Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $32.84 and traded as high as $41.69. Transcontinental Realty Investors shares last traded at $42.38, with a volume of 828 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen began coverage on shares of Transcontinental Realty Investors in a report on Friday, May 16th. They issued a "sell" rating on the stock.
View Our Latest Report on TCI
Transcontinental Realty Investors Price Performance
The stock has a market capitalization of $349.88 million, a PE ratio of 44.50 and a beta of 0.45. The business's fifty day moving average price is $40.94 and its 200-day moving average price is $33.06.
Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last announced 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 16.81% and a return on equity of 0.57%. The firm had revenue of $12.01 million for the quarter.
Institutional Investors Weigh In On Transcontinental Realty Investors
A hedge fund recently raised its stake in Transcontinental Realty Investors stock. JPMorgan Chase & Co. raised its stake in Transcontinental Realty Investors, Inc. (NYSE:TCI - Free Report) by 99.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,648 shares of the real estate investment trust's stock after buying an additional 2,319 shares during the period. JPMorgan Chase & Co. owned about 0.05% of Transcontinental Realty Investors worth $139,000 at the end of the most recent quarter.
About Transcontinental Realty Investors
(
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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.
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