TFS Financial Corporation (NASDAQ:TFSL – Get Free Report) CFO Meredith Weil sold 4,105 shares of TFS Financial stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $15.91, for a total value of $65,310.55. Following the sale, the chief financial officer directly owned 38,480 shares in the company, valued at approximately $612,216.80. The trade was a 9.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
TFS Financial Stock Down 1.2%
Shares of NASDAQ:TFSL opened at $15.86 on Thursday. The firm has a market capitalization of $4.45 billion, a P/E ratio of 48.06 and a beta of 0.72. The company has a debt-to-equity ratio of 2.67, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a 50 day moving average price of $14.94 and a 200-day moving average price of $14.40. TFS Financial Corporation has a 52-week low of $12.53 and a 52-week high of $16.20.
TFS Financial (NASDAQ:TFSL – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. The company had revenue of $85.24 million for the quarter, compared to analyst estimates of $84.70 million. TFS Financial had a return on equity of 4.89% and a net margin of 11.42%. As a group, equities research analysts anticipate that TFS Financial Corporation will post 0.34 EPS for the current fiscal year.
TFS Financial Dividend Announcement
Institutional Trading of TFS Financial
Several large investors have recently modified their holdings of TFSL. UBS Group AG grew its position in TFS Financial by 28.2% during the fourth quarter. UBS Group AG now owns 499,893 shares of the bank’s stock valued at $6,689,000 after buying an additional 110,104 shares during the period. Lakewood Capital Management LP raised its stake in TFS Financial by 19.9% during the 3rd quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock valued at $33,377,000 after purchasing an additional 420,000 shares during the period. SG Americas Securities LLC boosted its position in shares of TFS Financial by 253.0% during the fourth quarter. SG Americas Securities LLC now owns 55,950 shares of the bank’s stock worth $749,000 after acquiring an additional 40,098 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new position in shares of TFS Financial during the 3rd quarter valued at about $498,000. Finally, HB Wealth Management LLC grew its holdings in TFS Financial by 23.6% during the 4th quarter. HB Wealth Management LLC now owns 22,301 shares of the bank’s stock valued at $298,000 after buying an additional 4,252 shares in the last quarter. Institutional investors own 9.81% of the company’s stock.
Wall Street Analysts Forecast Growth
TFSL has been the topic of a number of recent research reports. Piper Sandler upped their price objective on shares of TFS Financial from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Wall Street Zen cut TFS Financial from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Keefe, Bruyette & Woods raised their price objective on TFS Financial from $14.00 to $15.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $15.50.
View Our Latest Analysis on TFS Financial
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.
Featured Articles
- Five stocks we like better than TFS Financial
- From Runway to Riches: Victoria’s Secret’s New Look
- Fifth Third’s Big Bet Is On
- Dell’s AI Toll Bridge Is Paved with Record Margins
- As AI Data Breaches Become More Common, This Cybersecurity ETF Is Surging
Receive News & Ratings for TFS Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TFS Financial and related companies with MarketBeat.com's FREE daily email newsletter.
