Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.12 and traded as high as $46.50. Transcontinental Realty Investors shares last traded at $45.47, with a volume of 935 shares traded.
Transcontinental Realty Investors Stock Performance
The business has a fifty day moving average of $44.43 and a 200-day moving average of $37.47. The company has a market capitalization of $397.06 million, a P/E ratio of 60.48 and a beta of 0.57.
Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last issued its earnings results on Thursday, August 7th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $12.16 million for the quarter. Transcontinental Realty Investors had a return on equity of 0.41% and a net margin of 13.88%.
Institutional Investors Weigh In On Transcontinental Realty Investors
Several large investors have recently made changes to their positions in TCI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Transcontinental Realty Investors by 43.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 315 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Transcontinental Realty Investors by 85.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 341 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Transcontinental Realty Investors by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 424 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Transcontinental Realty Investors during the 2nd quarter valued at about $68,000. Finally, Geode Capital Management LLC lifted its position in Transcontinental Realty Investors by 33.1% in the second quarter. Geode Capital Management LLC now owns 35,728 shares of the real estate investment trust's stock valued at $1,523,000 after purchasing an additional 8,883 shares during the last quarter.
About Transcontinental Realty Investors
(
Get Free Report)
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.
Further Reading
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