Barclays PLC Purchases 1,176 Shares of Transcontinental Realty Investors, Inc. (NYSE:TCI)

Barclays PLC lifted its position in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) by 261.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,625 shares of the real estate investment trust’s stock after purchasing an additional 1,176 shares during the quarter. Barclays PLC’s holdings in Transcontinental Realty Investors were worth $47,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TCW Group Inc. boosted its holdings in shares of Transcontinental Realty Investors by 0.6% during 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 in the last quarter. Renaissance Technologies LLC purchased a new position in Transcontinental Realty Investors during the 2nd quarter valued at about $219,000. Finally, BNP Paribas Financial Markets boosted its stake 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 in the last quarter.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Transcontinental Realty Investors in a research note on Friday. They set a “sell” rating for the company.

Transcontinental Realty Investors Stock Down 0.3 %

TCI stock opened at $28.76 on Friday. The business has a 50 day moving average of $28.68 and a 200 day moving average of $28.79. The firm has a market cap of $248.41 million, a PE ratio of 77.72 and a beta of 0.55. Transcontinental Realty Investors, Inc. has a twelve month low of $26.29 and a twelve month high of $43.40.

Transcontinental Realty Investors (NYSE:TCI) last issued its quarterly earnings results on Thursday, November 7th. The real estate investment trust reported $0.20 earnings per share for the quarter. The firm had revenue of $11.61 million during the quarter. Transcontinental Realty Investors had a return on equity of 0.38% and a net margin of 6.55%.

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.