Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Purchases 2,000 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental acquired 2,000 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were purchased at an average cost of $17.49 per share, for a total transaction of $34,980.00. Following the completion of the transaction, the insider now owns 3,412,728 shares in the company, valued at approximately $59,688,612.72. This represents a 0.06 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock 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 bought 1,700 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.48 per share, with a total value of $29,716.00.
• On Monday, March 24th, Realty Invest Transcontinental purchased 2,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost 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 shares were purchased at an average cost of $17.48 per share, with a total value of $8,390.40.
• On Wednesday, March 12th, Realty Invest Transcontinental bought 3,500 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.65 per share, for a total transaction of $61,775.00.
• On Monday, March 10th, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.62 per share, with a total value of $26,430.00.
• On Wednesday, January 29th, Realty Invest Transcontinental acquired 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 Price Performance

Shares of NYSE:TCI opened at $28.10 on Wednesday. The business has a fifty day moving average price of $28.12 and a 200-day moving average price of $28.28. The company has a market capitalization of $242.71 million, a PE ratio of 75.93 and a beta of 0.24. Transcontinental Realty Investors, Inc. has a 1-year low of $25.50 and a 1-year high of $35.93.

Transcontinental Realty Investors (NYSE:TCI) last released its quarterly earnings data 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 during the quarter. Transcontinental Realty Investors had a net margin of 6.55% and a return on equity of 0.38%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Transcontinental Realty Investors in a research report on Sunday. They issued a “sell” rating on the stock.

Hedge Funds Weigh In On Transcontinental Realty Investors

A number of hedge funds have recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in shares of 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 worth $47,000 after purchasing an additional 1,176 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Transcontinental Realty Investors by 182.6% during the third quarter. JPMorgan Chase & Co. now owns 2,329 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 1,505 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Transcontinental Realty Investors by 1,073.0% in the 3rd 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 in the last quarter. Finally, TCW Group Inc. raised its position in Transcontinental Realty Investors by 0.6% in the 3rd quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust’s stock worth $1,968,000 after buying an additional 382 shares during the last quarter.

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.