Millennium Management LLC Sells 25,485 Shares of TFS Financial Co. (NASDAQ:TFSL)

Millennium Management LLC lessened its holdings in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) by 71.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,138 shares of the bank's stock after selling 25,485 shares during the period. Millennium Management LLC's holdings in TFS Financial were worth $127,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 during the last quarter. Graham Capital Management L.P. boosted its holdings in TFS Financial by 86.1% during the fourth quarter. Graham Capital Management L.P. now owns 26,727 shares of the bank's stock worth $336,000 after buying an additional 12,367 shares in the last quarter. FJ Capital Management LLC lifted its position in shares of TFS Financial by 3.4% in the 4th quarter. FJ Capital Management LLC now owns 339,756 shares of the bank's stock valued at $4,267,000 after acquiring an additional 11,183 shares in the last quarter. Deutsche Bank AG purchased a new stake in shares of TFS Financial in the 4th quarter valued at approximately $47,000. Finally, D. E. Shaw & Co. Inc. purchased a new stake in shares of TFS Financial in the 4th quarter valued at approximately $230,000. Institutional investors own 9.81% of the company's stock.

TFS Financial Trading Down 2.2%

Shares of NASDAQ:TFSL traded down $0.29 during mid-day trading on Friday, hitting $12.70. The stock had a trading volume of 386,870 shares, compared to its average volume of 291,362. TFS Financial Co. has a 12-month low of $11.29 and a 12-month high of $15.00. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.54 and a current ratio of 1.54. The company has a market cap of $3.57 billion, a PE ratio of 45.36 and a beta of 0.74. The company's 50 day moving average is $12.95 and its 200-day moving average is $12.90.

TFS Financial (NASDAQ:TFSL - Get Free Report) last released its earnings results on Wednesday, April 30th. The bank reported $0.07 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.07. TFS Financial had a net margin of 10.58% and a return on equity of 4.28%. The company had revenue of $79.12 million during the quarter, compared to the consensus estimate of $69.42 million. On average, sell-side analysts predict that TFS Financial Co. will post 0.29 EPS for the current year.

TFS Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th will be given a $0.2825 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.13 dividend on an annualized basis and a yield of 8.90%. TFS Financial's payout ratio is 403.57%.

Insiders Place Their Bets

In other news, Director Anthony J. Asher sold 59,507 shares of the firm's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $13.40, for a total transaction of $797,393.80. Following the transaction, the director now owns 100 shares in the company, valued at approximately $1,340. This trade represents a 99.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Gavin B. Stefanski sold 3,505 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $13.47, for a total transaction of $47,212.35. Following the transaction, the insider now owns 32,766 shares in the company, valued at $441,358.02. This represents a 9.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 84,012 shares of company stock worth $1,128,466 in the last quarter. 0.95% of the stock is currently owned by corporate 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.