Cornerstone Capital Management Holdings LLC. bought a new position in TCF Financial Co. (NYSE:TCB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 100,817 shares of the company’s stock, valued at approximately $1,606,000.

Several other institutional investors have also modified their holdings of TCB. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of TCF Financial by 9.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,487 shares of the company’s stock worth $103,000 after buying an additional 580 shares during the period. Victory Capital Management Inc. boosted its position in shares of TCF Financial by 17.0% in the first quarter. Victory Capital Management Inc. now owns 7,784 shares of the company’s stock worth $132,000 after buying an additional 1,132 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of TCF Financial in the second quarter worth $164,000. World Asset Management Inc boosted its position in shares of TCF Financial by 1.8% in the second quarter. World Asset Management Inc now owns 10,519 shares of the company’s stock worth $168,000 after buying an additional 190 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of TCF Financial by 4.5% in the first quarter. Envestnet Asset Management Inc. now owns 11,422 shares of the company’s stock worth $195,000 after buying an additional 490 shares during the period.

Shares of TCF Financial Co. (NYSE:TCB) opened at 16.86 on Friday. TCF Financial Co. has a 12 month low of $11.72 and a 12 month high of $20.03. The stock has a 50 day moving average price of $16.66 and a 200 day moving average price of $17.23.

TRADEMARK VIOLATION NOTICE: “Cornerstone Capital Management Holdings LLC. Takes $1.61 Million Position in TCF Financial Co. (TCB)” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another domain, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The original version of this piece can be read at https://www.thecerbatgem.com/2017/10/22/cornerstone-capital-management-holdings-llc-takes-1-61-million-position-in-tcf-financial-co-tcb.html.

About TCF Financial

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.

Want to see what other hedge funds are holding TCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TCF Financial Co. (NYSE:TCB).

Institutional Ownership by Quarter for TCF Financial (NYSE:TCB)

Receive News & Stock Ratings for TCF Financial Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCF Financial Co. and related stocks with our FREE daily email newsletter.