Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Purchases 2,002 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCIGet Free Report) major shareholder Realty Invest Transcontinental acquired 2,002 shares of Transcontinental Realty Investors stock in a transaction on Thursday, May 21st. The shares were purchased at an average price of $17.95 per share, with a total value of $35,935.90. Following the completion of the purchase, the insider owned 3,447,404 shares in the company, valued at $61,880,901.80. This represents a 0.06% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 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 Tuesday, May 26th, Realty Invest Transcontinental acquired 1,700 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.89 per share, with a total value of $30,413.00.
  • On Wednesday, May 20th, Realty Invest Transcontinental acquired 351 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.77 per share, with a total value of $6,237.27.
  • On Friday, May 8th, Realty Invest Transcontinental acquired 2 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.75 per share, with a total value of $35.50.
  • On Thursday, May 7th, Realty Invest Transcontinental purchased 1,520 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.86 per share, with a total value of $27,147.20.
  • On Tuesday, May 5th, Realty Invest Transcontinental purchased 3,000 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.94 per share, with a total value of $53,820.00.
  • On Monday, March 30th, Realty Invest Transcontinental purchased 2 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.75 per share, with a total value of $35.50.
  • On Friday, March 27th, Realty Invest Transcontinental purchased 40 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.75 per share, with a total value of $710.00.

Transcontinental Realty Investors Stock Performance

Shares of TCI stock traded up $0.64 during trading hours on Thursday, reaching $36.31. The company had a trading volume of 3,277 shares, compared to its average volume of 4,793. The business has a fifty day moving average price of $36.95 and a 200-day moving average price of $44.27. Transcontinental Realty Investors, Inc. has a one year low of $31.48 and a one year high of $59.65. The firm has a market cap of $313.72 million, a PE ratio of 33.31 and a beta of 0.54.

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

Analysts Set New Price Targets

A number of analysts have recently commented on TCI shares. Weiss Ratings lowered shares of Transcontinental Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of Transcontinental Realty Investors to a “sell” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Transcontinental Realty Investors currently has a consensus rating of “Sell”.

Read Our Latest Analysis on Transcontinental Realty Investors

Institutional Trading of Transcontinental Realty Investors

Large investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its position in Transcontinental Realty Investors by 85.7% during the second quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 341 shares during the period. Kestra Advisory Services LLC bought a new stake in Transcontinental Realty Investors during the fourth quarter valued at approximately $33,000. MAI Capital Management bought a new stake in Transcontinental Realty Investors during the third quarter valued at approximately $42,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Transcontinental Realty Investors by 43.9% during 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 buying an additional 315 shares during the period. Finally, Bank of America Corp DE grew its position in Transcontinental Realty Investors by 47.9% during the second quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 424 shares during the period.

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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