Realty Invest Transcontinental Acquires 1,517 Shares of Transcontinental Realty Investors (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCIGet Free Report) major shareholder Realty Invest Transcontinental acquired 1,517 shares of the business’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $17.81 per share, for a total transaction of $27,017.77. Following the acquisition, the insider owned 3,457,343 shares of the company’s stock, valued at $61,575,278.83. This represents a 0.04% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Tuesday, June 23rd, Realty Invest Transcontinental bought 1,300 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.88 per share, for a total transaction of $23,244.00.
  • On Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.75 per share, for a total transaction of $26,625.00.
  • On Thursday, June 18th, Realty Invest Transcontinental bought 352 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.85 per share, for a total transaction of $6,283.20.
  • On Tuesday, June 16th, Realty Invest Transcontinental bought 1,653 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.76 per share, with a total value of $29,357.28.
  • On Friday, June 12th, Realty Invest Transcontinental acquired 91 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.50 per share, with a total value of $1,592.50.
  • On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.80 per share, with a total value of $17,800.00.
  • On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.74 per share, with a total value of $17,740.00.
  • On Monday, June 8th, Realty Invest Transcontinental acquired 2,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.50 per share, for a total transaction of $35,000.00.
  • On Friday, June 5th, Realty Invest Transcontinental acquired 2,474 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.83 per share, for a total transaction of $44,111.42.
  • On Thursday, June 4th, Realty Invest Transcontinental purchased 157 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.77 per share, with a total value of $2,789.89.

Transcontinental Realty Investors Trading Up 0.3%

Shares of Transcontinental Realty Investors stock opened at $46.50 on Wednesday. The company has a 50-day moving average of $39.14 and a two-hundred day moving average of $43.41. Transcontinental Realty Investors, Inc. has a 12-month low of $31.48 and a 12-month high of $59.65. The stock has a market cap of $401.71 million, a PE ratio of 42.66 and a beta of 0.49.

Transcontinental Realty Investors (NYSE:TCIGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.02 EPS for the quarter. The business had revenue of $12.34 million for the quarter. Transcontinental Realty Investors had a net margin of 18.94% and a negative return on equity of 0.02%.

Transcontinental Realty Investors News Roundup

Here are the key news stories impacting Transcontinental Realty Investors this week:

  • Positive Sentiment: Major shareholder Realty Invest Transcontinental has continued to buy TCI shares in several recent transactions, reinforcing a bullish insider signal that may be supporting the stock. SEC filing
  • Neutral Sentiment: The purchases were relatively small compared with the insider’s very large existing stake, so they are more a confidence signal than a meaningful ownership shift. SEC filing
  • Neutral Sentiment: The recent buys were made around $17.50 to $17.88 per share, suggesting the insider may view those levels as attractive. SEC filing

Hedge Funds Weigh In On Transcontinental Realty Investors

Several hedge funds and other institutional investors have recently bought and sold shares of TCI. Geode Capital Management LLC boosted its position in Transcontinental Realty Investors by 33.1% in the 2nd quarter. Geode Capital Management LLC now owns 35,728 shares of the real estate investment trust’s stock valued at $1,523,000 after buying an additional 8,883 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Transcontinental Realty Investors by 85.7% in the second quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 341 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Transcontinental Realty Investors by 43.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 315 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Transcontinental Realty Investors during the 2nd quarter valued at approximately $68,000. Finally, Bank of America Corp DE grew its stake in Transcontinental Realty Investors by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 424 shares in the last quarter.

Analyst Ratings Changes

Several analysts have commented on the company. Weiss Ratings upgraded Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 12th. Wall Street Zen raised shares of Transcontinental Realty Investors to a “sell” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on TCI

About Transcontinental Realty Investors

(Get Free Report)

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open‐air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long‐term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.

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Insider Buying and Selling by Quarter for Transcontinental Realty Investors (NYSE:TCI)

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