Transcontinental Realty Investors (NYSE:TCI) Now Covered by StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Transcontinental Realty Investors (NYSE:TCI) in a research note issued on Saturday. The firm set a “sell” rating on the real estate investment trust’s stock.

Transcontinental Realty Investors Trading Up 2.1 %

NYSE:TCI opened at $28.12 on Friday. Transcontinental Realty Investors has a 1-year low of $26.91 and a 1-year high of $43.40. The stock has a fifty day simple moving average of $28.81 and a 200 day simple moving average of $29.79.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Transcontinental Realty Investors stock. Renaissance Technologies LLC acquired a new position in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,900 shares of the real estate investment trust’s stock, valued at approximately $219,000. Renaissance Technologies LLC owned approximately 0.09% of Transcontinental Realty Investors at the end of the most recent quarter.

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.