Insider Selling: TFS Financial (NASDAQ:TFSL) Director Sells 11,000 Shares of Stock

TFS Financial Corporation (NASDAQ:TFSL) Director Barbara Anderson sold 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $14.21, for a total transaction of $156,310.00. Following the sale, the director owned 6,200 shares in the company, valued at $88,102. This trade represents a 63.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

TFS Financial Stock Up 2.1%

Shares of TFS Financial stock traded up $0.31 on Wednesday, hitting $14.74. The company had a trading volume of 1,158,749 shares, compared to its average volume of 698,871. The stock has a 50-day moving average of $14.03 and a 200-day moving average of $13.60. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.53. TFS Financial Corporation has a twelve month low of $11.29 and a twelve month high of $14.92. The firm has a market capitalization of $4.14 billion, a P/E ratio of 46.06 and a beta of 0.73.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The company had revenue of $83.73 million during the quarter, compared to the consensus estimate of $84.97 million. TFS Financial had a net margin of 11.29% and a return on equity of 4.80%. Research analysts predict that TFS Financial Corporation will post 0.29 earnings per share for the current year.

TFS Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend was Tuesday, December 2nd. TFS Financial’s dividend payout ratio is currently 353.13%.

Institutional Investors Weigh In On TFS Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Quent Capital LLC acquired a new stake in TFS Financial in the 3rd quarter valued at about $27,000. Comerica Bank boosted its stake in shares of TFS Financial by 263.8% during the 4th quarter. Comerica Bank now owns 2,445 shares of the bank’s stock worth $33,000 after acquiring an additional 1,773 shares during the period. Danske Bank A S acquired a new position in shares of TFS Financial during the 3rd quarter worth approximately $47,000. Elevation Wealth Partners LLC acquired a new position in shares of TFS Financial during the 4th quarter worth approximately $49,000. Finally, Tower Research Capital LLC TRC raised its stake in TFS Financial by 913.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,249 shares of the bank’s stock valued at $68,000 after acquiring an additional 4,731 shares during the period. 9.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TFSL has been the topic of several research reports. Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 29th. Piper Sandler assumed coverage on shares of TFS Financial in a report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price objective on the stock. Wall Street Zen lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Zacks Research raised shares of TFS Financial to a “hold” rating in a research report on Monday, January 19th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $15.00.

About TFS Financial

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.