13,259 Shares in TFS Financial Co. (NASDAQ:TFSL) Bought by Olympiad Research LP

Olympiad Research LP purchased a new position in TFS Financial Co. (NASDAQ:TFSL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,259 shares of the bank’s stock, valued at approximately $167,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC increased its stake in TFS Financial by 2.2% during the third quarter. Geode Capital Management LLC now owns 1,081,201 shares of the bank’s stock valued at $13,907,000 after purchasing an additional 22,777 shares during the last quarter. Pathstone Holdings LLC increased its stake in TFS Financial by 34.5% during the third quarter. Pathstone Holdings LLC now owns 163,308 shares of the bank’s stock valued at $2,100,000 after purchasing an additional 41,930 shares during the last quarter. GSA Capital Partners LLP bought a new stake in TFS Financial during the third quarter valued at $619,000. Creative Planning increased its stake in TFS Financial by 13.9% during the third quarter. Creative Planning now owns 43,818 shares of the bank’s stock valued at $564,000 after purchasing an additional 5,350 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of TFS Financial by 6.6% during the third quarter. JPMorgan Chase & Co. now owns 28,646 shares of the bank’s stock valued at $368,000 after acquiring an additional 1,784 shares during the period. Institutional investors own 9.81% of the company’s stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, insider Cathy W. Zbanek sold 20,000 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $13.72, for a total value of $274,400.00. Following the completion of the sale, the insider now owns 88,197 shares of the company’s stock, valued at $1,210,062.84. This represents a 18.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.95% of the company’s stock.

TFS Financial Stock Performance

Shares of TFSL opened at $13.32 on Monday. TFS Financial Co. has a 1 year low of $11.70 and a 1 year high of $14.99. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 47.57 and a beta of 0.72. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a fifty day moving average of $12.94 and a 200-day moving average of $13.18.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. TFS Financial had a net margin of 10.58% and a return on equity of 4.28%. As a group, equities analysts anticipate that TFS Financial Co. will post 0.29 earnings per share for the current year.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 8.48%. The ex-dividend date is Thursday, March 6th. TFS Financial’s payout ratio is currently 403.57%.

TFS Financial 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.