GSA Capital Partners LLP Invests $619,000 in TFS Financial Co. (NASDAQ:TFSL)

GSA Capital Partners LLP bought a new position in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 48,110 shares of the bank's stock, valued at approximately $619,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its stake in shares of TFS Financial by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,476,938 shares of the bank's stock worth $31,258,000 after purchasing an additional 122,562 shares in the last quarter. Signature Estate & Investment Advisors LLC purchased a new position in shares of TFS Financial in the second quarter valued at approximately $915,000. Frank Rimerman Advisors LLC acquired a new stake in shares of TFS Financial in the second quarter worth approximately $387,000. Panagora Asset Management Inc. increased its position in shares of TFS Financial by 43.2% during the second quarter. Panagora Asset Management Inc. now owns 94,491 shares of the bank's stock worth $1,192,000 after purchasing an additional 28,497 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in TFS Financial by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 5,215,605 shares of the bank's stock valued at $65,508,000 after purchasing an additional 23,668 shares during the last quarter. 9.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TFS Financial

In other TFS Financial news, CEO Marc A. Stefanski sold 20,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $12.82, for a total transaction of $256,400.00. Following the completion of the sale, the chief executive officer now owns 37,150 shares of the company's stock, valued at $476,263. This trade represents a 35.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.13% of the company's stock.

TFS Financial Price Performance

TFSL traded up $0.30 on Tuesday, hitting $14.17. 231,470 shares of the company's stock were exchanged, compared to its average volume of 267,558. The firm has a 50-day moving average price of $13.14 and a 200-day moving average price of $13.07. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 51.37 and a beta of 0.68. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.52. TFS Financial Co. has a fifty-two week low of $11.70 and a fifty-two week high of $15.25.

TFS Financial (NASDAQ:TFSL - Get Free Report) last released its earnings results on Wednesday, October 30th. The bank reported $0.06 earnings per share for the quarter, hitting analysts' consensus estimates of $0.06. The business had revenue of $194.94 million for the quarter. TFS Financial had a net margin of 10.49% and a return on equity of 4.20%. During the same period last year, the business earned $0.07 earnings per share.

TFS Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 10th were paid a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.97%. The ex-dividend date of this dividend was Tuesday, September 10th. TFS Financial's dividend payout ratio (DPR) is presently 418.53%.

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.