Transcontinental Realty Investors (NYSE:TCI) Raised to “Sell” at Wall Street Zen

Transcontinental Realty Investors (NYSE:TCI) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings lowered Transcontinental Realty Investors from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Transcontinental Realty Investors Stock Performance

NYSE TCI opened at $36.65 on Friday. The stock has a market capitalization of $316.66 million, a price-to-earnings ratio of 33.62 and a beta of 0.50. The stock’s 50 day moving average price is $36.75 and its two-hundred day moving average price is $45.31. Transcontinental Realty Investors has a 52 week low of $31.48 and a 52 week high of $59.65.

Transcontinental Realty Investors (NYSE:TCI) last released its earnings results on Thursday, May 7th. The real estate investment trust reported $0.02 EPS for the quarter. The firm had revenue of $12.34 million for the quarter. Transcontinental Realty Investors had a negative return on equity of 0.02% and a net margin of 18.94%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC acquired a new position in shares of Transcontinental Realty Investors during the 4th quarter worth approximately $82,000. Russell Investments Group Ltd. increased its holdings in shares of Transcontinental Realty Investors by 9.6% during the 4th quarter. Russell Investments Group Ltd. now owns 14,292 shares of the real estate investment trust’s stock worth $838,000 after acquiring an additional 1,254 shares during the last quarter. RBF Capital LLC acquired a new position in shares of Transcontinental Realty Investors during the 4th quarter worth approximately $214,000. Barclays PLC increased its holdings in shares of Transcontinental Realty Investors by 10.5% during the 4th quarter. Barclays PLC now owns 2,960 shares of the real estate investment trust’s stock worth $174,000 after acquiring an additional 282 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Transcontinental Realty Investors during the 4th quarter worth approximately $33,000.

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.