TFS Financial Co. (NASDAQ:TFSL) Director Barbara J. Anderson Sells 1,500 Shares

TFS Financial Co. (NASDAQ:TFSL) Director Barbara J. Anderson sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $14.30, for a total transaction of $21,450.00. Following the completion of the sale, the director now directly owns 200 shares of the company’s stock, valued at approximately $2,860. This represents a 88.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

TFS Financial Price Performance

NASDAQ:TFSL traded up $0.01 during midday trading on Monday, hitting $14.26. 6,588 shares of the stock were exchanged, compared to its average volume of 265,769. The business has a 50-day moving average price of $13.12 and a two-hundred day moving average price of $13.06. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.52. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of 52.78 and a beta of 0.68. TFS Financial Co. has a one year low of $11.70 and a one year high of $15.25.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Wednesday, October 30th. The bank reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $194.94 million during the quarter. TFS Financial had a return on equity of 4.20% and a net margin of 10.49%. During the same quarter last year, the company earned $0.07 EPS.

TFS Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th were paid a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.13 annualized dividend and a dividend yield of 7.92%. TFS Financial’s dividend payout ratio is currently 418.52%.

Institutional Trading of TFS Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in TFSL. Dimensional Fund Advisors LP grew its position in TFS Financial by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,476,938 shares of the bank’s stock worth $31,258,000 after buying an additional 122,562 shares during the last quarter. Creative Planning grew its holdings in shares of TFS Financial by 13.9% in the 3rd quarter. Creative Planning now owns 43,818 shares of the bank’s stock worth $564,000 after acquiring an additional 5,350 shares during the last quarter. Vanguard Group Inc. raised its position in shares of TFS Financial by 0.5% during the first quarter. Vanguard Group Inc. now owns 5,215,605 shares of the bank’s stock worth $65,508,000 after purchasing an additional 23,668 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of TFS Financial by 44.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,194 shares of the bank’s stock valued at $41,000 after purchasing an additional 976 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of TFS Financial in the 2nd quarter valued at $915,000. 9.81% of the stock is owned by institutional investors and hedge funds.

About TFS Financial

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.