3 Stocks Pushing The Real Estate Industry Lower

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.1%) at 16,936 as of Monday, July 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,900 declining with 205 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Gazit-Globe ( GZT), up 3.0%. Top gainers within the industry include Annaly Capital Management ( NLY), up 1.3%, Boston Properties ( BXP), up 1.2%, UDR ( UDR), up 1.1%, Equity Residential ( EQR), up 1.1% and Macerich ( MAC), up 1.1%.

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

3. CoStar Group ( CSGP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, CoStar Group is down $2.63 (-1.7%) to $148.39 on light volume. Thus far, 105,027 shares of CoStar Group exchanged hands as compared to its average daily volume of 364,000 shares. The stock has ranged in price between $147.34-$151.23 after having opened the day at $151.23 as compared to the previous trading day's close of $151.02.

CoStar Group, Inc. provides information, analytics, and marketing services to the commercial real estate industry in the United States, the United Kingdom, and France. CoStar Group has a market cap of $4.9 billion and is part of the financial sector. Shares are down 18.2% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate CoStar Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CoStar Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CoStar Group 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, Ocwen Financial ( OCN) is down $0.34 (-0.9%) to $35.51 on light volume. Thus far, 347,531 shares of Ocwen Financial exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $35.40-$36.08 after having opened the day at $35.87 as compared to the previous trading day's close of $35.85.

Ocwen Financial Corporation, through its subsidiaries, is engaged in the servicing and origination of mortgage loans in the United States and internationally. Ocwen Financial has a market cap of $4.8 billion and is part of the financial sector. Shares are down 35.4% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Ocwen Financial a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Ocwen Financial as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Ocwen Financial 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, CBRE Group ( CBG) is down $0.49 (-1.5%) to $33.03 on average volume. Thus far, 900,788 shares of CBRE Group exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $33.00-$33.72 after having opened the day at $33.60 as compared to the previous trading day's close of $33.52.

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. CBRE Group has a market cap of $11.2 billion and is part of the financial sector. Shares are up 27.4% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate CBRE Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CBRE Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full CBRE Group 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 3 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).
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