TFS Financial (NASDAQ:TFSL) Director Anthony Asher Buys 1,439 Shares

TFS Financial Corporation (NASDAQ:TFSL) Director Anthony Asher acquired 1,439 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were acquired at an average cost of $13.89 per share, with a total value of $19,987.71. Following the purchase, the director directly owned 39,114 shares of the company’s stock, valued at $543,293.46. This trade represents a 3.82% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

TFS Financial Price Performance

NASDAQ TFSL traded up $0.06 during trading hours on Tuesday, reaching $14.01. 559,792 shares of the stock traded hands, compared to its average volume of 385,841. The stock has a 50 day simple moving average of $13.68 and a two-hundred day simple moving average of $13.35. The company has a market cap of $3.93 billion, a price-to-earnings ratio of 43.89 and a beta of 0.72. TFS Financial Corporation has a 1 year low of $11.29 and a 1 year high of $14.73. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.53.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings results on Thursday, October 30th. The bank reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. The business had revenue of $85.48 million during the quarter, compared to the consensus estimate of $84.36 million. TFS Financial had a net margin of 11.48% and a return on equity of 4.79%. On average, analysts predict that TFS Financial Corporation will post 0.29 EPS for the current fiscal year.

TFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 16th. Shareholders of record on Tuesday, December 2nd will be issued a dividend of $0.2825 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.1%. TFS Financial’s dividend payout ratio is 353.13%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 8th. Wall Street Zen raised TFS Financial from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, TFS Financial has an average rating of “Buy”.

Institutional Trading of TFS Financial

A number of hedge funds have recently bought and sold shares of TFSL. Goldman Sachs Group Inc. increased its position in TFS Financial by 64.4% in the first quarter. Goldman Sachs Group Inc. now owns 91,920 shares of the bank’s stock worth $1,139,000 after buying an additional 36,004 shares in the last quarter. Creative Planning lifted its holdings in TFS Financial by 117.7% during the second quarter. Creative Planning now owns 75,076 shares of the bank’s stock valued at $972,000 after purchasing an additional 40,594 shares in the last quarter. Nuveen LLC bought a new position in shares of TFS Financial in the first quarter worth approximately $2,341,000. Geode Capital Management LLC boosted its position in shares of TFS Financial by 2.1% in the second quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank’s stock worth $14,949,000 after purchasing an additional 23,622 shares during the period. Finally, Parallel Advisors LLC raised its position in shares of TFS Financial by 5.4% during the 2nd quarter. Parallel Advisors LLC now owns 25,793 shares of the bank’s stock valued at $334,000 after purchasing an additional 1,319 shares during the period. Hedge funds and other institutional investors own 9.81% of the company’s stock.

About TFS Financial

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.