Insider Selling: TFS Financial (NASDAQ:TFSL) CEO Sells 1,000 Shares of Stock

TFS Financial Corporation (NASDAQ:TFSL) CEO Marc Stefanski sold 1,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $15.00, for a total value of $15,000.00. Following the completion of the transaction, the chief executive officer directly owned 108,841 shares of the company’s stock, valued at approximately $1,632,615. This trade represents a 0.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

TFS Financial Stock Performance

TFS Financial stock traded down $0.05 on Wednesday, hitting $15.28. The company’s stock had a trading volume of 28,623 shares, compared to its average volume of 688,527. TFS Financial Corporation has a one year low of $11.29 and a one year high of $15.42. The firm has a market cap of $4.29 billion, a P/E ratio of 47.91 and a beta of 0.73. 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 company has a fifty day moving average price of $14.19 and a 200-day moving average price of $13.75.

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

TFS Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd were given a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a dividend yield of 7.4%. The ex-dividend date was Tuesday, December 2nd. TFS Financial’s dividend payout ratio (DPR) is 353.13%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On TFS Financial

Institutional investors and hedge funds have recently made changes to their positions in the company. Quent Capital LLC acquired a new position in TFS Financial during the 3rd quarter valued at about $27,000. Empowered Funds LLC bought a new stake in shares of TFS Financial in the fourth quarter worth about $28,000. Comerica Bank boosted its holdings in shares of TFS Financial by 263.8% in the fourth quarter. Comerica Bank now owns 2,445 shares of the bank’s stock valued at $33,000 after buying an additional 1,773 shares during the period. Danske Bank A S bought a new position in TFS Financial during the 3rd quarter worth about $47,000. Finally, Elevation Wealth Partners LLC bought a new position in shares of TFS Financial during the fourth quarter worth about $49,000. Institutional investors own 9.81% of the company’s stock.

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.