TFS Financial (NASDAQ:TFSL) Sets New 1-Year Low - What's Next?

TFS Financial Co. (NASDAQ:TFSL - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $11.45 and last traded at $11.73, with a volume of 434982 shares trading hands. The stock had previously closed at $11.95.

TFS Financial Price Performance

The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.43. The stock has a market cap of $3.42 billion, a P/E ratio of 43.46 and a beta of 0.62. The company has a 50 day simple moving average of $12.76 and a 200 day simple moving average of $12.99.

TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. TFS Financial had a net margin of 10.58% and a return on equity of 4.28%. Sell-side analysts forecast that TFS Financial Co. will post 0.29 earnings per share for the current fiscal year.

TFS Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 9.29%. The ex-dividend date of this dividend was Thursday, March 6th. TFS Financial's dividend payout ratio is currently 403.57%.

Insider Buying and Selling at TFS Financial

In related news, Director Anthony J. Asher sold 13,500 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $12.15, for a total value of $164,025.00. Following the completion of the sale, the director now directly owns 59,607 shares in the company, valued at approximately $724,225.05. This trade represents a 18.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Cathy W. Zbanek sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $13.72, for a total value of $274,400.00. Following the completion of the sale, the insider now owns 88,197 shares in the company, valued at $1,210,062.84. This represents a 18.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 118,055 shares of company stock worth $1,550,540 over the last quarter. 0.95% of the stock is currently owned by insiders.

Hedge Funds Weigh In On TFS Financial

Large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its holdings in shares of TFS Financial by 814.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,420 shares of the bank's stock worth $108,000 after buying an additional 7,499 shares during the period. Geode Capital Management LLC boosted its holdings in shares of TFS Financial by 2.2% during the third quarter. Geode Capital Management LLC now owns 1,081,201 shares of the bank's stock worth $13,907,000 after acquiring an additional 22,777 shares during the period. JPMorgan Chase & Co. grew its position in shares of TFS Financial by 6.6% in the third 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 during the last quarter. SG Americas Securities LLC grew its position in shares of TFS Financial by 47.4% in the fourth 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 during the last quarter. Finally, Empowered Funds LLC bought a new position in shares of TFS Financial during the fourth quarter worth approximately $265,000. 9.81% of the stock is owned by 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.