TFS Financial (NASDAQ:TFSL) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of TFS Financial (NASDAQ:TFSL – Get Rating) in a research note issued to investors on Thursday. The brokerage issued a sell rating on the bank’s stock.

TFS Financial Trading Down 2.9 %

NASDAQ:TFSL opened at $12.76 on Thursday. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 2.70. The business’s 50 day moving average is $14.22 and its two-hundred day moving average is $13.91. TFS Financial has a 52 week low of $11.82 and a 52 week high of $17.24. The company has a market cap of $3.58 billion, a PE ratio of 44.00 and a beta of 0.49.

TFS Financial (NASDAQ:TFSL – Get Rating) last released its earnings results on Thursday, January 26th. The bank reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. TFS Financial had a return on equity of 4.42% and a net margin of 16.90%. The company had revenue of $80.31 million for the quarter, compared to the consensus estimate of $81.60 million. On average, analysts predict that TFS Financial will post 0.27 EPS for the current year.

TFS Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 21st. Investors of record on Tuesday, March 7th will be issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a dividend yield of 8.86%. The ex-dividend date of this dividend is Monday, March 6th. TFS Financial’s dividend payout ratio (DPR) is 389.67%.

Institutional Trading of TFS Financial

Hedge funds have recently made changes to their positions in the stock. Signaturefd LLC lifted its holdings in shares of TFS Financial by 19.6% in the 3rd quarter. Signaturefd LLC now owns 9,487 shares of the bank’s stock worth $123,000 after purchasing an additional 1,552 shares during the last quarter. Alaska Permanent Fund Corp lifted its holdings in shares of TFS Financial by 2.1% in the 3rd quarter. Alaska Permanent Fund Corp now owns 176,861 shares of the bank’s stock worth $2,299,000 after purchasing an additional 3,578 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in TFS Financial in the 3rd quarter valued at approximately $182,000. Versor Investments LP acquired a new stake in TFS Financial in the 3rd quarter valued at approximately $225,000. Finally, ETF Managers Group LLC increased its position in TFS Financial by 5.4% in the 3rd quarter. ETF Managers Group LLC now owns 41,837 shares of the bank’s stock valued at $544,000 after acquiring an additional 2,160 shares during the period. Institutional investors own 8.64% of the company’s stock.

About TFS Financial

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TFS Financial Corp. is a holding company, which engages in the provision of retail consumer banking services. It offers mortgage lending, deposit gathering, and other insignificant financial services. The company was founded in 1938 and is headquartered in Cleveland, OH.