3 Real Estate Stocks Dragging The Industry Down

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 40 points (0.2%) at 17,108 as of Wednesday, Sept. 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,478 issues advancing vs. 1,497 declining with 182 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Hilltop Holdings ( HTH), down 2.2%, Brookfield Residential Properties ( BRP), down 1.6%, Realogy Holdings ( RLGY), down 1.5%, CoStar Group ( CSGP), down 1.1% and American Realty Capital Properties ( ARCP), down 0.7%. Top gainers within the industry include E-House China Holdings ( EJ), up 4.5%, Ventas ( VTR), up 0.8% and Annaly Capital Management ( NLY), up 0.8%.

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

3. Howard Hughes ( HHC) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Howard Hughes is down $0.96 (-0.6%) to $157.34 on light volume. Thus far, 18,044 shares of Howard Hughes exchanged hands as compared to its average daily volume of 101,600 shares. The stock has ranged in price between $156.58-$158.90 after having opened the day at $158.53 as compared to the previous trading day's close of $158.30.

The Howard Hughes Corporation owns, develops, and manages commercial, residential, and mixed-use real estate properties in the United States. The company operates through three segments: Master Planned Communities, Operating Assets, and Strategic Developments. Howard Hughes has a market cap of $6.3 billion and is part of the financial sector. Shares are up 31.8% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Howard Hughes a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Howard Hughes 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 we feel that the company's cash flow from its operations has been weak overall. Get the full Howard Hughes 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, American Tower ( AMT) is down $0.71 (-0.7%) to $98.07 on average volume. Thus far, 1.1 million shares of American Tower exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $97.55-$98.26 after having opened the day at $97.65 as compared to the previous trading day's close of $98.78.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm through its subsidiaries owns, operates and develops wireless and broadcast communications real estate. American Tower has a market cap of $39.1 billion and is part of the financial sector. Shares are up 23.8% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts that rate American Tower a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Tower as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full American Tower 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, Zillow ( Z) is down $3.77 (-2.6%) to $140.30 on light volume. Thus far, 437,331 shares of Zillow exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $139.04-$145.00 after having opened the day at $144.60 as compared to the previous trading day's close of $144.07.

Zillow, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company owns and operates Zillow.com. Zillow has a market cap of $4.9 billion and is part of the financial sector. Shares are up 76.3% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Zillow a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Zillow 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 net income has been generally deteriorating over time. Get the full Zillow 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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