Blue Sky Asset Management LLC bought a new position in shares of TFS Financial Corporation (NASDAQ:TFSL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,210 shares of the bank’s stock, valued at approximately $142,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its position in TFS Financial Corporation by 19.0% in the first quarter. Pacer Advisors Inc. now owns 9,473 shares of the bank’s stock worth $157,000 after buying an additional 1,514 shares during the last quarter. Rafferty Asset Management LLC purchased a new position in TFS Financial Corporation during the first quarter worth approximately $172,000. Russell Investments Group Ltd. purchased a new position in TFS Financial Corporation during the fourth quarter worth approximately $316,000. Dynamic Technology Lab Private Ltd purchased a new position in TFS Financial Corporation during the first quarter worth approximately $300,000. Finally, KBC Group NV purchased a new position in TFS Financial Corporation during the first quarter worth approximately $362,000. Institutional investors own 11.25% of the company’s stock.

TFS Financial Corporation (TFSL) opened at 15.40 on Thursday. The stock has a market cap of $4.27 billion, a PE ratio of 49.68 and a beta of 0.52. The stock has a 50 day moving average price of $15.67 and a 200-day moving average price of $16.42. TFS Financial Corporation has a 1-year low of $14.86 and a 1-year high of $19.89.

TFS Financial Corporation (NASDAQ:TFSL) last announced its quarterly earnings data on Thursday, July 27th. The bank reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. TFS Financial Corporation had a return on equity of 5.31% and a net margin of 21.03%. The company had revenue of $75.08 million for the quarter, compared to analysts’ expectations of $70.88 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. On average, equities analysts expect that TFS Financial Corporation will post $0.31 EPS for the current year.

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A number of research analysts have recently commented on the company. Piper Jaffray Companies restated a “hold” rating and issued a $18.50 target price on shares of TFS Financial Corporation in a research note on Friday, July 28th. BidaskClub upgraded TFS Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd.

In related news, Director Anthony J. Asher sold 22,000 shares of the stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $16.42, for a total value of $361,240.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.39% of the stock is owned by corporate insiders.

TFS Financial Corporation Company Profile

TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.

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Institutional Ownership by Quarter for TFS Financial Corporation (NASDAQ:TFSL)

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