AVB, EQR, HCP, NLY And AGNC, Pushing Financial Sector Downward

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 44 points (0.3%) at 15,464 as of Tuesday, Aug. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,183 issues advancing vs. 1,800 declining with 78 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Realty Income Corporation ( O), down 2.4%, Ventas ( VTR), down 1.6%, Health Care REIT ( HCN), down 1.6%, General Growth Properties ( GGP), down 1.5% and Simon Property Group ( SPG), down 1.3%. Top gainers within the sector include CME Group ( CME), up 3.8%, TD Ameritrade Holding Corporation ( AMTD), up 3.3%, HDFC Bank ( HDB), up 3.2%, Invesco ( IVZ), up 2.8% and Citigroup ( C), up 2.4%.

TheStreet would like to highlight 5 stocks pushing the sector lower today:

5. AvalonBay Communities ( AVB) is one of the companies pushing the Financial sector lower today. As of noon trading, AvalonBay Communities is down $1.49 (-1.1%) to $130.28 on light volume. Thus far, 183,448 shares of AvalonBay Communities exchanged hands as compared to its average daily volume of 906,900 shares. The stock has ranged in price between $129.43-$131.91 after having opened the day at $131.91 as compared to the previous trading day's close of $131.77.

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. AvalonBay Communities has a market cap of $17.2 billion and is part of the real estate industry. Shares are down 2.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate AvalonBay Communities a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates AvalonBay Communities as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full AvalonBay Communities Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

The XLRE ETF Has a Lot to Tell Us About Real Estate

S&P Dow Jones Indices Launching New Real Estate Sector

Cramer: The Answer to This Market: Part 1

Strong And Under The Radar Today: AvalonBay Communities (AVB)

AvalonBay Communities (AVB) Marked As Today's Roof Leaker Stock