Realty Invest Transcontinental Purchases 1,000 Shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental purchased 1,000 shares of Transcontinental Realty Investors stock in a transaction on Thursday, April 3rd. The shares were acquired at an average price of $17.48 per share, with a total value of $17,480.00. Following the transaction, the insider now directly owns 3,418,328 shares in the company, valued at $59,752,373.44. This trade represents a 0.03 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more 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 Wednesday, April 30th, Realty Invest Transcontinental purchased 21 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost of $17.21 per share, with a total value of $361.41.
• On Monday, April 28th, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.48 per share, for a total transaction of $17,480.00.
• On Friday, April 25th, Realty Invest Transcontinental bought 1,192 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.49 per share, with a total value of $20,848.08.
• On Wednesday, April 23rd, Realty Invest Transcontinental acquired 2,500 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.35 per share, for a total transaction of $43,375.00.
• On Monday, April 21st, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.80 per share, with a total value of $26,700.00.
• On Wednesday, April 16th, Realty Invest Transcontinental acquired 374 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.70 per share, for a total transaction of $6,619.80.
• On Monday, April 14th, Realty Invest Transcontinental acquired 1,773 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.66 per share, with a total value of $31,311.18.
• On Friday, April 11th, Realty Invest Transcontinental bought 79 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.75 per share, with a total value of $1,402.25.
• On Tuesday, April 8th, Realty Invest Transcontinental purchased 40 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost of $17.40 per share, with a total value of $696.00.
• On Monday, March 31st, Realty Invest Transcontinental bought 1,700 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost of $17.48 per share, with a total value of $29,716.00.

Transcontinental Realty Investors Price Performance

TCI stock traded up $0.85 during mid-day trading on Thursday, reaching $31.77. The company had a trading volume of 520 shares, compared to its average volume of 3,461. The company has a market capitalization of $274.46 million, a price-to-earnings ratio of 85.86 and a beta of 0.34. The stock has a 50 day simple moving average of $28.52 and a two-hundred day simple moving average of $28.32. Transcontinental Realty Investors, Inc. has a 52 week low of $25.50 and a 52 week high of $32.50.

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

Institutional Investors Weigh In On Transcontinental Realty Investors

A number of large investors have recently modified their holdings of the business. Barclays PLC lifted its holdings in shares of Transcontinental Realty Investors by 261.9% in the third 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 last quarter. JPMorgan Chase & Co. lifted 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 purchasing an additional 1,505 shares during the last quarter. Finally, TCW Group Inc. grew its position in Transcontinental Realty Investors by 5.3% during the 4th quarter. TCW Group Inc. now owns 71,987 shares of the real estate investment trust's stock worth $2,146,000 after acquiring an additional 3,618 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Transcontinental Realty Investors in a research report on Thursday. They set a "sell" rating for the company.

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.