Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.84 and traded as high as $33.44. Transcontinental Realty Investors shares last traded at $33.31, with a volume of 1,588 shares.
Analyst Ratings Changes
Separately, Wall Street Zen assumed coverage on shares of Transcontinental Realty Investors in a research report on Friday, May 16th. They set a "sell" rating for the company.
View Our Latest Stock Report on TCI
Transcontinental Realty Investors Stock Performance
The firm's 50-day moving average price is $30.22 and its 200 day moving average price is $28.99. The company has a market cap of $316.39 million, a price-to-earnings ratio of 98.40 and a beta of 0.34.
Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $0.17 earnings per share (EPS) 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%.
Insider Activity
In other Transcontinental Realty Investors news, major shareholder Realty Invest Transcontinental acquired 2,500 shares of the business's stock in a transaction dated Wednesday, April 23rd. The shares were acquired at an average price of $17.35 per share, with a total value of $43,375.00. Following the completion of the transaction, the insider now directly owns 3,428,294 shares in the company, valued at $59,480,900.90. This trade represents a 0.07% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders purchased 20,659 shares of company stock worth $362,765 over the last quarter. 86.20% of the stock is currently owned by company insiders.
Institutional Trading of Transcontinental Realty Investors
An institutional investor recently raised its position 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 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,648 shares of the real estate investment trust's stock after purchasing an additional 2,319 shares during the period. JPMorgan Chase & Co. owned 0.05% of Transcontinental Realty Investors worth $139,000 at the end of the most recent quarter.
Transcontinental Realty Investors Company Profile
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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.
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