Transcontinental Realty Investors (NYSE:TCI) Coverage Initiated by Analysts at StockNews.com

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

Transcontinental Realty Investors Stock Down 0.2 %

TCI opened at $27.68 on Monday. 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 $28.47 and a two-hundred day moving average price of $28.99. The company has a market cap of $239.16 million, a PE ratio of 40.12 and a beta of 0.59.

Hedge Funds Weigh In On Transcontinental Realty Investors

A hedge fund recently bought a new stake in Transcontinental Realty Investors stock. Renaissance Technologies LLC bought a new position in shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 7,900 shares of the real estate investment trust’s stock, valued at approximately $219,000. Renaissance Technologies LLC owned 0.09% of Transcontinental Realty Investors 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.