TFS Financial Co. (NASDAQ:TFSL) CEO Sells $288,860.00 in Stock

TFS Financial Co. (NASDAQ:TFSL) CEO Marc A. Stefanski sold 22,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $13.13, for a total value of $288,860.00. Following the transaction, the chief executive officer now owns 171,784 shares of the company’s stock, valued at $2,255,523.92. This trade represents a 11.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

TFS Financial Price Performance

NASDAQ TFSL opened at $13.19 on Friday. TFS Financial Co. has a 12 month low of $11.70 and a 12 month high of $15.00. The firm has a market capitalization of $3.70 billion, a PE ratio of 47.11 and a beta of 0.72. The company’s 50 day simple moving average is $12.96 and its 200 day simple moving average is $13.19. 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 (NASDAQ:TFSL) last posted 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%. As a group, equities research analysts forecast that TFS Financial Co. will post 0.29 EPS for the current fiscal year.

TFS Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 8.57%. The ex-dividend date is Thursday, March 6th. TFS Financial’s payout ratio is 403.57%.

Analyst Ratings Changes

Separately, Piper Sandler reaffirmed a “neutral” rating and issued a $15.00 price objective on shares of TFS Financial in a report on Friday, November 22nd.

Hedge Funds Weigh In On TFS Financial

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in TFS Financial by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 5,280,564 shares of the bank’s stock valued at $66,324,000 after purchasing an additional 76,919 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of TFS Financial by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,559,629 shares of the bank’s stock valued at $32,150,000 after buying an additional 43,064 shares in the last quarter. Cramer Rosenthal Mcglynn LLC lifted its position in shares of TFS Financial by 4.9% during the 4th quarter. Cramer Rosenthal Mcglynn LLC now owns 1,304,667 shares of the bank’s stock valued at $16,387,000 after acquiring an additional 61,231 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of TFS Financial by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 1,095,481 shares of the bank’s stock worth $13,763,000 after acquiring an additional 14,280 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of TFS Financial by 5.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 931,874 shares of the bank’s stock worth $11,704,000 after acquiring an additional 47,310 shares during the last quarter. Institutional investors own 9.81% of the company’s stock.

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.