Transcontinental Realty Investors, Inc. (NYSE:TCI – Get Free Report) major shareholder Realty Invest Transcontinental purchased 1,500 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were acquired at an average price of $17.75 per share, with a total value of $26,625.00. Following the completion of the acquisition, the insider owned 3,460,847 shares in the company, valued at approximately $61,430,034.25. This trade represents a 0.04% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Realty Invest Transcontinental also recently made the following trade(s):
- On Tuesday, June 23rd, Realty Invest Transcontinental bought 1,300 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.88 per share, for a total transaction of $23,244.00.
- On Thursday, June 18th, Realty Invest Transcontinental acquired 352 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.85 per share, with a total value of $6,283.20.
- On Tuesday, June 16th, Realty Invest Transcontinental bought 1,653 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.76 per share, with a total value of $29,357.28.
- On Monday, June 15th, Realty Invest Transcontinental purchased 1,517 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.81 per share, with a total value of $27,017.77.
- On Friday, June 12th, Realty Invest Transcontinental purchased 91 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.50 per share, with a total value of $1,592.50.
- On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.80 per share, with a total value of $17,800.00.
- On Tuesday, June 9th, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.74 per share, with a total value of $17,740.00.
- On Monday, June 8th, Realty Invest Transcontinental acquired 2,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.50 per share, for a total transaction of $35,000.00.
- On Friday, June 5th, Realty Invest Transcontinental purchased 2,474 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.83 per share, for a total transaction of $44,111.42.
- On Thursday, June 4th, Realty Invest Transcontinental bought 157 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.77 per share, with a total value of $2,789.89.
Transcontinental Realty Investors Stock Performance
Shares of NYSE:TCI traded down $1.96 during trading on Monday, reaching $46.51. 10,409 shares of the stock traded hands, compared to its average volume of 5,344. The stock has a market cap of $401.85 million, a P/E ratio of 42.67 and a beta of 0.49. The stock has a 50-day moving average of $38.71 and a two-hundred day moving average of $43.56. Transcontinental Realty Investors, Inc. has a 52-week low of $31.48 and a 52-week high of $59.65.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of TCI. Russell Investments Group Ltd. raised its stake in Transcontinental Realty Investors by 85.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 341 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Transcontinental Realty Investors during the fourth quarter worth $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Transcontinental Realty Investors by 43.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 315 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Transcontinental Realty Investors by 47.9% in the second quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 424 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Transcontinental Realty Investors during the second quarter worth about $68,000.
Analyst Upgrades and Downgrades
TCI has been the subject of a number of analyst reports. Weiss Ratings upgraded Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, June 12th. Wall Street Zen upgraded shares of Transcontinental Realty Investors to a “sell” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Transcontinental Realty Investors presently has an average rating of “Sell”.
Get Our Latest Stock Analysis on TCI
Trending Headlines about Transcontinental Realty Investors
Here are the key news stories impacting Transcontinental Realty Investors this week:
- Positive Sentiment: Major shareholder Realty Invest Transcontinental has made multiple recent open-market purchases of TCI shares, suggesting insider confidence in the company’s outlook and valuation.
- Neutral Sentiment: The insider buying was disclosed in SEC filings and was relatively small as a percentage of total ownership, so it may support sentiment but is not a major fundamental catalyst.
- Neutral Sentiment: TCI’s last reported quarterly results showed modest profitability, with $0.02 EPS and $12.34 million in revenue, providing limited near-term earnings momentum.
Transcontinental Realty Investors Company Profile
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.
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