Seidman Lawrence B Continues to Hold Stake in The Community Financial Corporation (TCFC)
Seidman Lawrence B maintained its position in The Community Financial Corporation (NASDAQ:TCFC) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 66,766 shares of the financial services provider’s stock at the end of the second quarter. The Community Financial Corporation accounts for approximately 1.6% of Seidman Lawrence B’s holdings, making the stock its 15th largest position. Seidman Lawrence B owned about 1.44% of The Community Financial Corporation worth $2,570,000 at the end of the most recent quarter.
Separately, Schwab Charles Investment Management Inc. purchased a new position in The Community Financial Corporation during the second quarter valued at approximately $270,000. Institutional investors own 39.40% of the company’s stock.
The Community Financial Corporation (TCFC) opened at 35.65 on Monday. The stock has a 50 day moving average price of $36.30 and a 200 day moving average price of $35.18. The firm has a market cap of $165.74 million, a P/E ratio of 18.61 and a beta of 0.36. The Community Financial Corporation has a 52-week low of $22.30 and a 52-week high of $40.00.
The Community Financial Corporation (NASDAQ:TCFC) last announced its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.07. The firm had revenue of $11.99 million during the quarter. The Community Financial Corporation had a net margin of 16.19% and a return on equity of 8.36%. Equities analysts predict that The Community Financial Corporation will post $2.10 earnings per share for the current fiscal year.
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In other news, VP James F. Dimisa sold 1,000 shares of the stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $34.00, for a total value of $34,000.00. Following the completion of the sale, the vice president now directly owns 13,860 shares of the company’s stock, valued at $471,240. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 12.60% of the company’s stock.
The Community Financial Corporation Company Profile
The Community Financial Corporation is a bank holding company. The Company owns a commercial bank, Community Bank of the Chesapeake (the Bank). Its segments include Lending Activities, Investment Activities, Sources of Funds and Subsidiary Activities. The Bank operates over 15 automated teller machines, including approximately four stand-alone locations.
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