Transcontinental Realty Investors, Inc. (NYSE:TCI) Stock Position Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its stake in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) by 1,073.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,038 shares of the real estate investment trust’s stock after buying an additional 2,779 shares during the period. BNP Paribas Financial Markets’ holdings in Transcontinental Realty Investors were worth $87,000 as of its most recent SEC filing.

Separately, Renaissance Technologies LLC bought a new position in shares of Transcontinental Realty Investors in the second quarter valued at approximately $219,000.

Transcontinental Realty Investors Stock Performance

TCI opened at $29.11 on Thursday. The company has a market capitalization of $251.51 million, a PE ratio of 78.68 and a beta of 0.58. The stock’s fifty day moving average is $28.22 and its 200-day moving average is $28.76. Transcontinental Realty Investors, Inc. has a one year low of $26.29 and a one year high of $43.40.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Transcontinental Realty Investors in a report on Sunday. They set a “sell” rating on the stock.

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.