TFS Financial Corporation (TFSL) Director Sells $63,849.45 in Stock
TFS Financial Corporation (NASDAQ:TFSL) Director Anthony J. Asher sold 4,165 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $15.33, for a total value of $63,849.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of TFS Financial Corporation (NASDAQ TFSL) traded down $0.22 during midday trading on Thursday, hitting $15.00. The stock had a trading volume of 216,809 shares, compared to its average volume of 135,010. TFS Financial Corporation has a 12-month low of $14.68 and a 12-month high of $19.89. The stock has a market cap of $4,283.61, a P/E ratio of 49.10 and a beta of 0.53. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.53 and a quick ratio of 1.53.
TFS Financial Corporation (NASDAQ:TFSL) last posted its quarterly earnings results on Monday, October 30th. The bank reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. The company had revenue of $70.11 million for the quarter, compared to analysts’ expectations of $70.71 million. TFS Financial Corporation had a net margin of 20.73% and a return on equity of 5.31%. TFS Financial Corporation’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 EPS. research analysts expect that TFS Financial Corporation will post 0.32 earnings per share for the current fiscal year.
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TFSL has been the subject of a number of analyst reports. TheStreet upgraded TFS Financial Corporation from a “c+” rating to a “b-” rating in a research note on Monday, October 30th. Piper Jaffray Companies reiterated a “hold” rating and set a $18.50 price target 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. Finally, ValuEngine downgraded TFS Financial Corporation from a “hold” rating to a “sell” rating in a research note on Friday, September 1st.
Large investors have recently bought and sold shares of the stock. UBS Asset Management Americas Inc. raised its holdings in TFS Financial Corporation by 28.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 37,620 shares of the bank’s stock valued at $625,000 after acquiring an additional 8,220 shares during the period. Alliancebernstein L.P. increased its holdings in shares of TFS Financial Corporation by 2.0% in the first quarter. Alliancebernstein L.P. now owns 30,746 shares of the bank’s stock worth $511,000 after purchasing an additional 600 shares during the period. FMR LLC increased its holdings in shares of TFS Financial Corporation by 5.3% in the first quarter. FMR LLC now owns 2,107,962 shares of the bank’s stock worth $35,034,000 after purchasing an additional 105,200 shares during the period. Teachers Advisors LLC increased its holdings in shares of TFS Financial Corporation by 22.1% in the first quarter. Teachers Advisors LLC now owns 220,134 shares of the bank’s stock worth $3,659,000 after purchasing an additional 39,916 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of TFS Financial Corporation by 204.1% in the first quarter. Legal & General Group Plc now owns 23,311 shares of the bank’s stock worth $387,000 after purchasing an additional 15,645 shares during the period. 10.86% of the stock is currently owned by institutional investors.
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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