American Realty Capital Properties Inc (ARCP): Today's Featured Real Estate Laggard

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.

American Realty Capital Properties ( ARCP) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.6%. By the end of trading, American Realty Capital Properties fell $0.26 (-1.7%) to $15.00 on light volume. Throughout the day, 1,229,631 shares of American Realty Capital Properties exchanged hands as compared to its average daily volume of 3,607,300 shares. The stock ranged in price between $14.95-$15.30 after having opened the day at $15.25 as compared to the previous trading day's close of $15.26. Other companies within the Real Estate industry that declined today were: BRASILAGRO - CIA Bras de Prop Agricolas ( LND), down 5.7%, American Spectrum Realty ( AQQ), down 4.8%, Spirit Realty Capital ( SRC), down 4.8% and Institutional Financial Markets ( IFMI), down 3.2%.

American Realty Capital Properties, Inc. owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties. American Realty Capital Properties has a market cap of $2.3 billion and is part of the financial sector. Shares are up 13.6% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate American Realty Capital Properties a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Realty Capital Properties as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, China HGS Real Estate ( HGSH), up 22.4%, China Housing & Land Development ( CHLN), up 7.3%, Income Opportunity Realty Investors ( IOT), up 7.0% and Doral Financial ( DRL), up 6.7% , were all gainers within the real estate industry with Simon Property Group ( SPG) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, 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).

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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