Barclays PLC Buys 1,176 Shares of Transcontinental Realty Investors, Inc. (NYSE:TCI)

Barclays PLC grew its position in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) by 261.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,625 shares of the real estate investment trust’s stock after purchasing an additional 1,176 shares during the period. Barclays PLC’s holdings in Transcontinental Realty Investors were worth $47,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC purchased a new position in Transcontinental Realty Investors in the 2nd quarter worth $219,000. BNP Paribas Financial Markets grew its stake in shares of Transcontinental Realty Investors by 1,073.0% during the third 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. Finally, TCW Group Inc. increased its holdings in shares of Transcontinental Realty Investors by 0.6% in the third quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust’s stock worth $1,968,000 after buying an additional 382 shares during the period.

Analysts Set New Price Targets

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

Transcontinental Realty Investors Stock Down 0.3 %

Shares of NYSE TCI opened at $28.76 on Friday. The firm’s fifty day moving average is $28.68 and its 200 day moving average is $28.79. Transcontinental Realty Investors, Inc. has a 52 week low of $26.29 and a 52 week high of $43.40. The company has a market cap of $248.41 million, a price-to-earnings ratio of 77.72 and a beta of 0.55.

Transcontinental Realty Investors (NYSE:TCI) last released its quarterly earnings data on Thursday, November 7th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $11.61 million for the quarter. Transcontinental Realty Investors had a net margin of 6.55% and a return on equity of 0.38%.

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.