Transcontinental Realty Investors (NYSE:TCI) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Transcontinental Realty Investors (NYSE:TCI) in a report issued on Sunday morning. The firm issued a sell rating on the real estate investment trust’s stock.

Transcontinental Realty Investors Stock Down 1.2 %

Shares of Transcontinental Realty Investors stock opened at $27.76 on Friday. The company has a market cap of $239.85 million, a PE ratio of 47.86 and a beta of 0.59. Transcontinental Realty Investors has a 52 week low of $26.91 and a 52 week high of $43.40. The business has a 50 day moving average price of $28.67 and a 200-day moving average price of $29.26.

Hedge Funds Weigh In On Transcontinental Realty Investors

An institutional investor recently raised its position in Transcontinental Realty Investors stock. Russell Investments Group Ltd. lifted its position in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) by 340.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,821 shares of the real estate investment trust’s stock after purchasing an additional 70,189 shares during the period. Russell Investments Group Ltd.’s holdings in Transcontinental Realty Investors were worth $3,419,000 at the end of the most recent quarter.

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.