Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Acquires 1,773 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental acquired 1,773 shares of the company's stock in a transaction that occurred on Monday, April 14th. The stock was purchased at an average cost of $17.66 per share, for a total transaction of $31,311.18. Following the acquisition, the insider now owns 3,421,820 shares in the company, valued at approximately $60,429,341.20. This trade represents a 0.05 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available 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 Wednesday, April 30th, Realty Invest Transcontinental purchased 21 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.21 per share, for a total transaction of $361.41.
• On Monday, April 28th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.48 per share, for a total transaction of $17,480.00.
• On Friday, April 25th, Realty Invest Transcontinental purchased 1,192 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.49 per share, with a total value of $20,848.08.
• On Wednesday, April 23rd, Realty Invest Transcontinental bought 2,500 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost 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 stock was bought at an average cost of $17.80 per share, with a total value of $26,700.00.
• On Wednesday, April 16th, Realty Invest Transcontinental bought 374 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.70 per share, for a total transaction of $6,619.80.
• On Friday, April 11th, Realty Invest Transcontinental acquired 79 shares of Transcontinental Realty Investors stock. The stock was purchased 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 shares were purchased at an average cost of $17.40 per share, for a total transaction of $696.00.
• On Thursday, April 3rd, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.48 per share, with a total value of $17,480.00.
• On Monday, March 31st, Realty Invest Transcontinental acquired 1,700 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.48 per share, with a total value of $29,716.00.

Transcontinental Realty Investors Price Performance

NYSE TCI traded up $1.66 on Friday, hitting $33.00. 1,789 shares of the company were exchanged, compared to its average volume of 3,447. Transcontinental Realty Investors, Inc. has a twelve month low of $25.50 and a twelve month high of $33.18. The company's 50 day moving average price is $28.64 and its 200-day moving average price is $28.38. The firm has a market capitalization of $285.09 million, a P/E ratio of 89.19 and a beta of 0.34.

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 earnings per share (EPS) for the quarter. Transcontinental Realty Investors had a net margin of 6.55% and a return on equity of 0.38%. The business had revenue of $12.01 million for the quarter.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Transcontinental Realty Investors

A number of hedge funds have recently modified their holdings of the business. Barclays PLC grew its holdings 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 in the last quarter. JPMorgan Chase & Co. boosted its position in Transcontinental Realty Investors by 182.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,329 shares of the real estate investment trust's stock worth $67,000 after acquiring an additional 1,505 shares during the period. Finally, TCW Group Inc. grew its stake 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 valued at $2,146,000 after acquiring an additional 3,618 shares in the last quarter.

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.