Gavin B. Stefanski Sells 3,505 Shares of TFS Financial Co. (NASDAQ:TFSL) Stock

TFS Financial Co. (NASDAQ:TFSL) insider Gavin B. Stefanski sold 3,505 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $13.47, for a total value of $47,212.35. Following the transaction, the insider now owns 32,766 shares of the company’s stock, valued at $441,358.02. This trade represents a 9.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

TFS Financial Price Performance

TFS Financial stock opened at $13.45 on Friday. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market capitalization of $3.78 billion, a PE ratio of 48.04 and a beta of 0.78. TFS Financial Co. has a one year low of $11.29 and a one year high of $15.00. The business has a 50 day simple moving average of $12.52 and a 200 day simple moving average of $12.99.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Wednesday, April 30th. The bank reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. TFS Financial had a return on equity of 4.28% and a net margin of 10.58%. The business had revenue of $79.12 million during the quarter, compared to the consensus estimate of $69.42 million. On average, sell-side analysts forecast that TFS Financial Co. 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 Thursday, March 20th. Investors of record on Thursday, March 6th were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.13 dividend on an annualized basis and a yield of 8.40%. TFS Financial’s dividend payout ratio is 403.57%.

Institutional Investors Weigh In On TFS Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of TFSL. JPMorgan Chase & Co. increased its holdings in TFS Financial by 6.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,646 shares of the bank’s stock valued at $368,000 after purchasing an additional 1,784 shares in the last quarter. SG Americas Securities LLC increased its holdings in TFS Financial by 47.4% during the 4th quarter. SG Americas Securities LLC now owns 13,962 shares of the bank’s stock valued at $175,000 after purchasing an additional 4,491 shares in the last quarter. Empowered Funds LLC acquired a new stake in TFS Financial during the 4th quarter valued at $265,000. Quent Capital LLC increased its holdings in TFS Financial by 68.0% during the 4th quarter. Quent Capital LLC now owns 3,700 shares of the bank’s stock valued at $46,000 after purchasing an additional 1,497 shares in the last quarter. Finally, Kestra Investment Management LLC increased its holdings in TFS Financial by 56.0% during the 4th quarter. Kestra Investment Management LLC now owns 205,393 shares of the bank’s stock valued at $2,580,000 after purchasing an additional 73,719 shares in the last quarter. 9.81% of the stock is owned by institutional investors and hedge funds.

TFS Financial Company Profile

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.