Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental acquired 2,000 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was purchased at an average cost of $17.49 per share, with a total value of $34,980.00. Following the completion of the acquisition, the insider now owns 3,412,728 shares of the company's stock, valued at $59,688,612.72. The trade was a 0.06 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 Monday, March 31st, Realty Invest Transcontinental purchased 1,700 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.48 per share, with a total value of $29,716.00.
- On Monday, March 24th, Realty Invest Transcontinental acquired 2,000 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price 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 shares were acquired at an average cost of $17.48 per share, for a total transaction of $8,390.40.
- On Wednesday, March 12th, Realty Invest Transcontinental purchased 3,500 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.65 per share, with a total value of $61,775.00.
- On Monday, March 10th, Realty Invest Transcontinental acquired 1,500 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.62 per share, for a total transaction of $26,430.00.
- On Wednesday, January 29th, Realty Invest Transcontinental bought 21,678 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $390,204.00.
Transcontinental Realty Investors Stock Performance
Shares of TCI stock traded up $0.12 during midday trading on Friday, reaching $28.23. 1,438 shares of the company were exchanged, compared to its average volume of 3,903. The company's 50 day moving average price is $28.29 and its two-hundred day moving average price is $28.29. The company 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 12 month low of $25.50 and a 12 month high of $35.00.
Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last posted its quarterly earnings data on Thursday, March 20th. The real estate investment trust reported $0.01 EPS for the quarter. The business 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%.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on Transcontinental Realty Investors in a research report on Sunday, April 6th. They set a "sell" rating on the stock.
Check Out Our Latest Analysis on Transcontinental Realty Investors
Institutional Trading of Transcontinental Realty Investors
Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC boosted its stake in Transcontinental Realty Investors by 261.9% during the third quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 1,176 shares in the last quarter. JPMorgan Chase & Co. raised its position 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 acquiring an additional 1,505 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Transcontinental Realty Investors by 1,073.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust's stock valued at $87,000 after acquiring an additional 2,779 shares during the last quarter. Finally, TCW Group Inc. boosted its position in shares of Transcontinental Realty Investors by 0.6% during the 3rd quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust's stock valued at $1,968,000 after purchasing an additional 382 shares in the last quarter.
About Transcontinental Realty Investors
(
Get Free Report)
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.
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