Transcontinental Realty Investors (NYSE:TCI) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Transcontinental Realty Investors, Inc. (NYSE:TCI) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.08 and traded as high as $51.18. Transcontinental Realty Investors shares last traded at $50.2150, with a volume of 743 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Transcontinental Realty Investors in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Transcontinental Realty Investors Price Performance

The firm has a market capitalization of $433.86 million, a P/E ratio of 78.46 and a beta of 0.45. The company’s 50 day moving average price is $51.44 and its 200 day moving average price is $47.08.

Transcontinental Realty Investors (NYSE:TCI) last posted its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $12.84 million for the quarter. Transcontinental Realty Investors had a return on equity of 0.30% and a net margin of 11.52%.

Institutional Trading of Transcontinental Realty Investors

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its position in Transcontinental Realty Investors by 85.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 341 shares during the period. MAI Capital Management bought a new stake in shares of Transcontinental Realty Investors during the third quarter worth approximately $42,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Transcontinental Realty Investors by 43.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 315 shares during the period. Bank of America Corp DE boosted its stake in Transcontinental Realty Investors by 47.9% in the second quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 424 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Transcontinental Realty Investors in the second quarter valued at approximately $68,000.

About Transcontinental Realty Investors

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open‐air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long‐term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.