Community Financial (NASDAQ:TCFC) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Community Financial (NASDAQ:TCFCGet Rating) in a report released on Saturday. The firm set a “buy” rating on the financial services provider’s stock.

TCFC has been the topic of several other research reports. Keefe, Bruyette & Woods cut shares of Community Financial from an “outperform” rating to a “market perform” rating and set a $45.00 price target on the stock. in a report on Thursday, April 28th. Zacks Investment Research raised shares of Community Financial from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Tuesday, May 3rd.

Shares of TCFC opened at $36.51 on Friday. The firm’s 50 day simple moving average is $39.14 and its 200 day simple moving average is $39.26. The company has a market capitalization of $206.46 million, a P/E ratio of 8.11 and a beta of 0.81. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.82 and a quick ratio of 0.82. Community Financial has a 1-year low of $33.13 and a 1-year high of $41.93.

Community Financial (NASDAQ:TCFCGet Rating) last announced its earnings results on Thursday, April 28th. The financial services provider reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.02. Community Financial had a net margin of 33.51% and a return on equity of 12.79%. On average, equities analysts anticipate that Community Financial will post 4.35 earnings per share for the current year.

In related news, Director James F. Dimisa sold 1,106 shares of the firm’s stock in a transaction that occurred on Friday, February 25th. The shares were sold at an average price of $40.12, for a total value of $44,372.72. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 8.01% of the company’s stock.

Several institutional investors have recently modified their holdings of TCFC. Royal Bank of Canada raised its position in shares of Community Financial by 108.8% during the 2nd quarter. Royal Bank of Canada now owns 2,453 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 1,278 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Community Financial by 5.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,001 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 361 shares during the period. Citadel Advisors LLC bought a new stake in shares of Community Financial during the 2nd quarter valued at $327,000. Morgan Stanley raised its position in shares of Community Financial by 144.1% during the 2nd quarter. Morgan Stanley now owns 10,408 shares of the financial services provider’s stock valued at $360,000 after purchasing an additional 6,144 shares during the period. Finally, Salzhauer Michael increased its holdings in Community Financial by 45.1% in the 4th quarter. Salzhauer Michael now owns 9,657 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 37.77% of the company’s stock.

Community Financial Company Profile (Get Rating)

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, commercial, consumer, and commercial equipment loans.

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