TFS Financial (NASDAQ:TFSL) CFO Meredith Weil Sells 13,756 Shares

TFS Financial Corporation (NASDAQ:TFSL) CFO Meredith Weil sold 13,756 shares of TFS Financial stock in a transaction on Monday, May 11th. The shares were sold at an average price of $14.91, for a total value of $205,101.96. Following the completion of the transaction, the chief financial officer owned 38,480 shares in the company, valued at $573,736.80. The trade was a 26.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

TFS Financial Price Performance

Shares of TFS Financial stock opened at $14.99 on Wednesday. TFS Financial Corporation has a twelve month low of $12.53 and a twelve month high of $15.58. The stock has a market capitalization of $4.20 billion, a P/E ratio of 45.43 and a beta of 0.70. The company has a current ratio of 1.58, a quick ratio of 1.55 and a debt-to-equity ratio of 2.67. The business’s fifty day moving average price is $14.31 and its 200 day moving average price is $14.16.

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

TFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th were issued a $0.2825 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $1.13 dividend on an annualized basis and a yield of 7.5%. TFS Financial’s dividend payout ratio (DPR) is presently 342.42%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TFSL. Quent Capital LLC purchased a new stake in shares of TFS Financial during the third quarter worth about $27,000. Empowered Funds LLC purchased a new stake in shares of TFS Financial during the fourth quarter worth about $28,000. Comerica Bank increased its position in shares of TFS Financial by 263.8% during the fourth quarter. Comerica Bank now owns 2,445 shares of the bank’s stock worth $33,000 after acquiring an additional 1,773 shares during the last quarter. Danske Bank A S purchased a new stake in shares of TFS Financial during the third quarter worth about $47,000. Finally, Elevation Wealth Partners LLC purchased a new stake in shares of TFS Financial during the fourth quarter worth about $49,000. 9.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TFSL shares. Zacks Research upgraded TFS Financial to a “hold” rating in a report on Monday, January 19th. Piper Sandler raised their price objective on TFS Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Wall Street Zen lowered TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday, January 31st. Keefe, Bruyette & Woods raised their price objective on TFS Financial from $14.00 to $15.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a research report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, TFS Financial has a consensus rating of “Hold” and a consensus target price of $15.50.

TFS Financial Company Profile

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.