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

StockNews.com started coverage on shares of Transcontinental Realty Investors (NYSE:TCI) in a report released on Friday. The brokerage issued a sell rating on the real estate investment trust’s stock.

Transcontinental Realty Investors Stock Performance

TCI stock opened at $28.20 on Friday. The company has a fifty day moving average of $28.06 and a 200-day moving average of $28.70. Transcontinental Realty Investors has a one year low of $26.29 and a one year high of $43.40.

Institutional Investors Weigh In On Transcontinental Realty Investors

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC lifted its holdings in shares of Transcontinental Realty Investors by 261.9% in the 3rd quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 1,176 shares during the period. BNP Paribas Financial Markets grew its holdings in Transcontinental Realty Investors by 1,073.0% during the third quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust’s stock worth $87,000 after acquiring an additional 2,779 shares during the period. Renaissance Technologies LLC purchased a new position in Transcontinental Realty Investors in the second quarter worth $219,000. Finally, TCW Group Inc. lifted its holdings in Transcontinental Realty Investors by 0.6% in the third quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust’s stock valued at $1,968,000 after acquiring an additional 382 shares during the period.

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.