TFS Financial Co. (NASDAQ:TFSL) Insider Sells $49,575.00 in Stock

TFS Financial Co. (NASDAQ:TFSL) insider Bradley T. Stefanski sold 3,750 shares of the company’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $13.22, for a total transaction of $49,575.00. Following the transaction, the insider now owns 47,959 shares of the company’s stock, valued at approximately $634,017.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

TFS Financial Stock Down 0.2 %

NASDAQ TFSL traded down $0.02 during trading on Thursday, hitting $12.94. 169,723 shares of the company traded hands, compared to its average volume of 285,697. The company has a market capitalization of $3.63 billion, a P/E ratio of 48.00 and a beta of 0.65. The business has a fifty day simple moving average of $12.44 and a 200 day simple moving average of $13.12. TFS Financial Co. has a 12 month low of $10.97 and a 12 month high of $15.25. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 2.69.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Tuesday, April 30th. The bank reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $77.10 million during the quarter, compared to analyst estimates of $71.24 million. TFS Financial had a net margin of 11.08% and a return on equity of 4.15%.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were paid a $0.2825 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $1.13 annualized dividend and a dividend yield of 8.73%. TFS Financial’s dividend payout ratio is currently 418.52%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Piper Sandler initiated coverage on TFS Financial in a report on Friday, February 23rd. They set a “neutral” rating and a $14.00 price objective on the stock. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $14.00 target price (down previously from $15.00) on shares of TFS Financial in a research note on Thursday, May 2nd.

Institutional Trading of TFS Financial

Several institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its position in TFS Financial by 7.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,216,354 shares of the bank’s stock valued at $32,560,000 after buying an additional 152,815 shares in the last quarter. Brandywine Global Investment Management LLC lifted its position in TFS Financial by 35.3% during the 3rd quarter. Brandywine Global Investment Management LLC now owns 433,756 shares of the bank’s stock valued at $5,127,000 after purchasing an additional 113,191 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in TFS Financial by 4.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 975,030 shares of the bank’s stock worth $11,525,000 after acquiring an additional 41,045 shares during the period. Arden Trust Co increased its position in shares of TFS Financial by 67.4% in the 4th quarter. Arden Trust Co now owns 84,174 shares of the bank’s stock valued at $1,237,000 after buying an additional 33,897 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in TFS Financial by 8.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 409,220 shares of the bank’s stock worth $4,837,000 after acquiring an additional 32,496 shares in the last quarter. Institutional investors and hedge funds own 9.81% of the company’s stock.

TFS Financial Company Profile

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.