TFS Financial (NASDAQ:TFSL) Share Price Passes Above 200-Day Moving Average – Should You Sell?

TFS Financial Corporation (NASDAQ:TFSL) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.86 and traded as high as $14.10. TFS Financial shares last traded at $14.05, with a volume of 872,363 shares trading hands.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a report on Friday, March 27th. Wall Street Zen lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday, January 31st. Piper Sandler began coverage on shares of TFS Financial in a report on Friday, January 16th. They set a “neutral” rating and a $15.00 target price on the stock. Finally, Zacks Research raised shares of TFS Financial to a “hold” rating in a research report on Monday, January 19th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $15.00.

TFS Financial Stock Up 0.5%

The firm’s 50 day moving average price is $14.21 and its two-hundred day moving average price is $13.87. The firm has a market capitalization of $4.01 billion, a PE ratio of 44.69 and a beta of 0.67. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.60.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). TFS Financial had a net margin of 11.29% and a return on equity of 4.79%. The firm had revenue of $83.73 million during the quarter, compared to analysts’ expectations of $84.97 million. As a group, research analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current fiscal year.

TFS Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 11th were issued a dividend of $0.2825 per share. The ex-dividend date was Wednesday, March 11th. This represents a $1.13 annualized dividend and a yield of 7.9%. TFS Financial’s payout ratio is currently 353.13%.

Insider Buying and Selling

In related news, Director Barbara J. Anderson sold 11,000 shares of TFS Financial stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $14.21, for a total value of $156,310.00. Following the completion of the sale, the director owned 6,200 shares in the company, valued at approximately $88,102. The trade was a 63.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Anthony J. Asher purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average cost of $13.37 per share, for a total transaction of $66,850.00. Following the completion of the acquisition, the director directly owned 49,314 shares of the company’s stock, valued at $659,328.18. This represents a 11.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 78,000 shares of company stock worth $1,164,986 over the last 90 days. 0.72% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TFS Financial

Several hedge funds and other institutional investors have recently modified their holdings of TFSL. Quent Capital LLC bought a new position in shares of TFS Financial during the third quarter worth about $27,000. Empowered Funds LLC acquired a new stake in TFS Financial during the fourth quarter valued at approximately $28,000. Comerica Bank raised its stake in TFS Financial by 263.8% during 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 in the last quarter. Danske Bank A S bought a new position in TFS Financial during the 3rd quarter worth approximately $47,000. Finally, Elevation Wealth Partners LLC acquired a new position in shares of TFS Financial in the 4th quarter worth approximately $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.