Transcontinental Realty Investors Inc (NYSE:TCI) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $24.25. Transcontinental Realty Investors shares last traded at $24.25, with a volume of 276 shares trading hands.
Separately, TheStreet raised Transcontinental Realty Investors from a “d+” rating to a “c+” rating in a research note on Tuesday, April 16th.
The firm’s 50 day moving average price is $25.77. The company has a market capitalization of $207.05 million, a PE ratio of 9.69 and a beta of 0.32. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.81 and a quick ratio of 0.81.
In related news, President Daniel J. Moos acquired 35,000 shares of Transcontinental Realty Investors stock in a transaction dated Wednesday, May 22nd. The shares were purchased at an average cost of $28.57 per share, with a total value of $999,950.00. Following the completion of the purchase, the president now owns 330,000 shares of the company’s stock, valued at $9,428,100. The transaction was disclosed in a document filed with the SEC, which is available through this link. 87.92% of the stock is currently owned by company insiders.
An institutional investor recently raised its position in Transcontinental Realty Investors stock. BlackRock Inc. increased its holdings in Transcontinental Realty Investors Inc (NYSE:TCI) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,062 shares of the real estate investment trust’s stock after purchasing an additional 2,377 shares during the quarter. BlackRock Inc. owned approximately 0.91% of Transcontinental Realty Investors worth $2,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 2.54% of the company’s stock.
Transcontinental Realty Investors Company Profile (NYSE:TCI)
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 apartments, office buildings, 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.
Further Reading: Return On Assets
Receive News & Ratings for Transcontinental Realty Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental Realty Investors and related companies with MarketBeat.com's FREE daily email newsletter.