TFS Financial (NASDAQ:TFSL) Director Barbara J. Anderson Sells 12,000 Shares

Key Points

• Director Selling: TFS Financial Corporation's Director Barbara J. Anderson sold 12,000 shares, reducing her position by 85.11%, with the sale valued at $156,600.
• Stock Performance: The stock is currently trading at $13.05, with a market capitalization of $3.66 billion and recent earnings per share (EPS) of $0.08.
• Dividend Announcement: TFS Financial recently declared a quarterly dividend of $0.2825, yielding 8.7%, with a significantly high payout ratio of 389.66%.

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) Director Barbara J. Anderson sold 12,000 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $13.05, for a total value of $156,600.00. Following the sale, the director owned 2,100 shares of the company's stock, valued at approximately $27,405. This represents a 85.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

TFS Financial Stock Up 3.8%

TFS Financial stock traded up $0.50 during trading on Friday, hitting $13.75. 344,274 shares of the company were exchanged, compared to its average volume of 326,142. The business's 50 day moving average is $12.98 and its 200 day moving average is $12.90. TFS Financial Corporation has a 52 week low of $11.29 and a 52 week high of $14.99. The company has a market capitalization of $3.86 billion, a P/E ratio of 47.42 and a beta of 0.75. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.59.

TFS Financial (NASDAQ:TFSL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. TFS Financial had a return on equity of 4.40% and a net margin of 10.67%.The business had revenue of $82.04 million during the quarter, compared to the consensus estimate of $80.30 million. Analysts predict that TFS Financial Corporation will post 0.29 earnings per share for the current year.

TFS Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Tuesday, June 10th were issued a dividend of $0.2825 per share. The ex-dividend date was Tuesday, June 10th. This represents a $1.13 annualized dividend and a yield of 8.2%. TFS Financial's dividend payout ratio is 389.66%.

Institutional Investors Weigh In On TFS Financial

Several institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its holdings in TFS Financial by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,559,629 shares of the bank's stock worth $32,150,000 after buying an additional 43,064 shares in the last quarter. Bank of New York Mellon Corp grew its stake in TFS Financial by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,540,799 shares of the bank's stock valued at $19,953,000 after purchasing an additional 46,080 shares during the period. Cramer Rosenthal Mcglynn LLC grew its stake in TFS Financial by 6.4% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,388,669 shares of the bank's stock valued at $17,206,000 after purchasing an additional 84,002 shares during the period. Geode Capital Management LLC grew its stake in TFS Financial by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank's stock valued at $14,949,000 after purchasing an additional 23,622 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in TFS Financial by 5.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,019,107 shares of the bank's stock valued at $13,197,000 after purchasing an additional 52,350 shares during the period. Institutional investors own 9.81% of the company's stock.

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.