Marc A. Stefanski Sells 22,000 Shares of TFS Financial Co. (NASDAQ:TFSL) Stock

TFS Financial Co. (NASDAQ:TFSL) CEO Marc A. Stefanski sold 22,000 shares of TFS Financial stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $13.13, for a total transaction of $288,860.00. Following the completion of the transaction, the chief executive officer now owns 171,784 shares of the company’s stock, valued at $2,255,523.92. This represents a 11.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

TFS Financial Stock Up 1.4 %

Shares of NASDAQ:TFSL opened at $13.19 on Friday. The company has a market capitalization of $3.70 billion, a PE ratio of 47.11 and a beta of 0.72. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.43. TFS Financial Co. has a twelve month low of $11.70 and a twelve month high of $15.00. The firm has a 50 day simple moving average of $12.96 and a 200-day simple moving average of $13.19.

TFS Financial (NASDAQ:TFSL) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.08 earnings per share for the quarter, topping 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%. On average, equities analysts predict that TFS Financial Co. will post 0.29 EPS for the current fiscal year.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.2825 per share. The ex-dividend date is Thursday, March 6th. This represents a $1.13 annualized dividend and a dividend yield of 8.57%. TFS Financial’s dividend payout ratio is presently 403.57%.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On TFS Financial

A number of institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new position in shares of TFS Financial in the 4th quarter valued at $218,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of TFS Financial by 7.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 177,841 shares of the bank’s stock valued at $2,234,000 after acquiring an additional 12,689 shares during the period. Squarepoint Ops LLC increased its holdings in shares of TFS Financial by 10.4% in the 4th quarter. Squarepoint Ops LLC now owns 95,996 shares of the bank’s stock valued at $1,206,000 after acquiring an additional 9,036 shares during the period. Quantinno Capital Management LP acquired a new position in shares of TFS Financial in the 4th quarter valued at $260,000. Finally, Occudo Quantitative Strategies LP acquired a new position in shares of TFS Financial in the 4th quarter valued at $230,000. 9.81% of the stock is owned by institutional investors and hedge funds.

About TFS Financial

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.