Transcontinental Realty Investors (NYSE:TCI) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen downgraded Transcontinental Realty Investors to “sell,” while Weiss Ratings separately raised its rating from “sell (d+)” to “hold (c-).” MarketBeat’s overall analyst consensus remains “Hold.”
• TCI opened at $36.56, with a market capitalization of approximately $320.6 million and a 12-month trading range of $31.48 to $59.65. Its latest quarterly report showed a loss of $0.13 per share on $12.87 million in revenue.
• Insiders have continued buying shares, purchasing 17,097 shares worth about $304,147 over the past 90 days; insiders collectively own 86.2% of the company. Several institutional investors, including Russell Investments and JPMorgan, also increased their positions.

Transcontinental Realty Investors (NYSE:TCI - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "sell" rating in a report issued on Saturday.

Separately, Weiss Ratings upgraded shares of Transcontinental Realty Investors from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold".

Transcontinental Realty Investors Trading Up 2.8%

TCI stock opened at $36.56 on Friday. The firm has a market cap of $320.63 million, a P/E ratio of 38.89 and a beta of 0.50. Transcontinental Realty Investors has a 12-month low of $31.48 and a 12-month high of $59.65. The stock's 50 day simple moving average is $41.86 and its 200 day simple moving average is $40.88.

Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported ($0.13) EPS for the quarter. Transcontinental Realty Investors had a negative return on equity of 0.17% and a net margin of 16.08%.The business had revenue of $12.87 million during the quarter.

Insider Buying and Selling at Transcontinental Realty Investors

In other news, major shareholder Realty Invest Transcontinental acquired 1,500 shares of the company's stock in a transaction that occurred on Monday, June 22nd. The shares were acquired at an average price of $17.75 per share, with a total value of $26,625.00. Following the acquisition, the insider directly owned 3,460,847 shares in the company, valued at approximately $61,430,034.25. The trade was a 0.04% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders have bought 17,097 shares of company stock valued at $304,147. 86.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. raised its holdings in shares of Transcontinental Realty Investors by 1,664.3% during the third quarter. Russell Investments Group Ltd. now owns 13,038 shares of the real estate investment trust's stock valued at $601,000 after buying an additional 12,299 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Transcontinental Realty Investors during the third quarter worth approximately $228,000. RBF Capital LLC bought a new position in Transcontinental Realty Investors in the 4th quarter worth approximately $214,000. Wells Fargo & Company MN grew its holdings in Transcontinental Realty Investors by 26.3% in the 4th quarter. Wells Fargo & Company MN now owns 2,215 shares of the real estate investment trust's stock worth $130,000 after buying an additional 461 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Transcontinental Realty Investors by 37.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,669 shares of the real estate investment trust's stock valued at $123,000 after acquiring an additional 730 shares during the period.

Transcontinental Realty Investors Company Profile

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open‐air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long‐term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.

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