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

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental purchased 1,500 shares of the company’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 purchase, the insider now directly owns 3,404,748 shares in the company, valued at approximately $59,991,659.76. This trade represents a 0.04 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases 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 shares were purchased 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 stock was purchased 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 purchased at an average cost of $17.60 per share, with a total value of $35,200.00.
• On Friday, March 21st, Realty Invest Transcontinental acquired 480 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.48 per share, for a total transaction of $8,390.40.
• On Wednesday, March 12th, Realty Invest Transcontinental bought 3,500 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.65 per share, with a total value of $61,775.00.
• On Wednesday, January 29th, Realty Invest Transcontinental purchased 21,678 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $18.00 per share, for a total transaction of $390,204.00.

Transcontinental Realty Investors Stock Down 2.1 %

NYSE:TCI opened at $28.10 on Wednesday. Transcontinental Realty Investors, Inc. has a twelve month low of $25.50 and a twelve month high of $35.93. The firm has a market capitalization of $242.71 million, a price-to-earnings ratio of 75.93 and a beta of 0.24. The stock’s 50 day moving average price is $28.12 and its two-hundred day moving average price is $28.28.

Transcontinental Realty Investors (NYSE:TCI) last issued its earnings results on Thursday, March 20th. The real estate investment trust reported $0.01 earnings per share for the quarter. The business 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%.

Institutional Investors Weigh In On Transcontinental Realty Investors

A number of institutional investors and hedge funds have recently modified their holdings of TCI. BNP Paribas Financial Markets increased its position in Transcontinental Realty Investors by 1,073.0% during the third quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust’s stock worth $87,000 after buying an additional 2,779 shares during the last quarter. Barclays PLC boosted its stake in shares of Transcontinental Realty Investors by 261.9% during the 3rd quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 1,176 shares during the period. TCW Group Inc. increased its holdings in shares of Transcontinental Realty Investors by 0.6% during the 3rd quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust’s stock worth $1,968,000 after acquiring an additional 382 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Transcontinental Realty Investors by 182.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,329 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 1,505 shares during the period.

Analysts Set New Price Targets

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

About Transcontinental Realty Investors

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.