Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Buys $35,000.00 in Stock

by · The Markets Daily

Transcontinental Realty Investors, Inc. (NYSE:TCI – Get Free Report) major shareholder Realty Invest Transcontinental bought 2,000 shares of the stock in a transaction dated Monday, June 8th. The stock was bought at an average price of $17.50 per share, with a total value of $35,000.00. Following the acquisition, the insider owned 3,453,735 shares in the company, valued at approximately $60,440,362.50. This represents a 0.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more 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 bought at an average cost of $17.88 per share, for a total transaction of $23,244.00.
  • On Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost of $17.75 per share, with a total value of $26,625.00.
  • On Thursday, June 18th, Realty Invest Transcontinental purchased 352 shares of Transcontinental Realty Investors stock. The stock was 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 acquired 1,653 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.76 per share, with a total value of $29,357.28.
  • On Monday, June 15th, Realty Invest Transcontinental acquired 1,517 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.81 per share, for a total transaction of $27,017.77.
  • On Friday, June 12th, Realty Invest Transcontinental bought 91 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.50 per share, for a total transaction of $1,592.50.
  • On Thursday, June 11th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.80 per share, for a total transaction of $17,800.00.
  • On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.74 per share, with a total value of $17,740.00.
  • 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 purchased 157 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.77 per share, for a total transaction of $2,789.89.

Transcontinental Realty Investors Trading Up 0.9%

Shares of NYSE TCI opened at $45.89 on Thursday. Transcontinental Realty Investors, Inc. has a twelve month low of $31.48 and a twelve month high of $59.65. The stock has a 50 day moving average of $39.33 and a two-hundred day moving average of $43.34. The stock has a market cap of $396.49 million, a P/E ratio of 42.10 and a beta of 0.49.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. lifted its holdings in shares of Transcontinental Realty Investors by 1,664.3% during the third quarter. Russell Investments Group Ltd. now owns 13,038 shares of the real estate investment trust’s stock worth $601,000 after purchasing an additional 12,299 shares during the period. Geode Capital Management LLC increased its stake in Transcontinental Realty Investors by 33.1% in the 2nd quarter. Geode Capital Management LLC now owns 35,728 shares of the real estate investment trust’s stock valued at $1,523,000 after buying an additional 8,883 shares during the period. Citadel Advisors LLC purchased a new position in Transcontinental Realty Investors during the 3rd quarter worth $228,000. Goldman Sachs Group Inc. purchased a new position in Transcontinental Realty Investors during the 4th quarter worth $270,000. Finally, RBF Capital LLC acquired a new stake in shares of Transcontinental Realty Investors in the 4th quarter worth $214,000.

Analyst Ratings Changes

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

Get Our Latest Stock Report on TCI

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.

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