Analysts at StockNews.com initiated coverage on shares of Transcontinental Realty Investors ( NYSE:TCI – Get Free Report ) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the real estate investment trust’s stock.
Transcontinental Realty Investors Trading Down 0.8 % TCI stock opened at $27.57 on Wednesday.
Transcontinental Realty Investors has a 1-year low of $26.29 and a 1-year high of $43.40.
The business’s 50 day moving average is $28.08 and its 200-day moving average is $28.73.
Institutional Investors Weigh In On Transcontinental Realty Investors A number of large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its position in Transcontinental Realty Investors by 1,073.0% in the 3rd quarter.
BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust’s stock valued at $87,000 after buying an additional 2,779 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of Transcontinental Realty Investors in the 2nd quarter valued at $219,000. Finally, Russell Investments Group Ltd.
lifted its stake in shares of Transcontinental Realty Investors by 340.2% in the 1st quarter. Russell Investments Group Ltd.
now owns 90,821 shares of the real estate investment trust’s stock valued at $3,419,000 after purchasing an additional 70,189 shares during the period. About Transcontinental Realty Investors 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. Read More Receive News & Ratings for Transcontinental Realty Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental Realty Investors and related companies with MarketBeat.
com's FREE daily email newsletter ..
Business
StockNews.com Initiates Coverage on Transcontinental Realty Investors (NYSE:TCI)
Analysts at StockNews.com initiated coverage on shares of Transcontinental Realty Investors (NYSE:TCI – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the real estate investment trust’s stock. Transcontinental Realty Investors Trading Down 0.8 % TCI stock opened at $27.57 on Wednesday. Transcontinental Realty Investors has [...]