TFS Financial Corporation (TFSL) Shares Bought by Sei Investments Co.
Sei Investments Co. increased its position in TFS Financial Corporation (NASDAQ:TFSL) by 54.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 124,065 shares of the bank’s stock after buying an additional 43,651 shares during the period. Sei Investments Co.’s holdings in TFS Financial Corporation were worth $1,920,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of TFSL. Tudor Investment Corp ET AL raised its stake in shares of TFS Financial Corporation by 1.3% in the first quarter. Tudor Investment Corp ET AL now owns 41,686 shares of the bank’s stock worth $693,000 after buying an additional 537 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of TFS Financial Corporation by 2.0% in the first quarter. Alliancebernstein L.P. now owns 30,746 shares of the bank’s stock worth $511,000 after buying an additional 600 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of TFS Financial Corporation by 19.0% in the first quarter. Pacer Advisors Inc. now owns 9,473 shares of the bank’s stock worth $157,000 after buying an additional 1,514 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of TFS Financial Corporation by 28.0% in the first quarter. UBS Asset Management Americas Inc. now owns 37,620 shares of the bank’s stock worth $625,000 after buying an additional 8,220 shares in the last quarter. Finally, First Quadrant L P CA raised its stake in shares of TFS Financial Corporation by 10.7% in the first quarter. First Quadrant L P CA now owns 92,125 shares of the bank’s stock worth $1,531,000 after buying an additional 8,906 shares in the last quarter. 11.22% of the stock is owned by institutional investors.
Shares of TFS Financial Corporation (NASDAQ:TFSL) opened at 15.33 on Friday. The stock has a 50 day moving average of $15.55 and a 200-day moving average of $16.21. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 49.45 and a beta of 0.52. TFS Financial Corporation has a 52 week low of $14.86 and a 52 week high of $19.89.
TFS Financial Corporation (NASDAQ:TFSL) last released its quarterly earnings data on Thursday, July 27th. The bank reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.01. TFS Financial Corporation had a return on equity of 5.31% and a net margin of 21.03%. The company had revenue of $75.08 million during the quarter, compared to the consensus estimate of $70.88 million. During the same quarter in the prior year, the firm posted $0.07 earnings per share. Analysts expect that TFS Financial Corporation will post $0.31 earnings per share for the current year.
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A number of brokerages have recently weighed in on TFSL. BidaskClub raised shares of TFS Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $18.50 price target on shares of TFS Financial Corporation in a research note on Friday, July 28th.
In other news, COO Meredith S. Weil acquired 5,021 shares of the stock in a transaction dated Tuesday, August 15th. The stock was bought at an average price of $15.40 per share, with a total value of $77,323.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.39% of the company’s stock.
TFS Financial Corporation 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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