Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Buys 2,500 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental acquired 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The shares were bought at an average cost of $17.35 per share, for a total transaction of $43,375.00. Following the purchase, the insider now owns 3,428,294 shares of the company's stock, valued at approximately $59,480,900.90. The trade was a 0.07 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company's shares 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 shares were purchased at an average price 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, 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, for a total transaction of $20,848.08.
• On Monday, April 21st, Realty Invest Transcontinental acquired 1,500 shares of Transcontinental Realty Investors stock. The shares were bought 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 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 purchased 1,773 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.66 per share, for a total transaction of $31,311.18.
• On Friday, April 11th, Realty Invest Transcontinental purchased 79 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.75 per share, with a total value 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 price of $17.40 per share, with a total value of $696.00.
• On Thursday, April 3rd, 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, for a total transaction of $17,480.00.
• On Monday, March 31st, Realty Invest Transcontinental purchased 1,700 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.48 per share, with a total value of $29,716.00.

Transcontinental Realty Investors Stock Performance

Shares of TCI stock traded up $1.66 on Friday, hitting $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 is $28.64 and its 200-day moving average is $28.38. The firm has a market capitalization of $285.09 million, a price-to-earnings 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 announced its earnings results 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 for the quarter. Transcontinental Realty Investors had a return on equity of 0.38% and a net margin of 6.55%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on 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

A number of institutional investors have recently modified their holdings of the stock. Barclays PLC grew its stake 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 worth $47,000 after purchasing an additional 1,176 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of 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 worth $67,000 after acquiring an additional 1,505 shares in the last quarter. Finally, TCW Group Inc. increased its holdings in shares of 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 during the last quarter.

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.