3 Stocks Dragging The 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 16,507 as of Monday, Aug. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,334 issues advancing vs. 1,665 declining with 161 unchanged.

The Real Estate industry currently sits down 0.4% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Altisource Portfolio Solutions ( ASPS), down 15.2%, Altisource Residential Corporation ( RESI), down 7.5%, Ocwen Financial ( OCN), down 3.9%, Douglas Emmett ( DEI), down 1.6% and Liberty Property ( LPT), down 1.6%.

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

3. HCP ( HCP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, HCP is down $0.35 (-0.8%) to $41.42 on light volume. Thus far, 649,158 shares of HCP exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $41.35-$41.80 after having opened the day at $41.80 as compared to the previous trading day's close of $41.77.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. HCP has a market cap of $19.0 billion and is part of the financial sector. Shares are up 15.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate HCP a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates HCP as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full HCP 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, Public Storage ( PSA) is down $1.39 (-0.8%) to $171.31 on light volume. Thus far, 125,403 shares of Public Storage exchanged hands as compared to its average daily volume of 563,700 shares. The stock has ranged in price between $171.19-$172.76 after having opened the day at $172.76 as compared to the previous trading day's close of $172.70.

Public Storage is an equity real estate investment trust. It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $29.6 billion and is part of the financial sector. Shares are up 14.7% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Public Storage 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, Health Care REIT ( HCN) is down $0.41 (-0.6%) to $64.17 on light volume. Thus far, 538,773 shares of Health Care REIT exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $64.10-$64.60 after having opened the day at $64.55 as compared to the previous trading day's close of $64.58.

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $18.5 billion and is part of the financial sector. Shares are up 20.6% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate Health Care REIT a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Health Care REIT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Health Care REIT 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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