Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Purchases 1,500 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental purchased 1,500 shares of the firm's stock in a transaction that occurred on Monday, April 21st. The stock was purchased at an average price of $17.80 per share, for a total transaction of $26,700.00. Following the acquisition, the insider now owns 3,423,794 shares of the company's stock, valued at $60,943,533.20. The trade was a 0.04 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 bought 21 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.21 per share, for a total transaction of $361.41.
• On Monday, April 28th, Realty Invest Transcontinental purchased 1,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.48 per share, with a total value of $17,480.00.
• On Friday, April 25th, Realty Invest Transcontinental acquired 1,192 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.49 per share, for a total transaction of $20,848.08.
• On Wednesday, April 23rd, Realty Invest Transcontinental bought 2,500 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.35 per share, with a total value of $43,375.00.
• On Wednesday, April 16th, Realty Invest Transcontinental purchased 374 shares of Transcontinental Realty Investors stock. The stock was bought 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 bought 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 price of $17.75 per share, for a total transaction 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 Thursday, April 3rd, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The shares were purchased 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 purchased at an average cost of $17.48 per share, with a total value of $29,716.00.

Transcontinental Realty Investors Stock Performance

NYSE:TCI traded up $1.66 on Friday, reaching $33.00. The company's stock had a trading volume of 1,789 shares, compared to its average volume of 3,447. Transcontinental Realty Investors, Inc. has a 1-year low of $25.50 and a 1-year high of $33.18. The business'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 cap of $285.09 million, a PE ratio of 89.19 and a beta of 0.34.

Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $0.17 earnings per share (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%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Transcontinental Realty Investors

Several large investors have recently made changes to their positions in the stock. TCW Group Inc. lifted its position in Transcontinental Realty Investors by 5.3% in 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 acquiring an additional 3,618 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 worth $139,000 after purchasing an additional 2,319 shares in the last quarter. Finally, Barclays PLC raised its stake 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 valued at $47,000 after purchasing an additional 1,176 shares during the period.

About Transcontinental Realty Investors

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.