The Community Financial Co. (NASDAQ:TCFC) Short Interest Down 75.0% in May

The Community Financial Co. (NASDAQ:TCFC – Get Rating) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 1,200 shares, a decline of 75.0% from the April 30th total of 4,800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is currently 0.1 days.

TCFC has been the subject of a number of recent research reports. Keefe, Bruyette & Woods downgraded Community Financial from an “outperform” rating to a “market perform” rating and set a $45.00 target price for the company. in a research report on Thursday, April 28th. StockNews.com initiated coverage on Community Financial in a research report on Saturday, May 21st. They set a “buy” rating for the company. Finally, Zacks Investment Research upgraded Community Financial from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research report on Tuesday, May 3rd.

In other Community Financial news, Director James F. Dimisa sold 1,106 shares of the business’s stock in a transaction on Friday, February 25th. The stock was sold at an average price of $40.12, for a total value of $44,372.72. The transaction was disclosed in a document filed with the SEC, which is available at this link. 8.01% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TCFC. Hotchkis & Wiley Capital Management LLC bought a new stake in Community Financial in the third quarter valued at about $2,237,000. CWM LLC bought a new stake in Community Financial in the fourth quarter valued at about $1,285,000. Morgan Stanley increased its holdings in Community Financial by 176.5% in the third quarter. Morgan Stanley now owns 28,774 shares of the financial services provider’s stock valued at $1,061,000 after purchasing an additional 18,366 shares during the last quarter. LSV Asset Management bought a new stake in Community Financial in the first quarter valued at about $574,000. Finally, Private Capital Management LLC increased its holdings in Community Financial by 35.9% in the fourth quarter. Private Capital Management LLC now owns 46,168 shares of the financial services provider’s stock valued at $1,815,000 after purchasing an additional 12,200 shares during the last quarter. Institutional investors and hedge funds own 37.77% of the company’s stock.

TCFC stock opened at $36.31 on Thursday. The company has a market cap of $205.33 million, a P/E ratio of 8.07 and a beta of 0.81. Community Financial has a twelve month low of $33.13 and a twelve month high of $41.93. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average of $38.91 and a 200-day moving average of $39.21.

Community Financial (NASDAQ:TCFC – Get Rating) last released its quarterly earnings data on Thursday, April 28th. The financial services provider reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.02. Community Financial had a return on equity of 12.79% and a net margin of 33.51%. As a group, equities research analysts anticipate that Community Financial will post 4.35 earnings per share for the current fiscal year.

About Community Financial (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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