Realty Invest Transcontinental Purchases 1,700 Shares of Transcontinental Realty Investors (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCIGet Free Report) major shareholder Realty Invest Transcontinental bought 1,700 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average price of $17.89 per share, for a total transaction of $30,413.00. Following the acquisition, the insider directly owned 3,449,104 shares of the company’s stock, valued at $61,704,470.56. The trade was a 0.05% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

  • On Thursday, May 21st, Realty Invest Transcontinental bought 2,002 shares of Transcontinental Realty Investors stock. The stock was bought at an average price 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 bought at an average price of $17.77 per share, for a total transaction of $6,237.27.
  • On Friday, May 8th, Realty Invest Transcontinental bought 2 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.75 per share, for a total transaction of $35.50.
  • On Thursday, May 7th, Realty Invest Transcontinental bought 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 Tuesday, May 5th, Realty Invest Transcontinental bought 3,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.94 per share, for a total transaction of $53,820.00.
  • On Monday, March 30th, Realty Invest Transcontinental bought 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 bought 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 NYSE:TCI opened at $36.80 on Friday. The stock has a market capitalization of $317.95 million, a price-to-earnings ratio of 33.76 and a beta of 0.54. The stock’s 50-day simple moving average is $37.03 and its two-hundred day simple moving average is $44.16. Transcontinental Realty Investors, Inc. has a 52-week low of $31.48 and a 52-week high of $59.65.

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

Transcontinental Realty Investors News Roundup

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

Analysts Set New Price Targets

Several research analysts have weighed in on TCI shares. Wall Street Zen upgraded shares of Transcontinental Realty Investors to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded shares of Transcontinental Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Get Our Latest Stock Report on Transcontinental Realty Investors

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. RBF Capital LLC purchased a new stake in shares of Transcontinental Realty Investors in the fourth quarter worth $214,000. Barclays PLC increased its stake in shares of Transcontinental Realty Investors by 10.5% in the fourth quarter. Barclays PLC now owns 2,960 shares of the real estate investment trust’s stock worth $174,000 after purchasing an additional 282 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Transcontinental Realty Investors by 26.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,215 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 461 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Transcontinental Realty Investors by 37.6% in the third quarter. JPMorgan Chase & Co. now owns 2,669 shares of the real estate investment trust’s stock worth $123,000 after purchasing an additional 730 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Transcontinental Realty Investors in the fourth quarter worth $82,000.

Transcontinental Realty Investors Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Transcontinental Realty Investors (NYSE:TCI)

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