ( DRE), down 1.9%, Jones Lang LaSalle ( JLL), down 1.8%, American Tower ( AMT), down 1.5%, Plum Creek Timber ( PCL), down 1.4% and Brookfield Office Properties ( BPO), down 1.3%. A company within the industry that increased today was Icahn ( IEP), up 1.6%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. CommonWealth REIT ( CWH) is one of the companies pushing the Real Estate industry lower today. As of noon trading, CommonWealth REIT is down $0.93 (-4.0%) to $22.07 on heavy volume Thus far, 3.7 million shares of CommonWealth REIT exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $22.07-$22.70 after having opened the day at $22.59 as compared to the previous trading day's close of $23.00.

CommonWealth REIT is a real estate investment trust launched and managed by Reit Management & Research LLC. The fund invests in the real estate markets of the United States. It seeks to invest in office buildings, industrial buildings, and leased industrial land. CommonWealth REIT has a market cap of $2.7 billion and is part of the financial sector. The company has a P/E ratio of 64.2, above the S&P 500 P/E ratio of 17.7. Shares are up 45.2% year to date as of the close of trading on Thursday. Currently there are no analysts that rate CommonWealth REIT a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates CommonWealth REIT as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and poor profit margins. Get the full CommonWealth REIT Ratings Report now.

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