Transcontinental Realty Investors (TCI) Upgraded at TheStreet

TheStreet upgraded shares of Transcontinental Realty Investors (NYSE:TCI) from a d+ rating to a c- rating in a research report report published on Monday.

NYSE:TCI opened at $34.30 on Monday. Transcontinental Realty Investors has a 1 year low of $23.90 and a 1 year high of $52.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market capitalization of $314.71 million, a PE ratio of 15.22 and a beta of -0.18.

A hedge fund recently bought a new stake in Transcontinental Realty Investors stock. Paloma Partners Management Co bought a new stake in Transcontinental Realty Investors Inc (NYSE:TCI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,767 shares of the real estate investment trust’s stock, valued at approximately $293,000. Paloma Partners Management Co owned about 0.10% of Transcontinental Realty Investors at the end of the most recent quarter. Institutional investors own 2.59% of the company’s stock.

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 apartments, office buildings, 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.

Further Reading: Buyback

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