TFS Financial (NASDAQ:TFSL) COO Sells $100,188.00 in Stock

TFS Financial Corporation (NASDAQ:TFSL) COO Andrew Rubino sold 6,600 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $15.18, for a total transaction of $100,188.00. Following the transaction, the chief operating officer owned 21,310 shares of the company’s stock, valued at $323,485.80. This represents a 23.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

TFS Financial Price Performance

TFSL opened at $15.10 on Friday. The firm has a 50-day moving average price of $14.27 and a 200-day moving average price of $14.13. TFS Financial Corporation has a twelve month low of $12.53 and a twelve month high of $15.58. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.60. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 45.76 and a beta of 0.70.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings results on Thursday, April 30th. The bank reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. TFS Financial had a net margin of 11.42% and a return on equity of 4.91%. The company had revenue of $85.24 million for the quarter, compared to analysts’ expectations of $84.70 million. Equities analysts expect that TFS Financial Corporation will post 0.34 EPS for the current year.

TFS Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were issued a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend was Wednesday, March 11th. TFS Financial’s dividend payout ratio (DPR) is presently 342.42%.

Analyst Ratings Changes

TFSL has been the topic of a number of analyst reports. Keefe, Bruyette & Woods boosted their price objective on TFS Financial from $14.00 to $15.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Wall Street Zen lowered TFS Financial from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Piper Sandler boosted their price objective on TFS Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Zacks Research upgraded TFS Financial to a “hold” rating in a research note on Monday, January 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $15.50.

Institutional Trading of TFS Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of TFS Financial by 5.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,083,792 shares of the bank’s stock valued at $43,324,000 after purchasing an additional 152,041 shares during the period. Lakewood Capital Management LP increased its stake in TFS Financial by 19.9% in the 3rd quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock worth $33,377,000 after acquiring an additional 420,000 shares during the last quarter. State Street Corp increased its stake in TFS Financial by 24.6% in the 4th quarter. State Street Corp now owns 1,966,004 shares of the bank’s stock worth $26,305,000 after acquiring an additional 387,992 shares during the last quarter. Bank of New York Mellon Corp increased its stake in TFS Financial by 23.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,869,302 shares of the bank’s stock worth $25,011,000 after acquiring an additional 352,093 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in TFS Financial by 5.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,019,107 shares of the bank’s stock worth $13,197,000 after acquiring an additional 52,350 shares during the last quarter. 9.81% of the stock is currently owned by institutional investors.

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.