TFS Financial (NASDAQ:TFSL) Director Sells $156,310.00 in Stock

TFS Financial Corporation (NASDAQ:TFSL) Director Barbara Anderson sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $14.21, for a total value of $156,310.00. Following the completion of the transaction, the director directly owned 6,200 shares of the company’s stock, valued at approximately $88,102. This trade represents a 63.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

TFS Financial Price Performance

NASDAQ TFSL traded up $0.31 on Wednesday, reaching $14.74. The company’s stock had a trading volume of 1,158,749 shares, compared to its average volume of 698,871. TFS Financial Corporation has a 52 week low of $11.29 and a 52 week high of $14.92. The company has a current ratio of 1.54, a quick ratio of 1.53 and a debt-to-equity ratio of 2.57. The firm has a market cap of $4.14 billion, a PE ratio of 46.06 and a beta of 0.73. The business has a 50-day moving average price of $14.03 and a 200 day moving average price of $13.60.

TFS Financial (NASDAQ:TFSL) last issued its earnings results 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). TFS Financial had a return on equity of 4.80% and a net margin of 11.29%.The company had revenue of $83.73 million during the quarter, compared to analyst estimates of $84.97 million. Sell-side analysts expect that TFS Financial Corporation will post 0.29 EPS for the current year.

TFS Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.13 annualized dividend and a dividend yield of 7.7%. TFS Financial’s dividend payout ratio (DPR) is presently 353.13%.

Institutional Trading of TFS Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in shares of TFS Financial by 1.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,866,082 shares of the bank’s stock valued at $37,761,000 after buying an additional 46,288 shares in the last quarter. Lakewood Capital Management LP grew its stake in TFS Financial by 19.9% in the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock valued at $33,377,000 after acquiring an additional 420,000 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of TFS Financial by 3.1% in the second quarter. Bank of New York Mellon Corp now owns 1,540,799 shares of the bank’s stock worth $19,953,000 after acquiring an additional 46,080 shares in the last quarter. Geode Capital Management LLC increased its holdings 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 acquiring an additional 23,622 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of TFS Financial by 5.4% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,019,107 shares of the bank’s stock worth $13,197,000 after purchasing an additional 52,350 shares during the period. 9.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Piper Sandler started coverage on TFS Financial in a research report on Friday, January 16th. They set a “neutral” rating and a $15.00 price target on the stock. Weiss Ratings reissued 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 note on Monday, January 19th. Finally, Wall Street Zen cut TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, TFS Financial presently has a consensus rating of “Hold” and an average target price of $15.00.

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.