StockNews.com assumed coverage on shares of Transcontinental Realty Investors (NYSE:TCI – Get Free Report) in a research note issued to investors on Thursday. The brokerage set a “sell” rating on the real estate investment trust’s stock.
Transcontinental Realty Investors Trading Down 0.9 %
Shares of TCI stock opened at $28.22 on Thursday. Transcontinental Realty Investors has a 1-year low of $27.04 and a 1-year high of $43.40. The stock’s fifty day simple moving average is $29.40 and its 200-day simple moving average is $30.60.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Transcontinental Realty Investors stock. Russell Investments Group Ltd. increased its holdings in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI – Free Report) by 340.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission.
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.
Featured Articles
- Five stocks we like better than Transcontinental Realty Investors
- Breakout Stocks: What They Are and How to Identify Them
- Should You Invest in Treasury Bills?
- How Investors Can Find the Best Cheap Dividend Stocks
- Analysts Think There’s Still Time to Get in on Edgewise, Up 332%
- Bank Stocks – Best Bank Stocks to Invest In
- 3 Stocks Raising Dividends 4X Higher Than Inflation
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.