Renaissance Technologies LLC Takes $219,000 Position in Transcontinental Realty Investors, Inc. (NYSE:TCI)

Renaissance Technologies LLC purchased a new position in Transcontinental Realty Investors, Inc. (NYSE:TCI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,900 shares of the real estate investment trust’s stock, valued at approximately $219,000. Renaissance Technologies LLC owned 0.09% of Transcontinental Realty Investors at the end of the most recent quarter.

Separately, Russell Investments Group Ltd. lifted its holdings in Transcontinental Realty Investors by 340.2% during the 1st quarter. Russell Investments Group Ltd. now owns 90,821 shares of the real estate investment trust’s stock worth $3,419,000 after purchasing an additional 70,189 shares in the last quarter.

Transcontinental Realty Investors Stock Up 2.1 %

Shares of NYSE:TCI opened at $28.12 on Friday. Transcontinental Realty Investors, Inc. has a 52 week low of $26.91 and a 52 week high of $43.40. The company’s fifty day moving average is $28.81 and its 200 day moving average is $29.73. The stock has a market cap of $242.96 million, a PE ratio of 48.48 and a beta of 0.59.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Transcontinental Realty Investors in a research report on Saturday. They set a “sell” rating for the company.

Transcontinental Realty Investors 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.