Cathy Zbanek Sells 10,000 Shares of TFS Financial (NASDAQ:TFSL) Stock

TFS Financial Corporation (NASDAQ:TFSL) insider Cathy Zbanek sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $15.26, for a total value of $152,600.00. Following the transaction, the insider owned 61,101 shares of the company’s stock, valued at approximately $932,401.26. This represents a 14.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

TFS Financial Stock Up 0.8%

TFSL opened at $15.86 on Friday. TFS Financial Corporation has a 12 month low of $12.53 and a 12 month high of $15.89. The company has a debt-to-equity ratio of 2.67, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market cap of $4.45 billion, a P/E ratio of 48.06 and a beta of 0.70. The stock’s 50 day moving average price is $14.50 and its 200 day moving average price is $14.26.

TFS Financial (NASDAQ:TFSL) last announced its earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. TFS Financial had a return on equity of 4.89% and a net margin of 11.42%.The firm had revenue of $85.24 million for the quarter, compared to the consensus estimate of $84.70 million. As a group, research analysts predict that TFS Financial Corporation will post 0.34 earnings per share for the current year.

TFS Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th were paid a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Wednesday, March 11th. TFS Financial’s payout ratio is currently 342.42%.

Institutional Trading of TFS Financial

Hedge funds and other institutional investors have recently modified their holdings of the company. UBS Group AG boosted its stake 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 in the last quarter. Lakewood Capital Management LP raised its position in TFS Financial by 19.9% in the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock worth $33,377,000 after acquiring an additional 420,000 shares in the last quarter. SG Americas Securities LLC lifted its holdings in TFS Financial by 253.0% in the 4th quarter. SG Americas Securities LLC now owns 55,950 shares of the bank’s stock valued at $749,000 after acquiring an additional 40,098 shares during the last quarter. Signature Estate & Investment Advisors LLC acquired a new stake in TFS Financial in the 3rd quarter valued at about $498,000. Finally, Parallel Advisors LLC boosted its position in shares of TFS Financial by 4.6% during the 4th quarter. Parallel Advisors LLC now owns 26,837 shares of the bank’s stock valued at $359,000 after purchasing an additional 1,183 shares in the last quarter. Institutional investors own 9.81% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on TFSL. Piper Sandler increased their target price on shares of TFS Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Keefe, Bruyette & Woods boosted their price target on shares of TFS Financial from $14.00 to $15.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TFS Financial in a research note on Friday, March 27th. Finally, Wall Street Zen upgraded shares of TFS Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One investment 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, TFS Financial presently has an average rating of “Hold” and an average price target of $15.50.

TFS Financial Company Profile

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.