Transcontinental Realty Investors (NYSE:TCI) Earns Sell Rating from Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Transcontinental Realty Investors (NYSE:TCI - Get Free Report) in a report issued on Saturday. The firm set a "sell" rating on the real estate investment trust's stock.

Transcontinental Realty Investors Stock Up 5.2 %

TCI traded up $1.45 during trading on Friday, hitting $29.40. The company's stock had a trading volume of 2,105 shares, compared to its average volume of 4,040. The firm has a market capitalization of $253.94 million, a P/E ratio of 79.45 and a beta of 0.52. Transcontinental Realty Investors has a twelve month low of $25.50 and a twelve month high of $37.26. The stock's fifty day moving average price is $28.14 and its 200-day moving average price is $28.29.

Transcontinental Realty Investors (NYSE:TCI - Get Free Report) last released its earnings results 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%.

Insider Activity at Transcontinental Realty Investors

In other Transcontinental Realty Investors news, major shareholder Realty Invest Transcontinental purchased 21,678 shares of Transcontinental Realty Investors stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average price of $18.00 per share, with a total value of $390,204.00. Following the transaction, the insider now owns 3,403,248 shares in the company, valued at $61,258,464. This trade represents a 0.64 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 86.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TCI. TCW Group Inc. increased its position in shares of 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. BNP Paribas Financial Markets increased its holdings in 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 worth $87,000 after purchasing an additional 2,779 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Transcontinental Realty Investors by 99.6% in 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 last quarter. Finally, Barclays PLC lifted its holdings in shares of Transcontinental Realty Investors by 261.9% in the third 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.

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.