Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Buys 1,300 Shares of Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental acquired 1,300 shares of Transcontinental Realty Investors stock in a transaction that occurred on Tuesday, June 23rd. The shares were purchased at an average price of $17.88 per share, for a total transaction of $23,244.00. Following the transaction, the insider directly owned 3,462,147 shares in the company, valued at $61,903,188.36. The trade was a 0.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more 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 Monday, June 22nd, Realty Invest Transcontinental bought 1,500 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental purchased 352 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.85 per share, for a total transaction of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental bought 1,653 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.76 per share, for a total transaction of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental acquired 1,517 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.81 per share, for a total transaction of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental acquired 91 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.74 per share, with a total value of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental purchased 2,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.50 per share, with a total value of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental bought 2,474 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.83 per share, for a total transaction of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental purchased 157 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.77 per share, with a total value of $2,789.89.

Transcontinental Realty Investors Stock Performance

Shares of Transcontinental Realty Investors stock traded down $1.96 on Monday, hitting $46.51. The company had a trading volume of 10,409 shares, compared to its average volume of 5,344. The stock has a 50 day moving average of $38.71 and a 200-day moving average of $43.56. Transcontinental Realty Investors, Inc. has a 1 year low of $31.48 and a 1 year high of $59.65. The stock has a market capitalization of $401.85 million, a price-to-earnings ratio of 42.67 and a beta of 0.49.

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

Key Headlines Impacting Transcontinental Realty Investors

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

• Positive Sentiment: Major shareholder Realty Invest Transcontinental has made multiple recent open-market purchases of TCI shares, suggesting insider confidence in the company’s outlook and valuation.
• Neutral Sentiment: The insider buying was disclosed in SEC filings and was relatively small as a percentage of total ownership, so it may support sentiment but is not a major fundamental catalyst.
• Neutral Sentiment: TCI’s last reported quarterly results showed modest profitability, with $0.02 EPS and $12.34 million in revenue, providing limited near-term earnings momentum.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TCI shares. Weiss Ratings raised shares of Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. Wall Street Zen upgraded 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.com, the stock currently has a consensus rating of “Sell”.

Institutional Trading of Transcontinental Realty Investors

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in shares of Transcontinental Realty Investors by 33.1% in the 2nd quarter. Geode Capital Management LLC now owns 35,728 shares of the real estate investment trust’s stock worth $1,523,000 after purchasing an additional 8,883 shares during the period. Russell Investments Group Ltd. raised its stake in shares of 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 buying an additional 341 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Transcontinental Realty Investors by 43.9% during the 2nd 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 buying an additional 315 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Transcontinental Realty Investors during the 2nd quarter valued at $68,000. Finally, Bank of America Corp DE grew its stake 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 worth $56,000 after acquiring an additional 424 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.