Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Buys 1,000 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental bought 1,000 shares of the firm's stock in a transaction on Monday, April 28th. The stock was acquired at an average price of $17.48 per share, for a total transaction of $17,480.00. Following the completion of the purchase, the insider now directly owns 3,431,163 shares in the company, valued at approximately $59,976,729.24. The trade was a 0.03 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 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 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, for a total transaction of $361.41.
• On Friday, April 25th, Realty Invest Transcontinental acquired 1,192 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.49 per share, with a total value of $20,848.08.
• On Wednesday, April 23rd, Realty Invest Transcontinental purchased 2,500 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.35 per share, for a total transaction of $43,375.00.
• On Monday, April 21st, Realty Invest Transcontinental acquired 1,500 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.80 per share, for a total transaction of $26,700.00.
• On Wednesday, April 16th, Realty Invest Transcontinental bought 374 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.70 per share, with a total value 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 acquired at an average cost of $17.75 per share, for a total transaction of $1,402.25.
• On Tuesday, April 8th, Realty Invest Transcontinental bought 40 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.40 per share, for a total transaction of $696.00.
• On Thursday, April 3rd, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.48 per share, for a total transaction of $17,480.00.
• 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 Trading Up 5.3 %

Shares of TCI stock traded up $1.66 during mid-day trading on Friday, reaching $33.00. The stock had a trading volume of 1,789 shares, compared to its average volume of 3,447. The stock's 50-day moving average price is $28.64 and its two-hundred day moving average price is $28.38. The firm has a market capitalization of $285.09 million, a PE ratio of 89.19 and a beta of 0.34. Transcontinental Realty Investors, Inc. has a 52-week low of $25.50 and a 52-week high of $33.18.

Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported $0.17 EPS for the quarter. The business had revenue of $12.01 million during the quarter. Transcontinental Realty Investors had a return on equity of 0.38% and a net margin of 6.55%.

Institutional Trading of Transcontinental Realty Investors

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in Transcontinental Realty Investors by 99.6% during the 4th quarter. JPMorgan Chase & Co. now owns 4,648 shares of the real estate investment trust's stock valued at $139,000 after purchasing an additional 2,319 shares during the period. TCW Group Inc. boosted its stake in shares of 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 valued at $2,146,000 after purchasing an additional 3,618 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Transcontinental Realty Investors by 261.9% during the third quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 1,176 shares during the period.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Transcontinental Realty Investors in a research note on Thursday. They issued a "sell" rating on the stock.

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.