Dark Forest Capital Management LP Makes New $402,000 Investment in TFS Financial Co. (NASDAQ:TFSL)

Dark Forest Capital Management LP purchased a new position in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 31,982 shares of the bank's stock, valued at approximately $402,000.

A number of other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC boosted its holdings in shares of TFS Financial by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,081,201 shares of the bank's stock worth $13,907,000 after buying an additional 22,777 shares during the period. JPMorgan Chase & Co. grew its position in shares of TFS Financial by 6.6% in the third quarter. JPMorgan Chase & Co. now owns 28,646 shares of the bank's stock valued at $368,000 after purchasing an additional 1,784 shares during the last quarter. SG Americas Securities LLC lifted its holdings in TFS Financial by 47.4% during the 4th quarter. SG Americas Securities LLC now owns 13,962 shares of the bank's stock worth $175,000 after purchasing an additional 4,491 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of TFS Financial in the fourth quarter valued at approximately $265,000. Finally, Quent Capital LLC grew its position in TFS Financial by 68.0% during the fourth quarter. Quent Capital LLC now owns 3,700 shares of the bank's stock worth $46,000 after buying an additional 1,497 shares in the last quarter. Institutional investors and hedge funds own 9.81% of the company's stock.

TFS Financial Price Performance

NASDAQ TFSL traded up $0.28 during midday trading on Friday, hitting $13.50. The company had a trading volume of 455,452 shares, compared to its average volume of 287,525. The firm has a 50-day moving average price of $12.42 and a 200-day moving average price of $12.96. The company has a market capitalization of $3.79 billion, a PE ratio of 48.21 and a beta of 0.78. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.43. TFS Financial Co. has a twelve month low of $11.29 and a twelve month high of $15.00.

TFS Financial (NASDAQ:TFSL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The bank reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. TFS Financial had a net margin of 10.58% and a return on equity of 4.28%. The business had revenue of $79.12 million during the quarter, compared to analysts' expectations of $69.42 million. As a group, analysts anticipate that TFS Financial Co. will post 0.29 earnings per share for the current fiscal year.

TFS Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a dividend of $0.2825 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.13 annualized dividend and a dividend yield of 8.37%. TFS Financial's dividend payout ratio is 403.57%.

Insider Buying and Selling at TFS Financial

In other TFS Financial news, Director Anthony J. Asher sold 13,500 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $12.15, for a total transaction of $164,025.00. Following the completion of the transaction, the director now owns 59,607 shares of the company's stock, valued at approximately $724,225.05. The trade was a 18.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Marc A. Stefanski sold 22,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $13.13, for a total transaction of $288,860.00. Following the completion of the sale, the chief executive officer now owns 171,784 shares in the company, valued at approximately $2,255,523.92. The trade was a 11.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 118,055 shares of company stock worth $1,550,540 over the last three months. Corporate insiders own 0.95% of the company's stock.

TFS Financial Profile

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.