Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Buys 1,500 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental purchased 1,500 shares of the business’s stock in a transaction on Monday, March 10th. The stock was purchased at an average cost of $17.62 per share, for a total transaction of $26,430.00. Following the completion of the acquisition, the insider now directly owns 3,404,748 shares of the company’s stock, valued at approximately $59,991,659.76. The trade was a 0.04 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

• On Monday, March 31st, Realty Invest Transcontinental acquired 1,700 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.48 per share, with a total value of $29,716.00.
• On Thursday, March 27th, Realty Invest Transcontinental bought 2,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.49 per share, for a total transaction of $34,980.00.
• On Monday, March 24th, Realty Invest Transcontinental purchased 2,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.60 per share, for a total transaction of $35,200.00.
• On Friday, March 21st, Realty Invest Transcontinental acquired 480 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost of $17.48 per share, with a total value of $8,390.40.
• On Wednesday, March 12th, Realty Invest Transcontinental acquired 3,500 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.65 per share, with a total value of $61,775.00.
• On Wednesday, January 29th, Realty Invest Transcontinental bought 21,678 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $390,204.00.

Transcontinental Realty Investors Price Performance

TCI stock opened at $28.53 on Tuesday. The company has a market capitalization of $246.47 million, a P/E ratio of 77.11 and a beta of 0.24. Transcontinental Realty Investors, Inc. has a 12 month low of $25.50 and a 12 month high of $36.30. The firm’s fifty day simple moving average is $28.11 and its 200-day simple moving average is $28.29.

Transcontinental Realty Investors (NYSE:TCI) last posted its quarterly earnings results on Thursday, March 20th. The real estate investment trust reported $0.01 EPS for the quarter. The company had revenue of $11.79 million for the quarter. Transcontinental Realty Investors had a net margin of 6.55% and a return on equity of 0.38%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Transcontinental Realty Investors in a report on Sunday. They set a “sell” rating for the company.

Institutional Trading of Transcontinental Realty Investors

Several hedge funds and other institutional investors have recently bought and sold shares of TCI. TCW Group Inc. boosted its position in Transcontinental Realty Investors by 5.3% in the 4th quarter. TCW Group Inc. now owns 71,987 shares of the real estate investment trust’s stock worth $2,146,000 after purchasing an additional 3,618 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Transcontinental Realty Investors by 1,073.0% in the third quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust’s stock valued at $87,000 after buying an additional 2,779 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Transcontinental Realty Investors by 99.6% in the 4th quarter. JPMorgan Chase & Co. now owns 4,648 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 2,319 shares during the period. Finally, Barclays PLC grew its stake in Transcontinental Realty Investors by 261.9% in the 3rd quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 1,176 shares during the period.

Transcontinental Realty Investors Company Profile

Transcontinental Realty Investors, Inc, a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.