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

TFS Financial Co. (NASDAQ:TFSL) Director Daniel F. Weir sold 10,000 shares of the 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 transaction, the director now owns 18,841 shares in the company, valued at $247,005.51. This trade represents a 34.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

TFS Financial Price Performance

Shares of TFS Financial stock opened at $13.19 on Friday. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54. The business’s 50 day simple moving average is $12.96 and its two-hundred day simple moving average is $13.19. The stock has a market capitalization of $3.70 billion, a P/E ratio of 47.11 and a beta of 0.72. TFS Financial Co. has a one year low of $11.70 and a one year high of $15.00.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings results 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%. Analysts forecast that TFS Financial Co. will post 0.29 EPS for the current year.

TFS Financial Announces Dividend

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

Analysts Set New Price Targets

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

Hedge Funds Weigh In On TFS Financial

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of TFS Financial by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 5,280,564 shares of the bank’s stock worth $66,324,000 after buying an additional 76,919 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of TFS Financial by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,559,629 shares of the bank’s stock worth $32,150,000 after buying an additional 43,064 shares during the last quarter. Cramer Rosenthal Mcglynn LLC grew its position in shares of TFS Financial by 4.9% in the 4th quarter. Cramer Rosenthal Mcglynn LLC now owns 1,304,667 shares of the bank’s stock worth $16,387,000 after buying an additional 61,231 shares during the last quarter. Geode Capital Management LLC grew its position in shares of TFS Financial by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 1,095,481 shares of the bank’s stock worth $13,763,000 after buying an additional 14,280 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 buying an additional 47,310 shares during the last quarter. 9.81% of the stock is owned by hedge funds and other institutional investors.

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.