Barbara J. Anderson Sells 1,500 Shares of TFS Financial Co. (NASDAQ:TFSL) Stock

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

TFS Financial Trading Up 2.2 %

NASDAQ:TFSL opened at $14.17 on Wednesday. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 52.48 and a beta of 0.68. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.52. The company’s 50 day moving average price is $13.14 and its 200-day moving average price is $13.07. TFS Financial Co. has a 52 week low of $11.70 and a 52 week high of $15.25.

TFS Financial (NASDAQ:TFSL) last issued its 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 return on equity of 4.20% and a net margin of 10.49%. The business had revenue of $194.94 million for the quarter. During the same quarter in the prior year, the business posted $0.07 earnings per share.

TFS Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 10th were given a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date was Tuesday, September 10th. TFS Financial’s dividend payout ratio (DPR) is 418.53%.

Institutional Trading of TFS Financial

A number of institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its position in TFS Financial by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,476,938 shares of the bank’s stock valued at $31,258,000 after purchasing an additional 122,562 shares during the period. Creative Planning lifted its holdings in shares of TFS Financial by 13.9% during the 3rd quarter. Creative Planning now owns 43,818 shares of the bank’s stock valued at $564,000 after buying an additional 5,350 shares during the period. Vanguard Group Inc. boosted its stake in shares of TFS Financial by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 5,215,605 shares of the bank’s stock worth $65,508,000 after buying an additional 23,668 shares during the last quarter. Allspring Global Investments Holdings LLC grew 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 worth $41,000 after acquiring an additional 976 shares during the period. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in TFS Financial during the second quarter valued at $915,000. Hedge funds and other 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.