Dimensional Fund Advisors LP Purchases 43,064 Shares of TFS Financial Co. (NASDAQ:TFSL)

Dimensional Fund Advisors LP boosted its stake in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,559,629 shares of the bank's stock after purchasing an additional 43,064 shares during the quarter. Dimensional Fund Advisors LP owned about 0.91% of TFS Financial worth $32,150,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Quent Capital LLC boosted its holdings in shares of TFS Financial by 68.0% during the 4th quarter. Quent Capital LLC now owns 3,700 shares of the bank's stock worth $46,000 after buying an additional 1,497 shares during the period. Russell Investments Group Ltd. lifted its position in TFS Financial by 78.4% during the fourth quarter. Russell Investments Group Ltd. now owns 4,122 shares of the bank's stock worth $52,000 after acquiring an additional 1,811 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of TFS Financial during the fourth quarter worth approximately $126,000. SBI Securities Co. Ltd. bought a new stake in shares of TFS Financial during the fourth quarter worth approximately $132,000. Finally, AXQ Capital LP acquired a new position in shares of TFS Financial in the fourth quarter valued at approximately $139,000. 9.81% of the stock is currently owned by institutional investors and hedge funds.

TFS Financial Stock Performance

Shares of NASDAQ TFSL traded down $0.11 during trading hours on Friday, reaching $13.32. 221,125 shares of the stock were exchanged, compared to its average volume of 288,914. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 47.57 and a beta of 0.78. The stock's fifty day simple moving average is $12.45 and its 200 day simple moving average is $12.98. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.54 and a current ratio of 1.54. TFS Financial Co. has a 52 week low of $11.29 and a 52 week high of $15.00.

TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The bank reported $0.07 EPS for the quarter, meeting analysts' consensus estimates of $0.07. TFS Financial had a return on equity of 4.28% and a net margin of 10.58%. The firm had revenue of $79.12 million for the quarter, compared to analyst estimates of $69.42 million. Sell-side analysts predict that TFS Financial Co. will post 0.29 EPS for the current year.

TFS Financial Announces Dividend

The firm 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. This represents a $1.13 dividend on an annualized basis and a yield of 8.48%. The ex-dividend date of this dividend was Thursday, March 6th. TFS Financial's dividend payout ratio is 403.57%.

Insider Buying and Selling

In other news, insider Andrew J. Rubino sold 6,000 shares of TFS Financial stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $13.61, for a total value of $81,660.00. Following the completion of the sale, the insider now directly owns 24,126 shares in the company, valued at approximately $328,354.86. The trade was a 19.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Anthony J. Asher sold 59,507 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $13.40, for a total value of $797,393.80. Following the sale, the director now directly owns 100 shares in the company, valued at $1,340. This represents a 99.83% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 178,562 shares of company stock valued at $2,357,394. 0.95% of the stock is owned by company insiders.

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.