Russell Investments Group Ltd. lowered its stake in shares of TCF Financial Co. (NYSE:TCB) by 14.9% during the second quarter, Holdings Channel reports. The institutional investor owned 630,644 shares of the company’s stock after selling 110,246 shares during the period. Russell Investments Group Ltd.’s holdings in TCF Financial were worth $10,053,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. World Asset Management Inc raised its position in shares of TCF Financial by 0.5% in the first quarter. World Asset Management Inc now owns 10,329 shares of the company’s stock valued at $176,000 after buying an additional 54 shares in the last quarter. Chevy Chase Trust Holdings Inc. raised its position in shares of TCF Financial by 0.7% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 14,781 shares of the company’s stock valued at $252,000 after buying an additional 105 shares in the last quarter. Capstone Asset Management Co. raised its position in shares of TCF Financial by 1.1% in the first quarter. Capstone Asset Management Co. now owns 11,951 shares of the company’s stock valued at $203,000 after buying an additional 130 shares in the last quarter. Envestnet Asset Management Inc. raised 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 valued at $195,000 after buying an additional 490 shares in the last quarter. Finally, State Treasurer State of Michigan raised its position in shares of TCF Financial by 0.7% in the first quarter. State Treasurer State of Michigan now owns 69,360 shares of the company’s stock valued at $1,181,000 after buying an additional 500 shares in the last quarter.

Shares of TCF Financial Co. (TCB) traded down 0.65% during trading on Tuesday, hitting $16.86. 901,490 shares of the stock traded hands. The company has a 50 day moving average price of $16.63 and a 200 day moving average price of $17.25. TCF Financial Co. has a 12 month low of $11.72 and a 12 month high of $20.03.

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

TCF Financial Company 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.

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

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