Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Purchases 1,300 Shares of Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental bought 1,300 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were bought at an average price of $17.88 per share, for a total transaction of $23,244.00. Following the completion of the transaction, the insider directly owned 3,462,147 shares in the company, valued at approximately $61,903,188.36. This represents a 0.04% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more 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 Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental acquired 352 shares of Transcontinental Realty Investors stock. The stock was bought at an average price 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 bought 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 bought 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 stock was bought at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The stock was bought at an average cost 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, with a total value 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 cost 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 stock was purchased at an average price of $17.77 per share, for a total transaction of $2,789.89.

Transcontinental Realty Investors Stock Up 0.3%

NYSE TCI traded up $0.16 during mid-day trading on Tuesday, hitting $46.51. The stock had a trading volume of 10,409 shares, compared to its average volume of 7,650. Transcontinental Realty Investors, Inc. has a 52-week low of $31.48 and a 52-week high of $59.65. The company has a market cap of $401.85 million, a price-to-earnings ratio of 42.67 and a beta of 0.49. The company has a 50 day simple moving average of $38.93 and a 200 day simple moving average of $43.48.

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 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%.

Analyst Ratings Changes

Several equities research analysts recently commented on TCI shares. Weiss Ratings upgraded shares of Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. Wall Street Zen raised shares of Transcontinental Realty Investors to a “sell” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Transcontinental Realty Investors News Summary

Here are the key news stories impacting Transcontinental Realty Investors this week:

• Positive Sentiment: Realty Invest Transcontinental has repeatedly added to its TCI stake in recent weeks, including multiple purchases on June 4, 5, 8, 9, 11, 12, 15, 16, 18, 22, and 23. Repeated insider buying often signals confidence in the company’s outlook and can support the stock. SEC filing
• Neutral Sentiment: The purchases were relatively small as a percentage of the insider’s already large holdings, so the move is more of a confidence signal than a major change in ownership structure. SEC filing
• Neutral Sentiment: The filing notes the shares were bought around $17.50-$17.88 per share, which may suggest the insider viewed recent trading levels as attractive. SEC filing

Hedge Funds Weigh In On Transcontinental Realty Investors

A number of hedge funds have recently modified their holdings of TCI. Russell Investments Group Ltd. raised 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 acquiring an additional 12,299 shares in the last quarter. 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 valued at $1,523,000 after purchasing an additional 8,883 shares in the last quarter. Citadel Advisors LLC acquired a new position in Transcontinental Realty Investors in the 3rd quarter worth about $228,000. Goldman Sachs Group Inc. purchased a new stake in shares of Transcontinental Realty Investors during the 4th quarter worth about $270,000. Finally, RBF Capital LLC acquired a new stake in shares of Transcontinental Realty Investors during the 4th quarter valued at about $214,000.

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.