Realty Invest Transcontinental Acquires 1,000 Shares of Transcontinental Realty Investors (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average price of $17.80 per share, for a total transaction of $17,800.00. Following the completion of the purchase, the insider directly owned 3,455,735 shares in the company, valued at $61,512,083. This represents a 0.03% increase in their position. The purchase was disclosed in a legal 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 Tuesday, June 23rd, Realty Invest Transcontinental acquired 1,300 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.88 per share, with a total value of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental acquired 1,500 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental bought 352 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.85 per share, for a total transaction of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental purchased 1,653 shares of Transcontinental Realty Investors stock. The stock was bought 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 stock was bought at an average price of $17.81 per share, with a total value of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental acquired 91 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.50 per share, for a total transaction of $1,592.50.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 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 purchased 2,000 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.50 per share, for a total transaction of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental acquired 2,474 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.83 per share, with a total value of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental acquired 157 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.77 per share, with a total value of $2,789.89.

Transcontinental Realty Investors Stock Performance

Transcontinental Realty Investors stock traded down $1.96 during midday trading on Monday, reaching $46.51. 10,409 shares of the stock were exchanged, compared to its average volume of 5,344. Transcontinental Realty Investors, Inc. has a 52 week low of $31.48 and a 52 week high of $59.65. The firm has a market cap of $401.85 million, a PE ratio of 42.67 and a beta of 0.49. The company’s fifty day moving average is $38.71 and its 200-day moving average is $43.56.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on TCI shares. Weiss Ratings upgraded Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. Wall Street Zen upgraded shares of Transcontinental Realty Investors to a “sell” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On Transcontinental Realty Investors

Several hedge funds have recently added to or reduced their stakes in TCI. Citadel Advisors LLC bought a new position in shares of Transcontinental Realty Investors during the 3rd quarter valued at about $228,000. RBF Capital LLC bought a new stake in Transcontinental Realty Investors in the 4th quarter worth approximately $214,000. Barclays PLC lifted its position in Transcontinental Realty Investors by 10.5% in the 4th quarter. Barclays PLC now owns 2,960 shares of the real estate investment trust’s stock worth $174,000 after buying an additional 282 shares during the last quarter. Wells Fargo & Company MN boosted its stake in 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 buying an additional 461 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Transcontinental Realty Investors by 37.6% during the third quarter. JPMorgan Chase & Co. now owns 2,669 shares of the real estate investment trust’s stock valued at $123,000 after acquiring an additional 730 shares during the last quarter.

More Transcontinental Realty Investors News

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.