Daniel F. Weir Sells 10,000 Shares of TFS Financial Co. (NASDAQ:TFSL) Stock

TFS Financial Co. (NASDAQ:TFSL - Get Free Report) Director Daniel F. Weir sold 10,000 shares of the business's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $13.11, for a total value of $131,100.00. Following the completion of the sale, the director now directly owns 18,841 shares of the company's stock, valued at $247,005.51. The trade was a 34.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TFS Financial Stock Up 0.3 %

Shares of NASDAQ:TFSL traded up $0.04 during midday trading on Monday, hitting $13.23. 449,539 shares of the company's stock were exchanged, compared to its average volume of 262,375. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54. TFS Financial Co. has a 12 month low of $11.70 and a 12 month high of $15.00. The company has a market cap of $3.71 billion, a PE ratio of 47.25 and a beta of 0.72. The stock has a 50 day moving average price of $12.97 and a 200-day moving average price of $13.19.

TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.02. TFS Financial had a return on equity of 4.28% and a net margin of 10.58%. On average, sell-side analysts anticipate that TFS Financial Co. will post 0.29 EPS for the current fiscal year.

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TFS Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend is Thursday, March 6th. TFS Financial's payout ratio is currently 403.57%.

Analysts Set New Price Targets

Separately, Piper Sandler reiterated a "neutral" rating and issued a $15.00 target price on shares of TFS Financial in a report on Friday, November 22nd.

Hedge Funds Weigh In On TFS Financial

A number of hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its holdings in shares of TFS Financial by 44.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,194 shares of the bank's stock valued at $41,000 after purchasing an additional 976 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in TFS Financial in the 4th quarter worth about $43,000. Ancora Advisors LLC increased its stake in TFS Financial by 128.8% in the 4th quarter. Ancora Advisors LLC now owns 3,553 shares of the bank's stock valued at $45,000 after buying an additional 2,000 shares during the last quarter. Quent Capital LLC lifted its position in shares of TFS Financial by 68.0% during the 4th quarter. Quent Capital LLC now owns 3,700 shares of the bank's stock worth $46,000 after buying an additional 1,497 shares in the last quarter. Finally, Deutsche Bank AG purchased a new position in shares of TFS Financial in the 4th quarter worth approximately $47,000. 9.81% of the stock is owned by hedge funds and other institutional investors.

About TFS Financial

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.