Realty Invest Transcontinental Buys 3,000 Shares of Transcontinental Realty Investors (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental bought 3,000 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was acquired at an average cost of $17.94 per share, for a total transaction of $53,820.00. Following the completion of the acquisition, the insider directly owned 3,443,529 shares in the company, valued at approximately $61,776,910.26. This trade represents a 0.09% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 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 Tuesday, May 26th, Realty Invest Transcontinental bought 1,700 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.89 per share, for a total transaction of $30,413.00.
• On Thursday, May 21st, Realty Invest Transcontinental bought 2,002 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.95 per share, for a total transaction of $35,935.90.
• On Wednesday, May 20th, Realty Invest Transcontinental bought 351 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.77 per share, for a total transaction of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental acquired 2 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental acquired 1,520 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.86 per share, for a total transaction of $27,147.20.
• On Monday, March 30th, Realty Invest Transcontinental acquired 2 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental acquired 40 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.75 per share, for a total transaction of $710.00.

Transcontinental Realty Investors Stock Performance

Shares of TCI opened at $36.80 on Friday. The stock has a market capitalization of $317.95 million, a P/E ratio of 33.76 and a beta of 0.54. The company’s fifty day moving average is $37.03 and its two-hundred day moving average is $44.16. Transcontinental Realty Investors, Inc. has a 1 year low of $31.48 and a 1 year high of $59.65.

Transcontinental Realty Investors (NYSE:TCI) last announced its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $12.34 million for the quarter. Transcontinental Realty Investors had a net margin of 18.94% and a negative return on equity of 0.02%.

More Transcontinental Realty Investors News

Here are the key news stories impacting Transcontinental Realty Investors this week:

• Positive Sentiment: Major shareholder Realty Invest Transcontinental disclosed another purchase of 1,520 shares at $17.86 each, adding to a recent pattern of insider accumulation that may signal confidence in Transcontinental Realty Investors (NYSE: TCI). Article Title
• Positive Sentiment: The same major shareholder has made multiple recent purchases, including 1,700, 2,002, 351, 2, and 3,000 shares, reinforcing a steady insider-buying trend that investors often view as a bullish sign. Article Title
• Neutral Sentiment: TCI recently reported quarterly EPS of $0.02 on revenue of $12.34 million, with an 18.94% net margin but a slightly negative return on equity, which makes the operating picture mixed. Article Title
• Negative Sentiment: Analyst sentiment remains cautious, with a consensus Sell rating still in place, which could limit enthusiasm for the shares despite the insider buying. Article Title

Hedge Funds Weigh In On Transcontinental Realty Investors

A number of institutional investors and hedge funds have recently made changes to their positions in TCI. Geode Capital Management LLC grew its stake in shares of Transcontinental Realty Investors by 33.1% during the 2nd quarter. Geode Capital Management LLC now owns 35,728 shares of the real estate investment trust’s stock worth $1,523,000 after purchasing an additional 8,883 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Transcontinental Realty Investors by 85.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 341 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Transcontinental Realty Investors by 43.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 315 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Transcontinental Realty Investors during the 2nd quarter worth $68,000. Finally, Bank of America Corp DE grew its stake in shares of Transcontinental Realty Investors by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 424 shares during the period.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TCI. Wall Street Zen raised shares of Transcontinental Realty Investors to a “sell” rating in a research note on Saturday, May 9th. Weiss Ratings cut shares of Transcontinental Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About Transcontinental Realty Investors

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open?air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long?term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.