TFS Financial (NASDAQ:TFSL) Insider Cathy Zbanek Sells 20,000 Shares

TFS Financial Corporation (NASDAQ:TFSL) insider Cathy Zbanek sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $14.13, for a total transaction of $282,600.00. Following the completion of the transaction, the insider directly owned 53,197 shares in the company, valued at approximately $751,673.61. The trade was a 27.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

TFS Financial Trading Up 0.1%

Shares of TFS Financial stock traded up $0.01 on Friday, hitting $14.14. 26,592 shares of the company’s stock traded hands, compared to its average volume of 371,969. The firm’s 50-day moving average price is $13.60 and its two-hundred day moving average price is $13.32. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.53. The stock has a market capitalization of $3.97 billion, a PE ratio of 44.19 and a beta of 0.72. TFS Financial Corporation has a one year low of $11.29 and a one year high of $14.73.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings results on Thursday, October 30th. The bank reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. The business had revenue of $85.48 million for the quarter, compared to analyst estimates of $84.36 million. TFS Financial had a return on equity of 4.79% and a net margin of 11.48%. On average, research analysts expect that TFS Financial Corporation will post 0.29 EPS for the current fiscal year.

TFS Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd will be given a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Tuesday, December 2nd. TFS Financial’s dividend payout ratio (DPR) is currently 353.13%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TFSL. Wall Street Zen raised shares of TFS Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Institutional Investors Weigh In On TFS Financial

A number of large investors have recently added to or reduced their stakes in TFSL. Goldman Sachs Group Inc. raised its position in shares of TFS Financial by 64.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 91,920 shares of the bank’s stock valued at $1,139,000 after buying an additional 36,004 shares in the last quarter. Creative Planning grew its holdings in shares of TFS Financial by 117.7% during the 2nd quarter. Creative Planning now owns 75,076 shares of the bank’s stock valued at $972,000 after purchasing an additional 40,594 shares during the last quarter. Nuveen LLC acquired a new position in TFS Financial during the 1st quarter worth approximately $2,341,000. Geode Capital Management LLC lifted its stake in TFS Financial by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank’s stock valued at $14,949,000 after purchasing an additional 23,622 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in TFS Financial by 5.4% in the second quarter. Parallel Advisors LLC now owns 25,793 shares of the bank’s stock valued at $334,000 after buying an additional 1,319 shares in the last quarter. Institutional investors and hedge funds own 9.81% of the company’s stock.

About TFS Financial

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.