Insider Buying: Transcontinental Realty Investors, Inc. (NYSE:TCI) Major Shareholder Acquires 1,500 Shares of Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI - Get Free Report) major shareholder Realty Invest Transcontinental purchased 1,500 shares of the business's stock in a transaction dated Monday, March 10th. The shares were purchased at an average cost of $17.62 per share, for a total transaction of $26,430.00. Following the purchase, the insider now directly owns 3,404,748 shares of the company's stock, valued at $59,991,659.76. This trade represents a 0.04 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company's stock 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 acquired 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 bought 2,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.49 per share, for a total transaction of $34,980.00.
• On Monday, March 24th, Realty Invest Transcontinental purchased 2,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.60 per share, with a total value of $35,200.00.
• On Friday, March 21st, Realty Invest Transcontinental acquired 480 shares of Transcontinental Realty Investors stock. The stock was 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 bought 3,500 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.65 per share, with a total value of $61,775.00.
• On Wednesday, January 29th, Realty Invest Transcontinental purchased 21,678 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $18.00 per share, for a total transaction of $390,204.00.

Transcontinental Realty Investors Trading Up 0.4 %

Shares of TCI stock traded up $0.12 on Friday, reaching $28.23. The company had a trading volume of 1,438 shares, compared to its average volume of 3,903. The stock has a market cap of $243.84 million, a PE ratio of 76.28 and a beta of 0.24. The company has a 50-day moving average of $28.29 and a 200-day moving average of $28.29. 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 issued its earnings results on Thursday, March 20th. The real estate investment trust reported $0.01 EPS for the quarter. The firm had revenue of $11.79 million during 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

Large investors have recently made changes to their positions in the company. TCW Group Inc. lifted its holdings in Transcontinental Realty Investors by 5.3% during the fourth quarter. TCW Group Inc. now owns 71,987 shares of the real estate investment trust's stock worth $2,146,000 after acquiring an additional 3,618 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Transcontinental Realty Investors by 99.6% during the fourth quarter. JPMorgan Chase & Co. now owns 4,648 shares of the real estate investment trust's stock worth $139,000 after purchasing an additional 2,319 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of Transcontinental Realty Investors by 1,073.0% during 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 purchasing an additional 2,779 shares in the last quarter. Finally, Barclays PLC grew its position in shares of Transcontinental Realty Investors by 261.9% in 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 during the period.

Analyst Upgrades and Downgrades

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

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.