3 Stocks Dragging In The Real Estate Industry

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 32 points (-0.2%) at 17,036 as of Thursday, Sept. 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,537 issues advancing vs. 1,470 declining with 140 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Zillow ( Z), up 2.5%. Top gainers within the industry include CoStar Group ( CSGP), up 2.9%, Digital Realty ( DLR), up 0.8%, Host Hotels & Resorts ( HST), up 0.6%, SL Green Realty ( SLG), up 0.6% and Howard Hughes ( HHC), up 0.5%.

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

3. Nationstar Mortgage Holdings ( NSM) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Nationstar Mortgage Holdings is down $0.27 (-0.8%) to $31.56 on light volume. Thus far, 63,483 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 391,400 shares. The stock has ranged in price between $31.21-$32.04 after having opened the day at $31.42 as compared to the previous trading day's close of $31.83.

Nationstar Mortgage Holdings Inc. provides residential mortgage loan services in the United States. The company operates in two segments, Servicing and Originations. Nationstar Mortgage Holdings has a market cap of $2.9 billion and is part of the financial sector. Shares are down 13.9% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Nationstar Mortgage Holdings a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Nationstar Mortgage Holdings Ratings Report now.

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Strong On High Volume: Nationstar Mortgage Holdings (NSM)