Investment analysts at StockNews.com began coverage on shares of Community Financial (NASDAQ:TCFC – Get Free Report) in a research note issued on Monday. The firm set a “buy” rating on the financial services provider’s stock.
Separately, Keefe, Bruyette & Woods reduced their price objective on shares of Community Financial from $42.00 to $37.00 and set a “market perform” rating for the company in a research report on Thursday, April 6th.
Community Financial Trading Down 1.6 %
Shares of TCFC opened at $27.09 on Monday. 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 has a market cap of $153.57 million, a price-to-earnings ratio of 5.21 and a beta of 0.76. The business’s fifty day moving average is $27.27 and its 200-day moving average is $32.78.
Community Financial (NASDAQ:TCFC – Get Free Report) last announced its quarterly earnings results on Tuesday, April 25th. The financial services provider reported $1.34 EPS for the quarter. The company had revenue of $20.52 million during the quarter. Community Financial had a return on equity of 15.94% and a net margin of 29.65%.
Institutional Investors Weigh In On Community Financial
Hedge funds have recently made changes to their positions in the business. UBS Group AG grew its holdings in Community Financial by 70.6% during the 4th quarter. UBS Group AG now owns 633 shares of the financial services provider’s stock valued at $25,000 after buying an additional 262 shares in the last quarter. Bank of America Corp DE grew its holdings in Community Financial by 600.5% during the 1st quarter. Bank of America Corp DE now owns 1,429 shares of the financial services provider’s stock valued at $47,000 after buying an additional 1,225 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Community Financial by 53,333.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,206 shares of the financial services provider’s stock valued at $106,000 after buying an additional 3,200 shares in the last quarter. Jacobs Asset Management LLC purchased a new position in Community Financial during the 4th quarter valued at about $211,000. Finally, Gabelli Funds LLC grew its holdings in Community Financial by 16.7% during the 1st quarter. Gabelli Funds LLC now owns 7,000 shares of the financial services provider’s stock valued at $232,000 after buying an additional 1,000 shares in the last quarter. 37.81% of the stock is currently owned by institutional investors.
About Community Financial
(Get Free Report)
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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