Transcontinental Realty Investors (NYSE:TCI) Releases Earnings Results

Transcontinental Realty Investors (NYSE:TCI) released its earnings results on Thursday. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $12.06 million during the quarter. Transcontinental Realty Investors had a net margin of 11.52% and a return on equity of 0.30%.

Transcontinental Realty Investors Price Performance

Shares of TCI traded down $1.36 on Thursday, hitting $33.87. The company’s stock had a trading volume of 1,383 shares, compared to its average volume of 2,655. Transcontinental Realty Investors has a fifty-two week low of $26.96 and a fifty-two week high of $59.65. The company has a market capitalization of $292.64 million, a PE ratio of 52.92 and a beta of 0.49. The company has a 50 day moving average price of $49.14 and a 200 day moving average price of $47.80.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Transcontinental Realty Investors in a research report on Monday, December 22nd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Investors Weigh In On Transcontinental Realty Investors

Institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC raised its stake in Transcontinental Realty Investors by 10.5% in the fourth quarter. Barclays PLC now owns 2,960 shares of the real estate investment trust’s stock valued at $174,000 after purchasing an additional 282 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Transcontinental Realty Investors by 43.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 315 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Transcontinental Realty Investors by 85.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 341 shares during the period. State Street Corp boosted its stake in Transcontinental Realty Investors by 1.6% during the fourth quarter. State Street Corp now owns 22,703 shares of the real estate investment trust’s stock valued at $1,331,000 after buying an additional 352 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Transcontinental Realty Investors by 47.9% in the second quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 424 shares in the last quarter.

About Transcontinental Realty Investors

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open‐air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long‐term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.