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Transcontinental Realty Investors Inc. (NYSE:TCI) has expanded its stake in Income Opportunity (SO:FTCE11B) Realty Investors Inc. (NYSE:IOR) by purchasing 21,678 shares of common stock. The acquisition, completed on January 29, 2025, was part of a limited tender offer, with shares acquired at $18 each, near IOR’s 52-week high of $19. This transaction amounts to a total investment of $390,204, slightly increasing Transcontinental Realty’s holding in Income Opportunity Realty by 0.533%. IOR shares have shown strong performance with a 27% return over the past year, while maintaining low volatility with a beta of 0.15. Following this transaction, Transcontinental Realty now owns a total of 3,403,248 shares of Income Opportunity Realty. The company maintains robust financial health with a current ratio of 36,557 and earnings per share of $1.47. According to InvestingPro, IOR shows strong liquidity with assets well exceeding short-term obligations. Subscribers can access additional financial insights and 3 more exclusive ProTips for IOR.
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