TFS Financial (NASDAQ:TFSL) Stock Crosses Above 200-Day Moving Average – Should You Sell?

TFS Financial Corporation (NASDAQ:TFSL)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.69 and traded as high as $17.77. TFS Financial shares last traded at $17.64, with a volume of 558,473 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Wall Street Zen upgraded TFS Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Keefe, Bruyette & Woods restated a “market perform” rating and set a $18.00 price target (up from $16.00) on shares of TFS Financial in a research report on Monday, August 3rd. Piper Sandler upped their price target on TFS Financial from $16.00 to $20.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings upgraded TFS Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $19.00.

TFS Financial Price Performance

The company has a debt-to-equity ratio of 2.97, a current ratio of 1.67 and a quick ratio of 1.58. The firm’s 50 day moving average is $17.57 and its 200 day moving average is $15.69. The firm has a market cap of $4.95 billion, a P/E ratio of 49.00 and a beta of 0.70.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Thursday, July 30th. The bank reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. TFS Financial had a net margin of 12.36% and a return on equity of 5.32%. The business had revenue of $89.27 million for the quarter, compared to analysts’ expectations of $87.05 million. As a group, analysts anticipate that TFS Financial Corporation will post 0.36 earnings per share for the current year.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were given a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Wednesday, June 10th. TFS Financial’s dividend payout ratio (DPR) is 313.89%.

Insider Buying and Selling

In other TFS Financial news, CFO Meredith S. Weil sold 4,316 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $16.80, for a total value of $72,508.80. Following the sale, the chief financial officer directly owned 38,480 shares of the company’s stock, valued at approximately $646,464. The trade was a 10.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Gavin B. Stefanski sold 6,500 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $18.35, for a total value of $119,275.00. Following the completion of the sale, the insider directly owned 19,266 shares in the company, valued at approximately $353,531.10. This represents a 25.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,921 shares of company stock worth $409,694 over the last three months. 0.72% of the stock is owned by corporate insiders.

Institutional Trading of TFS Financial

Institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG increased its holdings in TFS Financial by 28.2% in the 4th quarter. UBS Group AG now owns 499,893 shares of the bank’s stock worth $6,689,000 after buying an additional 110,104 shares in the last quarter. Gator Capital Management LLC bought a new position in TFS Financial during the 4th quarter valued at about $6,290,000. Dimensional Fund Advisors LP boosted its holdings in shares of TFS Financial by 5.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,083,792 shares of the bank’s stock valued at $43,324,000 after acquiring an additional 152,041 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of TFS Financial by 53.0% during the 1st quarter. Quantinno Capital Management LP now owns 405,322 shares of the bank’s stock valued at $5,695,000 after acquiring an additional 140,376 shares during the last quarter. Finally, CenterBook Partners LP bought a new stake in shares of TFS Financial in the fourth quarter worth approximately $1,471,000. 9.81% of the stock is currently owned by institutional investors.

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.