TFS Financial (NASDAQ:TFSL) was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday.

TFSL has been the topic of several other research reports. ValuEngine lowered TFS Financial from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. TheStreet raised TFS Financial from a “c+” rating to a “b-” rating in a research report on Monday, October 30th.

TFS Financial (NASDAQ TFSL) traded up $0.07 during mid-day trading on Friday, reaching $14.74. The company had a trading volume of 171,747 shares, compared to its average volume of 209,463. The stock has a market capitalization of $4,123.31, a PE ratio of 47.55 and a beta of 0.52. TFS Financial has a 12-month low of $14.58 and a 12-month high of $19.30. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.55 and a current ratio of 1.55.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Monday, October 30th. The bank reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The firm had revenue of $70.11 million during the quarter, compared to analysts’ expectations of $70.71 million. TFS Financial had a return on equity of 5.30% and a net margin of 20.73%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.08 earnings per share. research analysts predict that TFS Financial will post 0.32 EPS for the current fiscal year.

In other TFS Financial news, Director Anthony J. Asher sold 4,165 shares of TFS Financial stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $15.33, for a total transaction of $63,849.45. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.39% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TFSL. Schwab Charles Investment Management Inc. increased its position in TFS Financial by 4.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 213,694 shares of the bank’s stock worth $3,306,000 after buying an additional 9,060 shares during the period. Legal & General Group Plc increased its holdings in shares of TFS Financial by 2.4% in the second quarter. Legal & General Group Plc now owns 23,864 shares of the bank’s stock valued at $369,000 after purchasing an additional 553 shares during the period. Pacer Advisors Inc. increased its holdings in shares of TFS Financial by 11.4% in the second quarter. Pacer Advisors Inc. now owns 10,555 shares of the bank’s stock valued at $163,000 after purchasing an additional 1,082 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of TFS Financial by 23.4% in the second quarter. Ameriprise Financial Inc. now owns 101,891 shares of the bank’s stock valued at $1,577,000 after purchasing an additional 19,340 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of TFS Financial by 0.7% in the second quarter. Vanguard Group Inc. now owns 5,390,460 shares of the bank’s stock valued at $83,390,000 after purchasing an additional 37,420 shares during the period. 10.97% of the stock is currently owned by institutional investors.

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TFS Financial 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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