Insider Selling: TFS Financial Co. (NASDAQ:TFSL) Director Sells 1,500 Shares of Stock

TFS Financial Co. (NASDAQ:TFSL) Director Barbara J. Anderson sold 1,500 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $14.30, for a total transaction of $21,450.00. Following the completion of the transaction, the director now directly owns 200 shares of the company’s stock, valued at approximately $2,860. The trade was a 88.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

TFS Financial Stock Down 2.7 %

Shares of NASDAQ:TFSL opened at $13.87 on Tuesday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.55 and a current ratio of 1.55. TFS Financial Co. has a 52-week low of $11.70 and a 52-week high of $15.25. The firm has a market capitalization of $3.89 billion, a P/E ratio of 51.37 and a beta of 0.68. The stock has a 50 day moving average price of $13.12 and a 200-day moving average price of $13.06.

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

TFS Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.13 annualized dividend and a dividend yield of 8.15%. TFS Financial’s payout ratio is 418.53%.

Institutional Trading of TFS Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in TFS Financial by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,476,938 shares of the bank’s stock worth $31,258,000 after acquiring an additional 122,562 shares in the last quarter. Creative Planning boosted its stake in TFS Financial by 13.9% in the 3rd quarter. Creative Planning now owns 43,818 shares of the bank’s stock worth $564,000 after purchasing an additional 5,350 shares in the last quarter. Vanguard Group Inc. grew its position in TFS Financial by 0.5% during 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. Allspring Global Investments Holdings LLC increased its stake in TFS Financial by 44.0% during the 3rd 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 in the last quarter. Finally, Signature Estate & Investment Advisors LLC purchased a new position in TFS Financial in the second quarter worth about $915,000. Hedge funds and other institutional investors own 9.81% of the company’s stock.

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.