TFS Financial Co. (NASDAQ:TFSL) Director Ben S. Stefanski III sold 26,600 shares of TFS Financial stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $15.10, for a total transaction of $401,660.00. Following the sale, the director now directly owns 48,700 shares of the company’s stock, valued at approximately $735,370. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of TFS Financial Co. (NASDAQ TFSL) traded up $0.04 during mid-day trading on Friday, hitting $15.30. 181,500 shares of the stock traded hands, compared to its average volume of 213,138. TFS Financial Co. has a one year low of $14.32 and a one year high of $17.82. The firm has a market cap of $4,285.93, a price-to-earnings ratio of 49.35 and a beta of 0.43. The company has a quick ratio of 1.55, a current ratio of 1.56 and a debt-to-equity ratio of 2.21.
TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings results on Tuesday, January 30th. The bank reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. TFS Financial had a net margin of 20.32% and a return on equity of 5.54%. The company had revenue of $69.99 million during the quarter, compared to analyst estimates of $70.60 million. During the same quarter in the previous year, the business earned $0.07 EPS. The firm’s revenue was up 2.6% on a year-over-year basis. sell-side analysts predict that TFS Financial Co. will post 0.32 earnings per share for the current year.
Several hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its holdings in shares of TFS Financial by 7.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,641 shares of the bank’s stock valued at $134,000 after buying an additional 574 shares during the period. California Public Employees Retirement System grew its holdings in shares of TFS Financial by 1.2% in the 2nd quarter. California Public Employees Retirement System now owns 123,600 shares of the bank’s stock valued at $1,912,000 after buying an additional 1,500 shares during the period. Citadel Advisors LLC grew its holdings in shares of TFS Financial by 8.9% in the 4th quarter. Citadel Advisors LLC now owns 54,458 shares of the bank’s stock valued at $814,000 after buying an additional 4,457 shares during the period. WealthTrust Fairport LLC grew its holdings in shares of TFS Financial by 18.2% in the 3rd quarter. WealthTrust Fairport LLC now owns 32,635 shares of the bank’s stock valued at $526,000 after buying an additional 5,022 shares during the period. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of TFS Financial by 4.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 213,694 shares of the bank’s stock valued at $3,306,000 after buying an additional 9,060 shares during the period. 11.01% of the stock is owned by institutional investors.
TFSL has been the subject of a number of analyst reports. BidaskClub lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, December 16th. ValuEngine lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Finally, TheStreet raised shares of TFS Financial from a “c+” rating to a “b-” rating in a report on Monday, October 30th.
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TFS Financial Company Profile
TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.
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