Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Purchases $30,413.00 in Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental acquired 1,700 shares of Transcontinental Realty Investors stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of $17.89 per share, with a total value of $30,413.00. Following the transaction, the insider owned 3,449,104 shares in the company, valued at $61,704,470.56. This represents a 0.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 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 Thursday, May 21st, Realty Invest Transcontinental acquired 2,002 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.95 per share, with a total value of $35,935.90.
• On Wednesday, May 20th, Realty Invest Transcontinental acquired 351 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.77 per share, with a total value of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental acquired 2 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.75 per share, with a total value of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental acquired 1,520 shares of Transcontinental Realty Investors stock. The shares were bought at an average cost of $17.86 per share, with a total value of $27,147.20.
• On Tuesday, May 5th, Realty Invest Transcontinental bought 3,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.94 per share, with a total value of $53,820.00.
• On Monday, March 30th, Realty Invest Transcontinental bought 2 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.75 per share, with a total value of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental bought 40 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.75 per share, with a total value of $710.00.

Transcontinental Realty Investors Trading Down 2.1%

Transcontinental Realty Investors stock opened at $36.80 on Friday. The firm has a market cap of $317.95 million, a price-to-earnings ratio of 33.76 and a beta of 0.54. Transcontinental Realty Investors, Inc. has a 12 month low of $31.48 and a 12 month high of $59.65. The stock has a fifty day simple moving average of $37.03 and a two-hundred day simple moving average of $44.16.

Transcontinental Realty Investors (NYSE:TCI) last released its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter. The firm 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%.

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 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 firms recently weighed in on TCI. Weiss Ratings downgraded Transcontinental Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 11th. Wall Street Zen raised Transcontinental Realty Investors to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in shares of 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 buying an additional 730 shares during the period. Geode Capital Management LLC grew its stake in Transcontinental Realty Investors by 33.1% in the second 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 in the last quarter. Russell Investments Group Ltd. grew its stake in Transcontinental Realty Investors by 9.6% in the fourth quarter. Russell Investments Group Ltd. now owns 14,292 shares of the real estate investment trust’s stock worth $838,000 after purchasing an additional 1,254 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Transcontinental Realty Investors during the fourth quarter worth $270,000. Finally, Citadel Advisors LLC purchased a new stake in Transcontinental Realty Investors during the third quarter worth $228,000.

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.