Realty Invest Transcontinental Acquires 2,000 Shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental acquired 2,000 shares of the company's stock in a transaction dated Monday, March 24th. The shares were purchased at an average price of $17.60 per share, with a total value of $35,200.00. Following the completion of the acquisition, the insider now owns 3,410,728 shares in the company, valued at approximately $60,028,812.80. The trade was a 0.06 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through 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 shares were purchased at an average cost of $17.48 per share, with a total value of $29,716.00.
• On Thursday, March 27th, Realty Invest Transcontinental acquired 2,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.49 per share, for a total transaction of $34,980.00.
• On Friday, March 21st, Realty Invest Transcontinental bought 480 shares of Transcontinental Realty Investors stock. The shares were 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 stock was 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 cost 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 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 NYSE:TCI traded up $0.12 during mid-day trading on Friday, hitting $28.23. 1,438 shares of the company traded hands, compared to its average volume of 3,903. The firm's 50 day simple moving average is $28.29 and its 200 day simple moving average is $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 posted its quarterly earnings data on Thursday, March 20th. The real estate investment trust reported $0.01 earnings per share (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%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Transcontinental Realty Investors in a report on Sunday, April 6th. They issued a "sell" rating for the company.

Hedge Funds Weigh In On Transcontinental Realty Investors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of Transcontinental Realty Investors by 1,073.0% during the third quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust's stock worth $87,000 after acquiring an additional 2,779 shares during the last quarter. Barclays PLC grew its stake 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 valued at $47,000 after purchasing an additional 1,176 shares in the last quarter. TCW Group Inc. increased its holdings in 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 worth $1,968,000 after purchasing an additional 382 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Transcontinental Realty Investors by 182.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,329 shares of the real estate investment trust's stock valued at $67,000 after purchasing an additional 1,505 shares in the last quarter.

Transcontinental Realty Investors Company Profile

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.