Transcontinental Realty Investors (NYSE:TCI) Shares Cross Above Two Hundred Day Moving Average of $34.25

Transcontinental Realty Investors, Inc. (NYSE:TCI) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $34.25 and traded as high as $37.80. Transcontinental Realty Investors shares last traded at $37.19, with a volume of 2,176 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Transcontinental Realty Investors from a “hold” rating to a “sell” rating in a report on Monday, March 18th.

Transcontinental Realty Investors Trading Up 1.0 %

The stock’s 50-day simple moving average is $38.93 and its 200 day simple moving average is $34.30.

Institutional Trading of Transcontinental Realty Investors

A number of institutional investors have recently bought and sold shares of TCI. JPMorgan Chase & Co. boosted its position in shares of Transcontinental Realty Investors by 1,822.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 673 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 638 shares in the last quarter. Northern Trust Corp bought a new position in shares of Transcontinental Realty Investors during the 2nd quarter worth about $485,000. Millennium Management LLC boosted its position in shares of Transcontinental Realty Investors by 29.7% during the 2nd quarter. Millennium Management LLC now owns 32,073 shares of the real estate investment trust’s stock worth $1,276,000 after purchasing an additional 7,336 shares in the last quarter. State Street Corp bought a new position in Transcontinental Realty Investors in the 2nd quarter valued at about $384,000. Finally, Tower Research Capital LLC TRC lifted its position in Transcontinental Realty Investors by 104.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 756 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 386 shares in the last quarter.

Transcontinental Realty Investors Company Profile

Transcontinental Realty Investors, Inc, a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.