Equities research analysts at StockNews.com began coverage on shares of Community Financial (NASDAQ:TCFC – Get Free Report) in a note issued to investors on Monday. The brokerage set a “buy” rating on the financial services provider’s stock.
Community Financial Price Performance
Community Financial stock opened at $27.09 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average price of $27.09 and a 200 day moving average price of $29.08. Community Financial has a 12-month low of $24.25 and a 12-month high of $41.43. The stock has a market cap of $153.57 million, a P/E ratio of 5.21 and a beta of 0.76.
Hedge Funds Weigh In On Community Financial
Several large investors have recently made changes to their positions in TCFC. UBS Group AG increased its position in shares of Community Financial by 70.6% during the fourth quarter. UBS Group AG now owns 633 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 262 shares during the period. Bank of New York Mellon Corp raised its holdings in Community Financial by 2.0% in the third quarter. Bank of New York Mellon Corp now owns 13,937 shares of the financial services provider’s stock valued at $478,000 after acquiring an additional 271 shares in the last quarter. Royal Bank of Canada grew its holdings in Community Financial by 96.4% during the 2nd quarter. Royal Bank of Canada now owns 1,479 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 726 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Community Financial by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 106,803 shares of the financial services provider’s stock valued at $4,261,000 after purchasing an additional 895 shares during the last quarter. Finally, Gabelli Funds LLC increased its holdings in Community Financial by 12.9% in the second quarter. Gabelli Funds LLC now owns 7,900 shares of the financial services provider’s stock valued at $214,000 after buying an additional 900 shares during the last quarter. 37.81% of the stock is currently owned by institutional investors and hedge funds.
Community Financial Company Profile
(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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Community Financial, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Community Financial wasn’t on the list.
While Community Financial currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Read the full article here