Realty Invest Transcontinental Buys 1,500 Shares of Transcontinental Realty Investors (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental bought 1,500 shares of Transcontinental Realty Investors stock in a transaction dated Monday, June 22nd. The stock was acquired at an average price of $17.75 per share, with a total value of $26,625.00. Following the completion of the transaction, the insider directly owned 3,460,847 shares of the company’s stock, valued at approximately $61,430,034.25. The trade was a 0.04% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Large 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, June 23rd, Realty Invest Transcontinental acquired 1,300 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.88 per share, for a total transaction of $23,244.00.
• On Thursday, June 18th, Realty Invest Transcontinental bought 352 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost of $17.85 per share, with a total value of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental purchased 1,653 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.76 per share, for a total transaction of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental bought 1,517 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price 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 stock was acquired at an average price of $17.50 per share, for a total transaction of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price 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 shares were bought at an average cost of $17.74 per share, with a total value of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental bought 2,000 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.50 per share, with a total value of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental acquired 2,474 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.83 per share, with a total value of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental purchased 157 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.77 per share, for a total transaction of $2,789.89.

Transcontinental Realty Investors Stock Up 0.3%

Shares of TCI opened at $46.50 on Wednesday. The company has a market cap of $401.71 million, a P/E ratio of 42.66 and a beta of 0.49. Transcontinental Realty Investors, Inc. has a fifty-two week low of $31.48 and a fifty-two week high of $59.65. The firm’s 50 day moving average price is $39.14 and its 200 day moving average price is $43.41.

Transcontinental Realty Investors (NYSE:TCI) last announced 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 negative return on equity of 0.02% and a net margin of 18.94%.The business had revenue of $12.34 million during the quarter.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Weiss Ratings upgraded Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, June 12th. Wall Street Zen raised Transcontinental Realty Investors to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Key Stories Impacting Transcontinental Realty Investors

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

• Positive Sentiment: Major shareholder Realty Invest Transcontinental has continued to buy TCI shares in several recent transactions, reinforcing a bullish insider signal that may be supporting the stock. SEC filing
• Neutral Sentiment: The purchases were relatively small compared with the insider’s very large existing stake, so they are more a confidence signal than a meaningful ownership shift. SEC filing
• Neutral Sentiment: The recent buys were made around $17.50 to $17.88 per share, suggesting the insider may view those levels as attractive. SEC filing

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new stake in shares of Transcontinental Realty Investors in the third quarter valued at about $228,000. RBF Capital LLC acquired a new stake in shares of Transcontinental Realty Investors during the 4th quarter valued at approximately $214,000. Barclays PLC lifted its position in shares of Transcontinental Realty Investors by 10.5% during the 4th 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 during the period. Wells Fargo & Company MN boosted its stake in shares of Transcontinental Realty Investors by 26.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,215 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 461 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Transcontinental Realty Investors by 37.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,669 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 730 shares in the last quarter.

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.