TFS Financial (NASDAQ:TFSL) Director Barbara Anderson Sells 11,000 Shares

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 Price Performance

TFSL stock opened at $14.74 on Thursday. The stock has a 50-day moving average price of $14.04 and a two-hundred day moving average price of $13.61. TFS Financial Corporation has a 1 year low of $11.29 and a 1 year high of $14.92. The stock has a market cap of $4.14 billion, a PE ratio of 46.06 and a beta of 0.73. The company has a current ratio of 1.54, a quick ratio of 1.53 and a debt-to-equity ratio of 2.57.

TFS Financial (NASDAQ:TFSL) last issued its quarterly earnings results on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). TFS Financial had a net margin of 11.29% and a return on equity of 4.80%. The firm had revenue of $83.73 million during the quarter, compared to the consensus estimate of $84.97 million. Equities analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current fiscal year.

TFS Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Tuesday, December 2nd were paid 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 (DPR) is currently 353.13%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TFSL shares. Piper Sandler started coverage on shares of TFS Financial in a research report on Friday, January 16th. They issued a “neutral” rating and a $15.00 target price for the company. Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 29th. Wall Street Zen downgraded TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday, January 31st. Finally, Zacks Research raised 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 given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $15.00.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TFSL. Dimensional Fund Advisors LP boosted its position in TFS Financial by 1.6% during the third quarter. Dimensional Fund Advisors LP now owns 2,866,082 shares of the bank’s stock worth $37,761,000 after purchasing an additional 46,288 shares during the period. Lakewood Capital Management LP boosted its holdings in shares of TFS Financial by 19.9% during the 3rd quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock worth $33,377,000 after buying an additional 420,000 shares during the period. Bank of New York Mellon Corp grew its stake in TFS Financial by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,540,799 shares of the bank’s stock valued at $19,953,000 after buying an additional 46,080 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 acquiring an additional 23,622 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in TFS Financial by 5.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,019,107 shares of the bank’s stock valued at $13,197,000 after acquiring an additional 52,350 shares during the period. 9.81% of the stock is owned by institutional investors and hedge funds.

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.