UBS Group AG Has $6.69 Million Stock Position in TFS Financial Corporation $TFSL

UBS Group AG lifted its holdings in shares of TFS Financial Corporation (NASDAQ:TFSL) by 28.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 499,893 shares of the bank’s stock after purchasing an additional 110,104 shares during the period. UBS Group AG’s holdings in TFS Financial were worth $6,689,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TFSL. AQR Capital Management LLC boosted its position in shares of TFS Financial by 19.2% during the 1st quarter. AQR Capital Management LLC now owns 17,350 shares of the bank’s stock valued at $215,000 after purchasing an additional 2,790 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of TFS Financial by 64.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 91,920 shares of the bank’s stock valued at $1,139,000 after purchasing an additional 36,004 shares in the last quarter. Empowered Funds LLC boosted its position in shares of TFS Financial by 14.7% during the 1st quarter. Empowered Funds LLC now owns 24,168 shares of the bank’s stock valued at $299,000 after purchasing an additional 3,102 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of TFS Financial by 15.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 204,790 shares of the bank’s stock valued at $2,537,000 after purchasing an additional 26,949 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of TFS Financial during the 1st quarter valued at about $159,000. Institutional investors own 9.81% of the company’s stock.

TFS Financial Stock Up 0.2%

TFSL stock opened at $15.44 on Wednesday. TFS Financial Corporation has a twelve month low of $12.53 and a twelve month high of $15.62. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 2.67. The stock’s 50 day moving average is $14.42 and its 200-day moving average is $14.22. The firm has a market capitalization of $4.33 billion, a PE ratio of 46.79 and a beta of 0.70.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. TFS Financial had a return on equity of 4.89% and a net margin of 11.42%.The company had revenue of $85.24 million for the quarter, compared to analyst estimates of $84.70 million. Sell-side analysts expect that TFS Financial Corporation will post 0.34 EPS for the current fiscal year.

TFS Financial Dividend Announcement

The business also recently announced 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 7.3%. The ex-dividend date was Wednesday, March 11th. TFS Financial’s dividend payout ratio (DPR) is currently 342.42%.

Analysts Set New Price Targets

Several equities research analysts recently commented on TFSL shares. Wall Street Zen upgraded TFS Financial from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a research report on Friday, March 27th. Keefe, Bruyette & Woods upped their target price on TFS Financial from $14.00 to $15.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Finally, Piper Sandler upped their target price on TFS Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $15.50.

Insider Buying and Selling

In related news, Director Daniel F. Weir bought 21,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were bought at an average price of $14.91 per share, for a total transaction of $313,110.00. Following the completion of the acquisition, the director directly owned 51,043 shares of the company’s stock, valued at $761,051.13. This trade represents a 69.90% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Meredith S. Weil sold 13,756 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $14.91, for a total value of $205,101.96. Following the completion of the transaction, the chief financial officer owned 38,480 shares in the company, valued at $573,736.80. This represents a 26.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 33,000 shares of company stock valued at $485,100 and have sold 27,356 shares valued at $410,080. Company insiders own 0.72% of the company’s stock.

TFS Financial 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.