TFS Financial (NASDAQ:TFSL) CEO Sells $107,449.47 in Stock

TFS Financial Corporation (NASDAQ:TFSL) CEO Marc Stefanski sold 7,149 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $15.03, for a total value of $107,449.47. Following the transaction, the chief executive officer directly owned 109,848 shares of the company’s stock, valued at approximately $1,651,015.44. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

TFS Financial Stock Up 0.7%

Shares of NASDAQ TFSL opened at $14.93 on Monday. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market capitalization of $4.19 billion, a PE ratio of 46.66 and a beta of 0.73. TFS Financial Corporation has a one year low of $11.29 and a one year high of $15.37. The business’s fifty day moving average price is $14.14 and its 200-day moving average price is $13.72.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The firm had revenue of $83.73 million during the quarter, compared to the consensus estimate of $84.97 million. TFS Financial had a net margin of 11.29% and a return on equity of 4.79%. On average, equities research analysts anticipate that TFS Financial Corporation will post 0.29 EPS for the current year.

TFS Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd were paid a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date was Tuesday, December 2nd. TFS Financial’s payout ratio is currently 353.13%.

Analyst Ratings Changes

TFSL has been the subject of a number of analyst reports. Wall Street Zen lowered TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 29th. Zacks Research upgraded TFS Financial to a “hold” rating in a research report on Monday, January 19th. Finally, Piper Sandler assumed coverage on shares of TFS Financial in a report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TFS Financial currently has an average rating of “Hold” and an average price target of $15.00.

Institutional Trading of TFS Financial

Institutional investors and hedge funds have recently modified their holdings of the business. Quent Capital LLC purchased a new position in shares of TFS Financial during the third quarter worth about $27,000. Empowered Funds LLC bought a new stake in TFS Financial during the fourth quarter valued at approximately $28,000. Comerica Bank grew its stake in TFS Financial by 263.8% in the 4th quarter. Comerica Bank now owns 2,445 shares of the bank’s stock worth $33,000 after buying an additional 1,773 shares in the last quarter. Danske Bank A S bought a new position in shares of TFS Financial in the 3rd quarter worth $47,000. Finally, Elevation Wealth Partners LLC purchased a new stake in shares of TFS Financial during the 4th quarter valued at $49,000. Hedge funds and other institutional investors own 9.81% of the company’s stock.

TFS Financial Company Profile

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.