Realty Invest Transcontinental Buys 1,700 Shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental bought 1,700 shares of Transcontinental Realty Investors stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average price of $17.48 per share, with a total value of $29,716.00. Following the purchase, the insider now owns 3,415,928 shares of the company's stock, valued at $59,710,421.44. This trade represents a 0.05 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.

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

• On Thursday, March 27th, Realty Invest Transcontinental purchased 2,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.49 per share, with a total value of $34,980.00.
• On Monday, March 24th, Realty Invest Transcontinental acquired 2,000 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.60 per share, for a total transaction of $35,200.00.
• On Friday, March 21st, Realty Invest Transcontinental bought 480 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.48 per share, with a total value of $8,390.40.
• On Wednesday, March 12th, Realty Invest Transcontinental purchased 3,500 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.65 per share, for a total transaction of $61,775.00.
• On Monday, March 10th, Realty Invest Transcontinental acquired 1,500 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.62 per share, with a total value of $26,430.00.
• On Wednesday, January 29th, Realty Invest Transcontinental bought 21,678 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $18.00 per share, for a total transaction of $390,204.00.

Transcontinental Realty Investors Price Performance

Shares of Transcontinental Realty Investors stock traded up $0.12 during midday trading on Friday, hitting $28.23. 1,438 shares of the company were exchanged, compared to its average volume of 3,903. The firm has a 50 day simple moving average of $28.29 and a 200-day simple moving average of $28.29. The firm has a market cap of $243.84 million, a P/E ratio of 76.28 and a beta of 0.24. Transcontinental Realty Investors, Inc. has a 52 week low of $25.50 and a 52 week high of $35.00.

Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last issued its earnings results on Thursday, March 20th. The real estate investment trust reported $0.01 EPS for the quarter. The company had revenue of $11.79 million for the quarter. Transcontinental Realty Investors had a net margin of 6.55% and a return on equity of 0.38%.

Institutional Trading of Transcontinental Realty Investors

Several hedge funds have recently modified their holdings of the company. Barclays PLC grew its position in Transcontinental Realty Investors by 261.9% during the 3rd quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 1,176 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Transcontinental Realty Investors by 182.6% in the third quarter. JPMorgan Chase & Co. now owns 2,329 shares of the real estate investment trust's stock worth $67,000 after purchasing an additional 1,505 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Transcontinental Realty Investors by 1,073.0% in the third quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust's stock worth $87,000 after purchasing an additional 2,779 shares in the last quarter. Finally, TCW Group Inc. grew its holdings in shares of Transcontinental Realty Investors by 0.6% during the third quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust's stock worth $1,968,000 after purchasing an additional 382 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Transcontinental Realty Investors in a research note on Sunday, April 6th. They set a "sell" rating for the company.

About Transcontinental Realty Investors

Transcontinental Realty Investors, Inc, a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.