Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Realty Invest Transcontinental Acquires 1,500 Shares

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental bought 1,500 shares of Transcontinental Realty Investors stock in a transaction on Monday, June 22nd. The stock was acquired at an average price of $17.75 per share, for a total transaction of $26,625.00. Following the transaction, the insider directly owned 3,460,847 shares of the company’s stock, valued at approximately $61,430,034.25. This trade represents a 0.04% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares 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 bought 1,300 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.88 per share, for a total transaction of $23,244.00.
• On Thursday, June 18th, Realty Invest Transcontinental bought 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 acquired at an average price of $17.76 per share, for a total transaction of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental acquired 1,517 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price 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 acquired at an average cost of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The stock was bought at an average price 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 purchased at an average cost of $17.74 per share, for a total transaction of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental acquired 2,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost 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 bought 157 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.77 per share, with a total value of $2,789.89.

Transcontinental Realty Investors Trading Down 4.0%

Shares of TCI traded down $1.96 during mid-day trading on Monday, reaching $46.51. The company had a trading volume of 10,409 shares, compared to its average volume of 5,344. The stock has a market cap of $401.85 million, a price-to-earnings ratio of 42.67 and a beta of 0.49. The firm has a fifty day simple moving average of $38.71 and a 200-day simple moving average of $43.56. Transcontinental Realty Investors, Inc. has a fifty-two week low of $31.48 and a fifty-two week high of $59.65.

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

Key Headlines Impacting 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.

Hedge Funds Weigh In On Transcontinental Realty Investors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. lifted its stake in Transcontinental Realty Investors by 85.7% in the second quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 341 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Transcontinental Realty Investors during the 4th quarter worth $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Transcontinental Realty Investors by 43.9% during the 2nd 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 purchasing an additional 315 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Transcontinental Realty Investors by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 424 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Transcontinental Realty Investors in the 2nd quarter valued at $68,000.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. 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. 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 MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.