Transcontinental Realty Investors (NYSE:TCI) Research Coverage Started at StockNews.com

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

Transcontinental Realty Investors Stock Performance

Shares of TCI opened at $27.50 on Tuesday. Transcontinental Realty Investors has a twelve month low of $26.79 and a twelve month high of $43.40. The firm’s 50-day moving average is $28.21 and its two-hundred day moving average is $28.82.

Institutional Trading of Transcontinental Realty Investors

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

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.