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

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

Transcontinental Realty Investors Stock Down 0.6 %

Shares of NYSE:TCI opened at $28.16 on Friday. The business has a 50-day moving average of $28.17 and a two-hundred day moving average of $28.75. Transcontinental Realty Investors has a fifty-two week low of $26.29 and a fifty-two week high of $43.40.

Hedge Funds Weigh In On Transcontinental Realty Investors

A number of institutional investors have recently modified their holdings of the company. TCW Group Inc. grew its stake in Transcontinental Realty Investors by 0.6% in the 3rd quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust’s stock valued at $1,968,000 after buying an additional 382 shares during the last quarter. Barclays PLC grew its position in shares of Transcontinental Realty Investors by 261.9% in the third quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 1,176 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Transcontinental Realty Investors by 1,073.0% in the third quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust’s stock worth $87,000 after purchasing an additional 2,779 shares during the period. Finally, Renaissance Technologies LLC bought a new position in shares of Transcontinental Realty Investors in the second quarter worth about $219,000.

About Transcontinental Realty Investors

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.