Community Financial Corp (TCFC) Shares Bought by Northern Trust Corp

Northern Trust Corp boosted its stake in Community Financial Corp (NASDAQ:TCFC) by 16.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,851 shares of the financial services provider’s stock after purchasing an additional 6,923 shares during the period. Northern Trust Corp’s holdings in Community Financial were worth $1,692,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. BlackRock Inc. boosted its stake in shares of Community Financial by 27.5% during the 2nd quarter. BlackRock Inc. now owns 218,345 shares of the financial services provider’s stock worth $7,720,000 after acquiring an additional 47,041 shares during the last quarter. Private Capital Management LLC boosted its stake in shares of Community Financial by 34.5% during the 2nd quarter. Private Capital Management LLC now owns 107,093 shares of the financial services provider’s stock worth $3,787,000 after acquiring an additional 27,449 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Community Financial by 117.3% during the 2nd quarter. Renaissance Technologies LLC now owns 61,500 shares of the financial services provider’s stock worth $2,175,000 after acquiring an additional 33,200 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Community Financial by 57.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 32,068 shares of the financial services provider’s stock worth $1,134,000 after acquiring an additional 11,739 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Community Financial by 32.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 9,300 shares of the financial services provider’s stock worth $329,000 after acquiring an additional 2,300 shares during the last quarter. 33.65% of the stock is owned by institutional investors and hedge funds.

Shares of Community Financial stock opened at $30.12 on Monday. The firm has a market cap of $168.00 million, a PE ratio of 12.71 and a beta of 0.38. Community Financial Corp has a 1-year low of $28.25 and a 1-year high of $40.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.93 and a current ratio of 0.93.

Community Financial (NASDAQ:TCFC) last issued its quarterly earnings results on Monday, October 29th. The financial services provider reported $0.70 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.05. The business had revenue of $13.83 million for the quarter. Community Financial had a net margin of 10.59% and a return on equity of 9.13%.

In other news, Director Michael L. Middleton sold 11,002 shares of Community Financial stock in a transaction on Monday, November 26th. The shares were sold at an average price of $30.24, for a total transaction of $332,700.48. Following the transaction, the director now owns 10,000 shares in the company, valued at approximately $302,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 10.95% of the company’s stock.

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Community Financial Company Profile

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's deposit products include savings, money market, demand deposit, IRA, SEP, and time deposit accounts.

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Institutional Ownership by Quarter for Community Financial (NASDAQ:TCFC)

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