Goldman Sachs Group Inc. decreased its holdings in TFS Financial Corporation (NASDAQ:TFSL) by 13.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 90,541 shares of the bank’s stock after selling 14,510 shares during the quarter. Goldman Sachs Group Inc.’s holdings in TFS Financial Corporation were worth $1,401,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TFSL. Vanguard Group Inc. raised its position in TFS Financial Corporation by 6.0% in the 1st quarter. Vanguard Group Inc. now owns 5,353,040 shares of the bank’s stock valued at $88,967,000 after purchasing an additional 303,049 shares during the last quarter. Renaissance Technologies LLC raised its position in TFS Financial Corporation by 4.1% in the 2nd quarter. Renaissance Technologies LLC now owns 6,291,222 shares of the bank’s stock valued at $97,325,000 after purchasing an additional 247,100 shares during the last quarter. FMR LLC raised its position in TFS Financial Corporation by 5.3% in the 1st quarter. FMR LLC now owns 2,107,962 shares of the bank’s stock valued at $35,034,000 after purchasing an additional 105,200 shares during the last quarter. Victory Capital Management Inc. raised its position in TFS Financial Corporation by 15.4% in the 2nd quarter. Victory Capital Management Inc. now owns 615,553 shares of the bank’s stock valued at $9,523,000 after purchasing an additional 82,282 shares during the last quarter. Finally, Sei Investments Co. raised its position in TFS Financial Corporation by 54.3% in the 2nd quarter. Sei Investments Co. now owns 124,065 shares of the bank’s stock valued at $1,920,000 after purchasing an additional 43,651 shares during the last quarter. Hedge funds and other institutional investors own 11.07% of the company’s stock.

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Several brokerages have issued reports on TFSL. BidaskClub downgraded TFS Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. TheStreet upgraded TFS Financial Corporation from a “c+” rating to a “b-” rating in a research report on Monday, October 30th. Piper Jaffray Companies reiterated a “hold” rating and issued a $18.50 price objective on shares of TFS Financial Corporation in a research report on Friday, July 28th. Finally, ValuEngine downgraded TFS Financial Corporation from a “hold” rating to a “sell” rating in a research report on Friday, September 1st.

In other news, COO Meredith S. Weil bought 5,021 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was bought at an average price of $15.40 per share, for a total transaction of $77,323.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.39% of the company’s stock.

TFS Financial Corporation (NASDAQ:TFSL) opened at $15.55 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 2.11. The stock has a market cap of $4,314.56, a PE ratio of 49.45 and a beta of 0.53.

TFS Financial Corporation (NASDAQ:TFSL) last issued its quarterly earnings data on Monday, October 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.08. The firm had revenue of $70.11 million during the quarter, compared to the consensus estimate of $70.71 million. TFS Financial Corporation had a return on equity of 5.31% and a net margin of 20.73%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS. equities analysts expect that TFS Financial Corporation will post 0.31 earnings per share for the current year.

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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Institutional Ownership by Quarter for TFS Financial Corporation (NASDAQ:TFSL)

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