Transcontinental Realty Investors (NYSE:TCI) Stock Passes Above 200 Day Moving Average – Should You Sell?

Transcontinental Realty Investors, Inc. (NYSE:TCI)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $42.55 and traded as high as $44.30. Transcontinental Realty Investors shares last traded at $42.33, with a volume of 6,645 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have recently commented on TCI shares. Wall Street Zen upgraded shares of Transcontinental Realty Investors to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings upgraded 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 MarketBeat.com, Transcontinental Realty Investors currently has an average rating of “Sell”.

Transcontinental Realty Investors Price Performance

The company has a fifty day simple moving average of $40.88 and a two-hundred day simple moving average of $42.55. The company has a market capitalization of $365.73 million, a P/E ratio of 38.83 and a beta of 0.49.

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

Insider Transactions at Transcontinental Realty Investors

In related news, major shareholder Realty Invest Transcontinental purchased 1,500 shares of the stock in a transaction on Monday, June 22nd. The shares were bought at an average price of $17.75 per share, for a total transaction of $26,625.00. Following the completion of the acquisition, the insider directly owned 3,460,847 shares in the company, valued at approximately $61,430,034.25. This trade represents a 0.04% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 21,619 shares of company stock worth $385,150 over the last three months. 86.20% of the stock is owned by corporate insiders.

Institutional Trading of Transcontinental Realty Investors

A number of institutional investors and hedge funds have recently modified their holdings of TCI. Empowered Funds LLC acquired a new position in Transcontinental Realty Investors in the 4th quarter valued at $82,000. Russell Investments Group Ltd. lifted its position in Transcontinental Realty Investors by 9.6% during the 4th quarter. Russell Investments Group Ltd. now owns 14,292 shares of the real estate investment trust’s stock worth $838,000 after acquiring an additional 1,254 shares during the last quarter. RBF Capital LLC acquired a new position in Transcontinental Realty Investors during the 4th quarter worth $214,000. Barclays PLC boosted its holdings in Transcontinental Realty Investors by 10.5% during the fourth quarter. Barclays PLC now owns 2,960 shares of the real estate investment trust’s stock valued at $174,000 after acquiring an additional 282 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Transcontinental Realty Investors in the fourth quarter valued at about $33,000.

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.