TFS Financial Corp. (NASDAQ:TFSL) CFO David S. Huffman sold 2,290 shares of the stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $18.69, for a total value of $42,800.10. Following the completion of the sale, the chief financial officer now owns 33,748 shares of the company’s stock, valued at $630,750.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of TFS Financial Corp. (NASDAQ:TFSL) opened at 18.86 on Friday. The firm has a 50 day moving average price of $17.99 and a 200 day moving average price of $17.94. The company has a market capitalization of $5.27 billion, a P/E ratio of 67.36 and a beta of 0.54. TFS Financial Corp. has a one year low of $15.58 and a one year high of $19.42.
TFS Financial Corp. (NASDAQ:TFSL) last released its quarterly earnings data on Thursday, October 27th. The company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.01. TFS Financial Corp. had a return on equity of 4.76% and a net margin of 19.49%. The company had revenue of $67.63 million for the quarter, compared to the consensus estimate of $67.98 million. During the same quarter last year, the business posted $0.08 EPS. TFS Financial Corp.’s revenue for the quarter was down .5% on a year-over-year basis. On average, equities research analysts predict that TFS Financial Corp. will post $0.28 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 12th. Investors of record on Tuesday, November 29th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Friday, November 25th. TFS Financial Corp.’s dividend payout ratio (DPR) is 178.57%.
Large investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc increased its stake in TFS Financial Corp. by 2.8% in the second quarter. Legal & General Group Plc now owns 7,405 shares of the company’s stock valued at $127,000 after buying an additional 203 shares during the period. Pacer Advisors Inc. increased its stake in TFS Financial Corp. by 7.5% in the third quarter. Pacer Advisors Inc. now owns 7,827 shares of the company’s stock valued at $139,000 after buying an additional 544 shares during the period. BlackRock Advisors LLC increased its stake in TFS Financial Corp. by 2.6% in the second quarter. BlackRock Advisors LLC now owns 33,411 shares of the company’s stock valued at $575,000 after buying an additional 849 shares during the period. California State Teachers Retirement System increased its stake in TFS Financial Corp. by 1.0% in the third quarter. California State Teachers Retirement System now owns 125,279 shares of the company’s stock valued at $2,231,000 after buying an additional 1,200 shares during the period. Finally, BNP Paribas Arbitrage SA increased its stake in TFS Financial Corp. by 27.1% in the third quarter. BNP Paribas Arbitrage SA now owns 6,371 shares of the company’s stock valued at $113,000 after buying an additional 1,359 shares during the period. 12.07% of the stock is currently owned by institutional investors.
Separately, Piper Jaffray Cos. downgraded TFS Financial Corp. from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, August 19th. They noted that the move was a valuation call.
TFS Financial Corp. Company Profile