Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Buys 1,192 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental purchased 1,192 shares of the stock in a transaction on Friday, April 25th. The shares were bought at an average cost of $17.49 per share, for a total transaction of $20,848.08. Following the transaction, the insider now directly owns 3,430,163 shares in the company, valued at approximately $59,993,550.87. The trade was a 0.03 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company's shares 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 acquired 1,000 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.48 per share, with a total value of $17,480.00.
• On Wednesday, April 23rd, Realty Invest Transcontinental purchased 2,500 shares of Transcontinental Realty Investors stock. The stock was 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 stock was acquired 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 shares were bought at an average price 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 shares were 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 purchased 79 shares of Transcontinental Realty Investors stock. The shares were bought at an average price 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 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 acquired 1,000 shares of Transcontinental Realty Investors stock. The stock was 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 purchased 1,700 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.48 per share, for a total transaction of $29,716.00.

Transcontinental Realty Investors Stock Performance

Shares of Transcontinental Realty Investors stock traded up $0.26 on Friday, hitting $31.18. The company had a trading volume of 1,434 shares, compared to its average volume of 3,462. Transcontinental Realty Investors, Inc. has a 1 year low of $25.50 and a 1 year high of $32.50. The stock has a market capitalization of $269.40 million, a price-to-earnings ratio of 84.28 and a beta of 0.34. The stock has a 50 day moving average of $28.56 and a 200-day moving average of $28.34.

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

Hedge Funds Weigh In On Transcontinental Realty Investors

Institutional investors have recently modified their holdings of the company. Barclays PLC lifted its position in 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 valued at $47,000 after purchasing an additional 1,176 shares during the last quarter. JPMorgan Chase & Co. lifted 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 valued at $67,000 after acquiring an additional 1,505 shares during the period. Finally, TCW Group Inc. raised its stake in Transcontinental Realty Investors by 5.3% during the fourth quarter. TCW Group Inc. now owns 71,987 shares of the real estate investment trust's stock valued at $2,146,000 after buying an additional 3,618 shares during the last quarter.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on 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.