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

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

Transcontinental Realty Investors Stock Performance

TCI stock opened at $27.69 on Friday. The company has a market capitalization of $239.24 million, a P/E ratio of 47.74 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 company has a fifty day moving average price of $28.65 and a 200-day moving average price of $29.25.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Transcontinental Realty Investors stock. Russell Investments Group Ltd. boosted its holdings in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) by 340.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,821 shares of the real estate investment trust’s stock after buying an additional 70,189 shares during the period. Russell Investments Group Ltd.’s holdings in Transcontinental Realty Investors were worth $3,419,000 as of its most recent SEC filing.

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.