Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Purchases 1,520 Shares of Stock

Transcontinental Realty Investors, Inc. (NYSE:TCIGet Free Report) major shareholder Realty Invest Transcontinental acquired 1,520 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were acquired at an average price of $17.86 per share, with a total value of $27,147.20. Following the completion of the purchase, the insider owned 3,445,049 shares of the company’s stock, valued at $61,528,575.14. This trade represents a 0.04% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

  • On Tuesday, May 26th, Realty Invest Transcontinental acquired 1,700 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.89 per share, with a total value of $30,413.00.
  • On Thursday, May 21st, Realty Invest Transcontinental acquired 2,002 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.95 per share, with a total value of $35,935.90.
  • On Wednesday, May 20th, Realty Invest Transcontinental acquired 351 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.77 per share, with a total value of $6,237.27.
  • On Friday, May 8th, Realty Invest Transcontinental acquired 2 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.75 per share, with a total value of $35.50.
  • On Tuesday, May 5th, Realty Invest Transcontinental acquired 3,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.94 per share, with a total value of $53,820.00.
  • On Monday, March 30th, Realty Invest Transcontinental acquired 2 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.75 per share, with a total value of $35.50.
  • On Friday, March 27th, Realty Invest Transcontinental acquired 40 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.75 per share, with a total value of $710.00.

Transcontinental Realty Investors Stock Up 1.8%

TCI opened at $36.31 on Friday. Transcontinental Realty Investors, Inc. has a 52-week low of $31.48 and a 52-week high of $59.65. The company has a 50 day moving average of $36.98 and a two-hundred day moving average of $44.21. The company has a market cap of $313.72 million, a P/E ratio of 33.31 and a beta of 0.54.

Transcontinental Realty Investors (NYSE:TCIGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter. Transcontinental Realty Investors had a net margin of 18.94% and a negative return on equity of 0.02%. The company had revenue of $12.34 million during the quarter.

Analysts Set New Price Targets

TCI has been the subject of several analyst reports. Weiss Ratings downgraded shares of Transcontinental Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of Transcontinental Realty Investors to a “sell” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Get Our Latest Report on TCI

More Transcontinental Realty Investors News

Here are the key news stories impacting Transcontinental Realty Investors this week:

  • Positive Sentiment: Major shareholder Realty Invest Transcontinental disclosed another purchase of 1,700 shares at $17.89 each, adding to a pattern of insider buying over the past several weeks. Article Title
  • Positive Sentiment: The insider has also bought shares repeatedly in prior transactions this spring, including purchases of 2,002 shares, 351 shares, 1,520 shares, and 3,000 shares, reinforcing a consistent accumulation trend. Article Title
  • Neutral Sentiment: TCI recently reported quarterly earnings of $0.02 per share on revenue of $12.34 million, with a 18.94% net margin but a slightly negative return on equity. These results provide mixed fundamental signals and may be limiting the stock’s upside. Article Title
  • Negative Sentiment: The company still carries a consensus “Sell” rating, and recent rating actions from Weiss Ratings and Wall Street Zen remain cautious, which could temper enthusiasm despite the insider buying. Article Title

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in Transcontinental Realty Investors in the fourth quarter valued at $33,000. Russell Investments Group Ltd. raised its holdings in Transcontinental Realty Investors by 85.7% in the second quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 341 shares in the last quarter. MAI Capital Management acquired a new stake in Transcontinental Realty Investors in the third quarter valued at $42,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Transcontinental Realty Investors by 43.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 315 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Transcontinental Realty Investors by 47.9% in the second quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 424 shares in the last quarter.

About Transcontinental Realty Investors

(Get Free Report)

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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Insider Buying and Selling by Quarter for Transcontinental Realty Investors (NYSE:TCI)

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