Insider Selling: TFS Financial (NASDAQ:TFSL) Insider Sells $152,600.00 in Stock

TFS Financial Corporation (NASDAQ:TFSL) insider Cathy Zbanek sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $15.26, for a total value of $152,600.00. Following the sale, the insider directly owned 61,101 shares of the company’s stock, valued at approximately $932,401.26. This represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TFS Financial Stock Performance

Shares of TFSL opened at $15.97 on Friday. The company has a market capitalization of $4.48 billion, a PE ratio of 48.40 and a beta of 0.70. TFS Financial Corporation has a 52-week low of $12.53 and a 52-week high of $16.06. The company has a 50-day simple moving average of $14.55 and a 200-day simple moving average of $14.27. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 2.67.

TFS Financial (NASDAQ:TFSL) last issued its quarterly earnings data on Thursday, April 30th. The bank reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. TFS Financial had a net margin of 11.42% and a return on equity of 4.89%. The firm had revenue of $85.24 million for the quarter, compared to analysts’ expectations of $84.70 million. Equities research analysts predict that TFS Financial Corporation will post 0.34 earnings per share for the current fiscal year.

TFS Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 11th were paid a dividend of $0.2825 per share. The ex-dividend date was Wednesday, March 11th. This represents a $1.13 annualized dividend and a yield of 7.1%. TFS Financial’s dividend payout ratio is currently 342.42%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TFSL. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TFS Financial in a research report on Friday, March 27th. Piper Sandler lifted their target price on TFS Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Wall Street Zen upgraded TFS Financial from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Keefe, Bruyette & Woods increased their target price on TFS Financial from $14.00 to $15.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $15.50.

Hedge Funds Weigh In On TFS Financial

Several hedge funds and other institutional investors have recently made changes to their positions in TFSL. UBS Group AG grew its stake in shares of TFS Financial by 28.2% in the fourth quarter. UBS Group AG now owns 499,893 shares of the bank’s stock worth $6,689,000 after purchasing an additional 110,104 shares in the last quarter. Lakewood Capital Management LP lifted its holdings in TFS Financial by 19.9% in the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock worth $33,377,000 after purchasing an additional 420,000 shares during the period. SG Americas Securities LLC lifted its holdings in TFS Financial by 253.0% in the fourth quarter. SG Americas Securities LLC now owns 55,950 shares of the bank’s stock worth $749,000 after purchasing an additional 40,098 shares during the period. Signature Estate & Investment Advisors LLC bought a new position in TFS Financial in the 3rd quarter valued at about $498,000. Finally, Stratos Wealth Partners LTD. increased its stake in TFS Financial by 27.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 19,656 shares of the bank’s stock valued at $263,000 after buying an additional 4,230 shares during the period. 9.81% of the stock is currently owned by institutional investors and hedge funds.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.