Research analysts at StockNews.com assumed coverage on shares of Community Financial (NASDAQ:TCFC – Get Free Report) in a report issued on Sunday. The brokerage set a “buy” rating on the financial services provider’s stock.
Community Financial Stock Performance
Shares of TCFC stock opened at $27.09 on Friday. The company’s fifty day simple moving average is $27.09 and its two-hundred day simple moving average is $27.30. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.85 and a quick ratio of 0.85. Community Financial has a 1 year low of $24.25 and a 1 year high of $41.43. The stock has a market capitalization of $153.57 million, a price-to-earnings ratio of 5.21 and a beta of 0.76.
Institutional Trading of Community Financial
Institutional investors have recently added to or reduced their stakes in the business. UBS Group AG raised its stake in Community Financial by 70.6% in the fourth quarter. UBS Group AG now owns 633 shares of the financial services provider’s stock worth $25,000 after buying an additional 262 shares in the last quarter. BNP Paribas Arbitrage SNC increased its stake in shares of Community Financial by 2,613.7% during the second quarter. BNP Paribas Arbitrage SNC now owns 1,384 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 1,333 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Community Financial by 600.5% during the first quarter. Bank of America Corp DE now owns 1,429 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 1,225 shares in the last quarter. Royal Bank of Canada increased its position in shares of Community Financial by 96.4% during the second quarter. Royal Bank of Canada now owns 1,479 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 726 shares in the last quarter. Finally, Citigroup Inc. bought a new stake in shares of Community Financial during the second quarter valued at approximately $41,000. 37.81% of the stock is currently owned by hedge funds and other institutional investors.
About Community Financial
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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