Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Purchases 3,000 Shares of Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental acquired 3,000 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of $17.94 per share, with a total value of $53,820.00. Following the completion of the transaction, the insider directly owned 3,443,529 shares of the company’s stock, valued at $61,776,910.26. This trade represents a 0.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s shares 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 stock was purchased 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 stock was purchased at an average price of $17.95 per share, with a total value of $35,935.90.
• On Wednesday, May 20th, Realty Invest Transcontinental bought 351 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.77 per share, with a total value of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental bought 2 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.75 per share, with a total value of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental bought 1,520 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.86 per share, with a total value of $27,147.20.
• On Monday, March 30th, Realty Invest Transcontinental bought 2 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.75 per share, with a total value of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental bought 40 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.75 per share, with a total value of $710.00.

Transcontinental Realty Investors Price Performance

Shares of Transcontinental Realty Investors stock opened at $36.31 on Friday. Transcontinental Realty Investors, Inc. has a 1 year low of $31.48 and a 1 year high of $59.65. The firm has a market cap of $313.72 million, a PE ratio of 33.31 and a beta of 0.54. The company has a 50 day simple moving average of $36.98 and a two-hundred day simple moving average of $44.21.

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen raised shares of Transcontinental Realty Investors to a “sell” rating in a research note on Saturday, May 9th. 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. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Transcontinental Realty Investors has an average rating of “Sell”.

Institutional Trading of Transcontinental Realty Investors

Several large investors have recently added to or reduced their stakes in the stock. Barclays PLC boosted its holdings in Transcontinental Realty Investors by 10.5% in the fourth quarter. Barclays PLC now owns 2,960 shares of the real estate investment trust’s stock valued at $174,000 after acquiring an additional 282 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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. Russell Investments Group Ltd. boosted 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. State Street Corp boosted its holdings in Transcontinental Realty Investors by 1.6% in the fourth quarter. State Street Corp now owns 22,703 shares of the real estate investment trust’s stock valued at $1,331,000 after acquiring an additional 352 shares in the last quarter. Finally, Bank of America Corp DE boosted 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

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.