3 Real Estate Stocks Pushing The Industry Higher

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 16,556 as of Thursday, April 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,086 issues advancing vs. 1,855 declining with 176 unchanged.

The Real Estate industry currently sits down 0.7% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include E-House China Holdings ( EJ), down 2.9%, Essex Property ( ESS), down 2.4%, Realogy Holdings ( RLGY), down 2.5%, American Realty Capital Properties ( ARCP), down 1.6% and CBRE Group ( CBG), down 1.3%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. KKR Financial Holdings ( KFN) is one of the companies pushing the Real Estate industry higher today. As of noon trading, KKR Financial Holdings is up $0.26 (2.2%) to $11.98 on average volume. Thus far, 683,829 shares of KKR Financial Holdings exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $11.75-$12.05 after having opened the day at $11.76 as compared to the previous trading day's close of $11.72.

KKR Financial Holdings LLC, together with its subsidiaries, operates as a specialty finance company with expertise in a range of asset classes. KKR Financial Holdings has a market cap of $2.4 billion and is part of the financial sector. Shares are down 3.9% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate KKR Financial Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates KKR Financial Holdings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full KKR Financial Holdings Ratings Report now.

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