TFS Financial Co. (NASDAQ:TFSL) Director Sells $21,450.00 in Stock

TFS Financial Co. (NASDAQ:TFSL - Get Free Report) Director Barbara J. Anderson sold 1,500 shares of the business's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $14.30, for a total value of $21,450.00. Following the completion of the sale, the director now owns 200 shares in the company, valued at $2,860. This represents a 88.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

TFS Financial Stock Down 2.7 %

Shares of NASDAQ TFSL traded down $0.38 during midday trading on Monday, hitting $13.87. The company's stock had a trading volume of 441,840 shares, compared to its average volume of 267,720. TFS Financial Co. has a 1 year low of $11.70 and a 1 year high of $15.25. The business's fifty day simple moving average is $13.12 and its two-hundred day simple moving average is $13.06. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 52.81 and a beta of 0.68. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.55 and a quick ratio of 1.55.

TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The bank reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. TFS Financial had a net margin of 10.49% and a return on equity of 4.20%. The company had revenue of $194.94 million during the quarter. During the same period in the prior year, the business earned $0.07 EPS.

TFS Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th were issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 8.15%. The ex-dividend date of this dividend was Tuesday, September 10th. TFS Financial's dividend payout ratio (DPR) is presently 418.52%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC lifted its stake in TFS Financial by 585.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,008 shares of the bank's stock valued at $25,000 after buying an additional 1,715 shares during the last quarter. BNP Paribas Financial Markets raised its position in TFS Financial by 65.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,328 shares of the bank's stock valued at $29,000 after purchasing an additional 917 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in TFS Financial during the 1st quarter worth $113,000. Evergreen Capital Management LLC purchased a new position in TFS Financial during the 2nd quarter worth $139,000. Finally, SG Americas Securities LLC increased its stake in TFS Financial by 12.6% in the second quarter. SG Americas Securities LLC now owns 12,179 shares of the bank's stock valued at $154,000 after purchasing an additional 1,361 shares during the period. 9.81% of the stock is owned by hedge funds and other institutional investors.

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.