Gator Capital Management LLC Invests $6.29 Million in TFS Financial Corporation $TFSL

Gator Capital Management LLC purchased a new position in shares of TFS Financial Corporation (NASDAQ:TFSL) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 470,125 shares of the bank’s stock, valued at approximately $6,290,000. TFS Financial comprises 1.3% of Gator Capital Management LLC’s investment portfolio, making the stock its 25th biggest position.

Several other hedge funds also recently modified their holdings of the business. Empowered Funds LLC acquired a new position in TFS Financial in the 4th quarter valued at $28,000. Comerica Bank grew its stake in TFS Financial by 263.8% in the 4th quarter. Comerica Bank now owns 2,445 shares of the bank’s stock valued at $33,000 after buying an additional 1,773 shares during the last quarter. Danske Bank A S acquired a new position in TFS Financial in the 3rd quarter valued at $47,000. Elevation Wealth Partners LLC acquired a new position in TFS Financial in the 4th quarter valued at $49,000. Finally, Tower Research Capital LLC TRC boosted its holdings 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 purchasing an additional 4,731 shares during the period. Institutional investors and hedge funds own 9.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Piper Sandler upped their price objective on shares of TFS Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TFS Financial in a research report on Friday, March 27th. Keefe, Bruyette & Woods upped their price objective on shares of TFS Financial from $14.00 to $15.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Finally, Wall Street Zen downgraded shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $15.50.

TFS Financial Trading Up 0.7%

Shares of TFS Financial stock opened at $16.92 on Friday. The stock has a market capitalization of $4.74 billion, a P/E ratio of 51.27 and a beta of 0.72. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 2.67. The company has a 50-day simple moving average of $15.33 and a 200 day simple moving average of $14.54. TFS Financial Corporation has a 12-month low of $12.53 and a 12-month high of $17.00.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Thursday, April 30th. The bank reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. TFS Financial had a net margin of 11.42% and a return on equity of 4.89%. The firm had revenue of $85.24 million during the quarter, compared to analysts’ expectations of $84.70 million. Research analysts expect that TFS Financial Corporation will post 0.34 earnings per share for the current fiscal year.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th will be issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a dividend yield of 6.7%. The ex-dividend date is Wednesday, June 10th. TFS Financial’s payout ratio is currently 342.42%.

Insider Activity at TFS Financial

In other TFS Financial news, insider Cathy W. Zbanek sold 10,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $15.26, for a total transaction of $152,600.00. Following the sale, the insider directly owned 61,101 shares in the company, valued at $932,401.26. This represents a 14.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Daniel F. Weir acquired 21,000 shares of TFS Financial stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of $14.91 per share, for a total transaction of $313,110.00. Following the completion of the purchase, the director directly owned 51,043 shares of the company’s stock, valued at approximately $761,051.13. This represents a 69.90% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have bought 35,000 shares of company stock valued at $529,200 and have sold 38,777 shares valued at $595,709. Insiders own 0.72% of the company’s stock.

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.