JPMorgan Chase & Co. Has $67,000 Stock Position in Transcontinental Realty Investors, Inc. (NYSE:TCI)

JPMorgan Chase & Co. raised its holdings in Transcontinental Realty Investors, Inc. (NYSE:TCI) by 182.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,329 shares of the real estate investment trust’s stock after acquiring an additional 1,505 shares during the period. JPMorgan Chase & Co.’s holdings in Transcontinental Realty Investors were worth $67,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Renaissance Technologies LLC purchased a new stake in shares of Transcontinental Realty Investors during the second quarter worth $219,000. BNP Paribas Financial Markets lifted its holdings in 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 purchasing an additional 2,779 shares in the last quarter. Barclays PLC lifted its stake in Transcontinental Realty Investors by 261.9% in the third quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 1,176 shares during the last quarter. Finally, TCW Group Inc. lifted its stake in 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 acquiring an additional 382 shares during the last quarter.

Transcontinental Realty Investors Stock Performance

TCI opened at $26.61 on Tuesday. The stock has a market capitalization of $229.87 million, a PE ratio of 71.91 and a beta of 0.52. The company’s 50 day simple moving average is $28.59 and its 200 day simple moving average is $28.68. Transcontinental Realty Investors, Inc. has a 1 year low of $25.50 and a 1 year high of $41.34.

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

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Transcontinental Realty Investors in a research note on Saturday. They issued a “sell” rating on the stock.

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.