Texas Permanent School Fund increased its stake in shares of TCF Financial Co. (NYSE:TCB) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,017 shares of the company’s stock after buying an additional 1,349 shares during the period. Texas Permanent School Fund’s holdings in TCF Financial were worth $1,993,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. Victory Capital Management Inc. increased its position in TCF Financial by 17.0% in the first quarter. Victory Capital Management Inc. now owns 7,784 shares of the company’s stock valued at $132,000 after buying an additional 1,132 shares during the period. Neuburgh Advisers LLC increased its position in TCF Financial by 75.4% in the first quarter. Neuburgh Advisers LLC now owns 9,376 shares of the company’s stock valued at $160,000 after buying an additional 4,032 shares during the period. Janney Montgomery Scott LLC bought a new position in TCF Financial during the second quarter valued at about $164,000. World Asset Management Inc increased its position in TCF Financial by 1.8% in the second quarter. World Asset Management Inc now owns 10,519 shares of the company’s stock valued at $168,000 after buying an additional 190 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in TCF Financial by 4.5% in the first quarter. Envestnet Asset Management Inc. now owns 11,422 shares of the company’s stock valued at $195,000 after buying an additional 490 shares during the period.
TCF Financial Co. (NYSE:TCB) opened at 16.86 on Friday. TCF Financial Co. has a one year low of $11.72 and a one year high of $20.03. The company has a 50-day moving average of $16.66 and a 200 day moving average of $17.23.
Separately, Morgan Stanley restated an “equal weight” rating and set a $16.50 price objective (down previously from $18.00) on shares of TCF Financial in a report on Monday, June 5th.
TCF Financial Company Profile
TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company’s consumer-facing businesses.
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