TFS Financial (NASDAQ:TFSL) CEO Marc Stefanski Sells 1,000 Shares

TFS Financial Corporation (NASDAQ:TFSL) CEO Marc Stefanski sold 1,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $15.00, for a total transaction of $15,000.00. Following the sale, the chief executive officer owned 108,841 shares of the company’s stock, valued at approximately $1,632,615. This trade represents a 0.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

TFS Financial Stock Performance

Shares of TFSL opened at $15.08 on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.60. The firm’s fifty day simple moving average is $14.22 and its two-hundred day simple moving average is $13.76. TFS Financial Corporation has a 12 month low of $11.29 and a 12 month high of $15.42. The stock has a market capitalization of $4.23 billion, a P/E ratio of 47.13 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 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a return on equity of 4.79% and a net margin of 11.29%.The business had revenue of $83.73 million during the quarter, compared to the consensus estimate of $84.97 million. As a group, analysts predict that TFS Financial Corporation will post 0.29 EPS for the current year.

Analyst Upgrades and Downgrades

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

Institutional Trading of TFS Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its holdings in shares of 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 purchasing an additional 770 shares in the last quarter. Legal & General Group Plc lifted its stake in TFS Financial by 1.3% during the 2nd quarter. Legal & General Group Plc now owns 60,358 shares of the bank’s stock valued at $782,000 after acquiring an additional 789 shares in the last quarter. Prasad Wealth Partners LLC lifted its stake in TFS Financial by 9.0% during the 4th quarter. Prasad Wealth Partners LLC now owns 11,781 shares of the bank’s stock valued at $158,000 after acquiring an additional 971 shares in the last quarter. Kestra Investment Management LLC boosted its holdings in TFS Financial by 0.5% during the 4th quarter. Kestra Investment Management LLC now owns 214,499 shares of the bank’s stock worth $2,870,000 after acquiring an additional 1,017 shares during the last quarter. Finally, Osaic Holdings Inc. grew its stake in shares of TFS Financial by 5.7% in the 2nd quarter. Osaic Holdings Inc. now owns 19,762 shares of the bank’s stock worth $256,000 after acquiring an additional 1,057 shares in the last quarter. 9.81% of the stock is owned by institutional investors.

TFS Financial Company Profile

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.