TFS Financial (NASDAQ:TFSL) COO Andrew Rubino Sells 6,600 Shares

TFS Financial Corporation (NASDAQ:TFSL) COO Andrew Rubino sold 6,600 shares of TFS Financial stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $15.18, for a total transaction of $100,188.00. Following the completion of the sale, the chief operating officer owned 21,310 shares in the company, valued at $323,485.80. The trade was a 23.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

TFS Financial Stock Up 0.5%

Shares of TFSL stock opened at $15.10 on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.60. TFS Financial Corporation has a 1 year low of $12.53 and a 1 year high of $15.58. The firm’s fifty day moving average price is $14.25 and its two-hundred day moving average price is $14.11. The firm has a market capitalization of $4.24 billion, a P/E ratio of 45.76 and a beta of 0.70.

TFS Financial (NASDAQ:TFSL) last issued its quarterly earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. TFS Financial had a net margin of 11.42% and a return on equity of 4.91%. The firm had revenue of $85.24 million for the quarter, compared to analyst estimates of $84.70 million. On average, equities analysts predict that TFS Financial Corporation will post 0.34 EPS for the current fiscal year.

TFS Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were paid a dividend of $0.2825 per share. The ex-dividend date was Wednesday, March 11th. This represents a $1.13 annualized dividend and a dividend yield of 7.5%. TFS Financial’s payout ratio is currently 342.42%.

Analyst Upgrades and Downgrades

TFSL has been the topic of several recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a research note on Friday, March 27th. Piper Sandler boosted their price objective on shares of TFS Financial from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday. Zacks Research upgraded shares of TFS Financial to a “hold” rating in a research note on Monday, January 19th. Keefe, Bruyette & Woods boosted their price objective on shares of TFS Financial from $14.00 to $15.00 and gave the stock a “market perform” rating in a research note on Monday. Finally, Wall Street Zen lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $15.50.

Institutional Trading of TFS Financial

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC boosted its holdings in shares of TFS Financial by 2.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 45,418 shares of the bank’s stock worth $638,000 after buying an additional 1,155 shares during the period. Abel Hall LLC bought a new stake in shares of TFS Financial during the 1st quarter worth about $180,000. HB Wealth Management LLC boosted its holdings in shares of TFS Financial by 10.9% during the 1st quarter. HB Wealth Management LLC now owns 24,735 shares of the bank’s stock worth $348,000 after buying an additional 2,434 shares during the period. Keybank National Association OH bought a new stake in shares of TFS Financial during the 1st quarter worth about $252,000. Finally, Inspire Investing LLC boosted its holdings in shares of TFS Financial by 4.8% during the 1st quarter. Inspire Investing LLC now owns 36,592 shares of the bank’s stock worth $514,000 after buying an additional 1,661 shares during the period. Institutional investors own 9.81% of the company’s stock.

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.