3 Stocks Dragging In The Real Estate Industry

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 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged.

The Real Estate industry currently sits up 0.5% versus the S&P 500, which is up 0.4%. A company within the industry that fell today was CoStar Group ( CSGP), up 0.6%. Top gainers within the industry include China HGS Real Estate ( HGSH), up 46.4%, Howard Hughes ( HHC), up 2.5%, Altisource Portfolio Solutions ( ASPS), up 2.5%, CubeSmart ( CUBE), up 1.8% and Corrections Corp of America ( CXW), up 1.5%.

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

3. Alexander & Baldwin ( ALEX) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Alexander & Baldwin is down $0.56 (-1.4%) to $38.68 on average volume. Thus far, 128,356 shares of Alexander & Baldwin exchanged hands as compared to its average daily volume of 196,800 shares. The stock has ranged in price between $38.60-$39.49 after having opened the day at $39.20 as compared to the previous trading day's close of $39.24.

Alexander & Baldwin, Inc., together with its subsidiaries, primarily provides real estate development and leasing services. The company operates through four segments: Real Estate Development and Sales, Real Estate Leasing, Natural Materials and Construction, and Agribusiness. Alexander & Baldwin has a market cap of $1.9 billion and is part of the financial sector. Shares are down 6.0% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Alexander & Baldwin a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Alexander & Baldwin 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 largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and weak operating cash flow. Get the full Alexander & Baldwin 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, Hercules Technology Growth Capital ( HTGC) is down $0.67 (-4.0%) to $15.88 on heavy volume. Thus far, 528,296 shares of Hercules Technology Growth Capital exchanged hands as compared to its average daily volume of 623,800 shares. The stock has ranged in price between $15.75-$16.50 after having opened the day at $16.48 as compared to the previous trading day's close of $16.55.

Hercules Technology Growth Capital, Inc. is a private equity, venture capital, and venture debt firm specializing in providing capital to privately held venture capital and private equity backed companies and select publicly-traded companies. Hercules Technology Growth Capital has a market cap of $1.0 billion and is part of the financial sector. Shares are up 0.9% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Hercules Technology Growth Capital a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Hercules Technology Growth Capital as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Hercules Technology Growth Capital 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, St Joe ( JOE) is down $0.93 (-3.9%) to $22.69 on heavy volume. Thus far, 781,127 shares of St Joe exchanged hands as compared to its average daily volume of 766,000 shares. The stock has ranged in price between $21.61-$23.20 after having opened the day at $23.20 as compared to the previous trading day's close of $23.62.

The St. Joe Company, together with its subsidiaries, operates as a real estate development company in Florida. The company operates in five segments: Residential Real Estate; Commercial Real Estate; Resorts, Leisure, and Leasing Operations; Forestry; and Rural Land. St Joe has a market cap of $2.2 billion and is part of the financial sector. Shares are up 23.1% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates St Joe a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates St Joe 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, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full St Joe 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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