Transcontinental Realty Investors (NYSE:TCI) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Transcontinental Realty Investors, Inc. (NYSE:TCI)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $48.04 and traded as high as $54.56. Transcontinental Realty Investors shares last traded at $54.4240, with a volume of 942 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Transcontinental Realty Investors in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Transcontinental Realty Investors presently has a consensus rating of “Hold”.

Transcontinental Realty Investors Stock Performance

The firm has a market cap of $474.80 million, a P/E ratio of 85.88 and a beta of 0.42. The firm has a 50 day simple moving average of $53.84 and a 200 day simple moving average of $48.13.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Transcontinental Realty Investors by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 36,478 shares of the real estate investment trust’s stock valued at $2,139,000 after purchasing an additional 619 shares in the last quarter. State Street Corp grew its position in Transcontinental Realty Investors by 1.6% during the fourth quarter. State Street Corp now owns 22,703 shares of the real estate investment trust’s stock worth $1,331,000 after buying an additional 352 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Transcontinental Realty Investors by 1,664.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 13,038 shares of the real estate investment trust’s stock valued at $601,000 after acquiring an additional 12,299 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Transcontinental Realty Investors in the 3rd quarter valued at about $228,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Transcontinental Realty Investors during the 4th quarter valued at about $270,000.

Transcontinental Realty Investors Company Profile

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.