Signature Estate & Investment Advisors LLC Invests $498,000 in TFS Financial Corporation $TFSL

Signature Estate & Investment Advisors LLC acquired a new position in shares of TFS Financial Corporation (NASDAQ:TFSL) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,775 shares of the bank’s stock, valued at approximately $498,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Creative Planning lifted its stake in TFS Financial by 117.7% in the 2nd quarter. Creative Planning now owns 75,076 shares of the bank’s stock valued at $972,000 after acquiring an additional 40,594 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of TFS Financial by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank’s stock worth $14,949,000 after acquiring an additional 23,622 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its holdings in shares of TFS Financial by 124.6% in the second quarter. Vestmark Advisory Solutions Inc. now owns 87,736 shares of the bank’s stock valued at $1,136,000 after purchasing an additional 48,673 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its holdings in shares of TFS Financial by 415.6% in the second quarter. Campbell & CO Investment Adviser LLC now owns 70,920 shares of the bank’s stock valued at $918,000 after purchasing an additional 57,166 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of TFS Financial by 3.1% in the second quarter. Bank of New York Mellon Corp now owns 1,540,799 shares of the bank’s stock worth $19,953,000 after purchasing an additional 46,080 shares in the last quarter. 9.81% of the stock is owned by institutional investors and hedge funds.

TFS Financial Price Performance

Shares of NASDAQ TFSL opened at $14.97 on Tuesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.60. The business’s 50 day moving average price is $14.07 and its two-hundred day moving average price is $13.65. The company has a market cap of $4.20 billion, a PE ratio of 46.78 and a beta of 0.73. TFS Financial Corporation has a twelve month low of $11.29 and a twelve month high of $15.04.

TFS Financial (NASDAQ:TFSL) last issued its earnings results on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a return on equity of 4.79% and a net margin of 11.29%.The business had revenue of $83.73 million for the quarter, compared to the consensus estimate of $84.97 million. On average, analysts predict that TFS Financial Corporation will post 0.29 EPS for the current year.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Tuesday, December 2nd were given a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.13 annualized dividend and a dividend yield of 7.5%. TFS Financial’s dividend payout ratio is presently 353.13%.

Insider Activity at TFS Financial

In other TFS Financial news, Director Ashley H. Williams sold 7,600 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $13.66, for a total transaction of $103,816.00. Following the completion of the sale, the director directly owned 16,510 shares in the company, valued at $225,526.60. This trade represents a 31.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Cathy W. Zbanek sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $14.13, for a total value of $282,600.00. Following the sale, the insider owned 53,197 shares of the company’s stock, valued at approximately $751,673.61. This represents a 27.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,600 shares of company stock worth $821,626 in the last quarter. 0.72% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TFSL shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 29th. Piper Sandler started coverage on TFS Financial in a report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price objective for the company. Zacks Research upgraded TFS Financial to a “hold” rating in a report on Monday, January 19th. Finally, Wall Street Zen cut TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday, January 31st. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $15.00.

TFS Financial 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.