EJ, HHC, FCE.A, EQR And Z, Pushing Real Estate Industry 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 61 points (0.4%) at 15,361 as of Friday, Sept. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,640 issues advancing vs. 1,247 declining with 140 unchanged.

The Real Estate industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include CBRE Group ( CBG), down 1.2%, Taubman Centers ( TCO), down 1.2% and American Tower ( AMT), down 0.9%. Top gainers within the industry include Omega Healthcare Investors ( OHI), up 2.5%, Annaly Capital Management ( NLY), up 2.0% and American Capital Agency ( AGNC), up 1.5%.

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

5. E-House China Holdings ( EJ) is one of the companies pushing the Real Estate industry lower today. As of noon trading, E-House China Holdings is down $0.24 (-2.7%) to $8.79 on average volume. Thus far, 530,560 shares of E-House China Holdings exchanged hands as compared to its average daily volume of 760,000 shares. The stock has ranged in price between $8.54-$8.93 after having opened the day at $8.86 as compared to the previous trading day's close of $9.03.

E-House (China) Holdings Limited, through its subsidiaries, operates as a real estate services company in China. E-House China Holdings has a market cap of $1.2 billion and is part of the financial sector. Shares are up 119.5% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate E-House China Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates E-House China Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full E-House China Holdings 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.

4. As of noon trading, Howard Hughes ( HHC) is down $0.77 (-0.7%) to $107.73 on light volume. Thus far, 26,052 shares of Howard Hughes exchanged hands as compared to its average daily volume of 158,800 shares. The stock has ranged in price between $107.52-$109.71 after having opened the day at $108.40 as compared to the previous trading day's close of $108.50.

The Howard Hughes Corporation is a real estate investment and development company, engaging in managing, developing, and leasing commercial, residential, and mixed-use real estate. The firm invests in retail, commercial, and industrial buildings in United States. Howard Hughes has a market cap of $4.4 billion and is part of the financial sector. Shares are up 51.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Howard Hughes a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Howard Hughes as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Howard Hughes 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.

3. As of noon trading, Forest City ( FCE.A) is down $0.18 (-1.0%) to $18.39 on average volume. Thus far, 468,246 shares of Forest City exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $18.37-$18.62 after having opened the day at $18.62 as compared to the previous trading day's close of $18.57.

Forest City Enterprises, Inc. engages in the ownership, development, management, and acquisition of commercial and residential real estate and land in 26 states and the District of Columbia. Forest City has a market cap of $3.3 billion and is part of the financial sector. Shares are up 15.2% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Forest City as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, poor profit margins and weak operating cash flow. Get the full Forest City 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.

2. As of noon trading, Equity Residential ( EQR) is down $0.34 (-0.6%) to $54.38 on average volume. Thus far, 729,260 shares of Equity Residential exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $54.29-$54.86 after having opened the day at $54.50 as compared to the previous trading day's close of $54.72.

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 $19.8 billion and is part of the financial sector. Shares are down 3.1% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Equity Residential a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Equity Residential as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. Get the full Equity Residential 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.

1. As of noon trading, Zillow ( Z) is down $2.06 (-2.1%) to $95.46 on average volume. Thus far, 640,648 shares of Zillow exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $93.47-$98.29 after having opened the day at $98.19 as compared to the previous trading day's close of $97.52.

Zillow, Inc. engages in the operation of a real estate and home-related information marketplace on mobile and the Web in the United States. Zillow has a market cap of $3.1 billion and is part of the technology sector. Shares are up 262.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Zillow a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Zillow as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures 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. Get the full Zillow 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 are interested in one of these 4 stocks, 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).

null

More from Markets

Dow Sinks for Eighth Straight Session; Intel's CEO Departs -- ICYMI

Dow Sinks for Eighth Straight Session; Intel's CEO Departs -- ICYMI

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins