Stock analysts at StockNews.com initiated coverage on shares of Community Financial (NASDAQ:TCFC – Get Rating) in a research note issued on Thursday. The firm set a “buy” rating on the financial services provider’s stock.
Separately, Keefe, Bruyette & Woods lowered their price objective on shares of Community Financial from $42.00 to $37.00 and set a “market perform” rating on the stock in a research report on Thursday, April 6th.
Community Financial Trading Down 1.4 %
Shares of NASDAQ TCFC opened at $28.77 on Thursday. The company has a market cap of $163.13 million, a PE ratio of 5.53 and a beta of 0.76. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 0.85. Community Financial has a 52-week low of $24.25 and a 52-week high of $41.43. The firm’s 50 day moving average price is $27.95 and its 200-day moving average price is $34.69.
Community Financial (NASDAQ:TCFC – Get Rating) last announced its quarterly earnings results on Tuesday, April 25th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter. The firm had revenue of $20.52 million for the quarter. Community Financial had a return on equity of 15.94% and a net margin of 29.65%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Fourthstone LLC raised its position in Community Financial by 0.3% in the first quarter. Fourthstone LLC now owns 563,501 shares of the financial services provider’s stock worth $18,669,000 after acquiring an additional 1,914 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Community Financial by 0.8% in the first quarter. The Manufacturers Life Insurance Company now owns 277,107 shares of the financial services provider’s stock valued at $11,084,000 after acquiring an additional 2,299 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Community Financial by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 111,434 shares of the financial services provider’s stock valued at $3,692,000 after acquiring an additional 4,631 shares in the last quarter. Private Capital Management LLC lifted its position in shares of Community Financial by 1.7% in the fourth quarter. Private Capital Management LLC now owns 102,156 shares of the financial services provider’s stock valued at $4,076,000 after acquiring an additional 1,754 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of Community Financial by 20.3% in the third quarter. BlackRock Inc. now owns 41,518 shares of the financial services provider’s stock valued at $1,423,000 after acquiring an additional 7,014 shares in the last quarter. 37.81% of the stock is owned by hedge funds and other institutional investors.
About Community Financial
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The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. The company offers demand, savings, money market, and time deposit accounts, as well as certificates of deposit; and commercial real estate and other non-residential real estate, residential first mortgage, residential rental mortgage, construction and land development, home equity and second mortgage, and commercial equipment loans, as well as commercial loan products, including term loans, demand loans, and lines of credit; consumer loans, such as loans for automobiles, boats, recreational vehicles, and trucks, home improvement loans, secured and unsecured personal lines of credit, and credit card loans.
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