Meredith Weil Sells 15,000 Shares of TFS Financial (NASDAQ:TFSL) Stock

TFS Financial Corporation (NASDAQ:TFSL) CFO Meredith Weil sold 15,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $14.95, for a total value of $224,250.00. Following the completion of the transaction, the chief financial officer directly owned 52,236 shares of the company’s stock, valued at approximately $780,928.20. The trade was a 22.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

TFS Financial Price Performance

TFSL opened at $14.93 on Friday. The business’s 50-day moving average is $14.14 and its two-hundred day moving average is $13.70. TFS Financial Corporation has a 1 year low of $11.29 and a 1 year high of $15.37. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.55 and a quick ratio of 1.55. The firm has a market capitalization of $4.19 billion, a PE ratio of 46.66 and a beta of 0.73.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings results on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a net margin of 11.29% and a return on equity of 4.79%. The firm had revenue of $83.73 million for the quarter, compared to analysts’ expectations of $84.97 million. Research analysts anticipate that TFS Financial Corporation will post 0.29 earnings per share for the current fiscal year.

TFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Tuesday, December 2nd were paid a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 7.6%. The ex-dividend date was Tuesday, December 2nd. TFS Financial’s dividend payout ratio (DPR) is 353.13%.

Analyst Upgrades and Downgrades

TFSL has been the subject of several analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a report on Monday, December 29th. Piper Sandler started coverage on TFS Financial in a research report on Friday, January 16th. They set a “neutral” rating and a $15.00 target price on the stock. Zacks Research raised TFS Financial to a “hold” rating in a report on Monday, January 19th. Finally, Wall Street Zen downgraded shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $15.00.

Institutional Investors Weigh In On TFS Financial

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in shares of TFS Financial during the 4th quarter valued at approximately $106,000. CANADA LIFE ASSURANCE Co boosted its holdings in TFS Financial by 9.4% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 28,948 shares of the bank’s stock worth $387,000 after buying an additional 2,484 shares in the last quarter. Rafferty Asset Management LLC grew its position in TFS Financial by 14.9% during the fourth quarter. Rafferty Asset Management LLC now owns 69,670 shares of the bank’s stock valued at $932,000 after buying an additional 9,057 shares during the period. State Street Corp increased its holdings in TFS Financial by 24.6% in the fourth quarter. State Street Corp now owns 1,966,004 shares of the bank’s stock valued at $26,305,000 after buying an additional 387,992 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in TFS Financial by 10.1% in the fourth quarter. Wells Fargo & Company MN now owns 8,419 shares of the bank’s stock valued at $113,000 after buying an additional 770 shares in the last quarter. Institutional investors and hedge funds own 9.81% of the company’s stock.

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.