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.

If you liked this article you might like

Sina and Weibo Are On My Radar Into Earnings, Tonight

Sina and Weibo Are On My Radar Into Earnings, Tonight

Qihoo Leads a Chinese Exodus From U.S. Markets

Stock To Watch: E-House China Holdings (EJ) In Perilous Reversal

Trade-Ideas: E-House China Holdings (EJ) Is Today's Strong On High Relative Volume Stock

What To Hold: 3 Hold-Rated Dividend Stocks CXP, STO, EJ