Quantinno Capital Management LP Invests $260,000 in TFS Financial Co. (NASDAQ:TFSL)

Quantinno Capital Management LP acquired a new stake in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,696 shares of the bank's stock, valued at approximately $260,000.

A number of other institutional investors have also recently made changes to their positions in TFSL. Occudo Quantitative Strategies LP purchased a new position in shares of TFS Financial during the fourth quarter valued at approximately $230,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in TFS Financial by 5.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 931,874 shares of the bank's stock worth $11,704,000 after purchasing an additional 47,310 shares in the last quarter. Graham Capital Management L.P. lifted its position in shares of TFS Financial by 86.1% in the 4th quarter. Graham Capital Management L.P. now owns 26,727 shares of the bank's stock worth $336,000 after purchasing an additional 12,367 shares during the period. FJ Capital Management LLC boosted its stake in shares of TFS Financial by 3.4% during the 4th quarter. FJ Capital Management LLC now owns 339,756 shares of the bank's stock valued at $4,267,000 after purchasing an additional 11,183 shares in the last quarter. Finally, Deutsche Bank AG purchased a new position in shares of TFS Financial during the fourth quarter valued at about $47,000. Hedge funds and other institutional investors own 9.81% of the company's stock.

Insider Activity

In other TFS Financial news, insider Andrew J. Rubino sold 6,000 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $13.61, for a total value of $81,660.00. Following the sale, the insider now directly owns 24,126 shares of the company's stock, 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 legal filing with the SEC, which can be accessed through this link. Also, Director Anthony J. Asher sold 13,500 shares of the company'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 in the company, valued at approximately $724,225.05. The trade was a 18.47% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 115,067 shares of company stock worth $1,525,446. Insiders own 0.95% of the company's stock.

TFS Financial Stock Up 0.1%

Shares of NASDAQ:TFSL traded up $0.01 during trading on Friday, hitting $13.26. The stock had a trading volume of 291,067 shares, compared to its average volume of 291,045. The company has a market capitalization of $3.72 billion, a PE ratio of 47.36 and a beta of 0.78. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 2.43. The firm's fifty day moving average is $12.75 and its 200 day moving average is $12.97. TFS Financial Co. has a 12 month low of $11.29 and a 12 month high of $15.00.

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

TFS Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th will be paid a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.52%. The ex-dividend date of this dividend is Tuesday, June 10th. TFS Financial's dividend payout ratio is 403.57%.

TFS Financial Company 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.