Transcontinental Realty Investors (NYSE:TCI) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Transcontinental Realty Investors (NYSE:TCI) in a research report issued to clients and investors on Wednesday. The brokerage set a “sell” rating on the real estate investment trust’s stock.

Transcontinental Realty Investors Stock Performance

Shares of NYSE TCI opened at $27.98 on Wednesday. The company has a fifty day moving average price of $28.12 and a 200 day moving average price of $28.75. Transcontinental Realty Investors has a 1-year low of $26.29 and a 1-year high of $43.40. The firm has a market cap of $241.75 million, a PE ratio of 75.62 and a beta of 0.60.

Institutional Trading of Transcontinental Realty Investors

A hedge fund recently raised its stake in Transcontinental Realty Investors stock. Russell Investments Group Ltd. grew its holdings in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) by 340.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,821 shares of the real estate investment trust’s stock after buying an additional 70,189 shares during the quarter. Russell Investments Group Ltd.’s holdings in Transcontinental Realty Investors were worth $3,419,000 at the end of the most recent reporting period.

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.