TCF Financial Corp. (NYSE:TCB) has received a consensus rating of “Hold” from the fourteen research firms that are covering the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $15.11.

TCB has been the subject of a number of recent analyst reports. raised their price objective on shares of TCF Financial Corp. from $14.00 to $15.00 and gave the company an “underperform” rating in a research report on Friday, September 23rd. Piper Jaffray Cos. restated a “neutral” rating and issued a $15.00 price objective on shares of TCF Financial Corp. in a research report on Saturday, October 8th. Deutsche Bank AG raised their price objective on shares of TCF Financial Corp. from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, October 11th. Barclays PLC raised their price objective on shares of TCF Financial Corp. from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, October 11th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating on shares of TCF Financial Corp. in a research report on Wednesday, October 12th.

Shares of TCF Financial Corp. (NYSE:TCB) traded up 0.12% during trading on Friday, hitting $17.29. The stock had a trading volume of 410,580 shares. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 14.79 and a beta of 1.02. TCF Financial Corp. has a 12-month low of $10.37 and a 12-month high of $17.42. The stock’s 50-day moving average is $14.97 and its 200-day moving average is $14.04.

TCF Financial Corp. (NYSE:TCB) last announced its quarterly earnings data on Friday, October 21st. The company reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.01. The firm earned $331.70 million during the quarter, compared to the consensus estimate of $215.20 million. TCF Financial Corp. had a net margin of 15.43% and a return on equity of 10.10%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.29 earnings per share. On average, equities research analysts expect that TCF Financial Corp. will post $1.19 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Tuesday, November 15th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, November 10th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.74%. TCF Financial Corp.’s dividend payout ratio (DPR) is 25.64%.

Several hedge funds and other institutional investors have recently modified their holdings of TCB. Acrospire Investment Management LLC boosted its position in shares of TCF Financial Corp. by 40.5% in the third quarter. Acrospire Investment Management LLC now owns 7,285 shares of the company’s stock worth $106,000 after buying an additional 2,100 shares during the period. Pacad Investment Ltd. purchased a new stake in TCF Financial Corp. during the second quarter valued at approximately $120,000. Hsbc Holdings PLC purchased a new stake in TCF Financial Corp. during the second quarter valued at approximately $129,000. Bank of Montreal Can purchased a new stake in TCF Financial Corp. during the second quarter valued at approximately $130,000. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in TCF Financial Corp. by 900.5% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 9,555 shares of the company’s stock valued at $139,000 after buying an additional 8,600 shares during the last quarter. 78.70% of the stock is owned by institutional investors and hedge funds.

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About TCF Financial Corp.

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: Lending, Funding and Support Services. Its Lending segment includes consumer real estate, commercial real estate and business lending, leasing and equipment finance, inventory finance and auto finance.

5 Day Chart for NYSE:TCB

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