Wells Fargo & Company MN decreased its holdings in TCF Financial Co. (NYSE:TCB) by 29.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,822,237 shares of the company’s stock after selling 748,138 shares during the quarter. Wells Fargo & Company MN’s holdings in TCF Financial were worth $29,046,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in TCF Financial by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 14,059,786 shares of the company’s stock worth $239,297,000 after purchasing an additional 979,103 shares during the period. Dimensional Fund Advisors LP raised its holdings in TCF Financial by 8.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,677,082 shares of the company’s stock worth $164,704,000 after purchasing an additional 790,887 shares during the period. JPMorgan Chase & Co. raised its holdings in TCF Financial by 21.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,597,900 shares of the company’s stock worth $89,230,000 after purchasing an additional 976,868 shares during the period. Citadel Advisors LLC raised its holdings in TCF Financial by 198.7% in the 1st quarter. Citadel Advisors LLC now owns 4,636,427 shares of the company’s stock worth $78,912,000 after purchasing an additional 3,084,294 shares during the period. Finally, Wedge Capital Management L L P NC raised its holdings in TCF Financial by 0.3% in the 2nd quarter. Wedge Capital Management L L P NC now owns 4,227,873 shares of the company’s stock worth $67,392,000 after purchasing an additional 11,636 shares during the period.

Separately, Morgan Stanley reissued an “equal weight” rating and set a $16.50 target price (down previously from $18.00) on shares of TCF Financial in a report on Monday, June 5th.

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 firm’s 50 day moving average price is $16.66 and its 200-day moving average price is $17.23.

ILLEGAL ACTIVITY NOTICE: This piece of content was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of United States and international copyright law. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/09/23/wells-fargo-company-mn-has-29-05-million-position-in-tcf-financial-co-tcb.html.

TCF Financial 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.

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

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.