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

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 TFS Financial stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $13.05, for a total transaction of $156,600.00. Following the sale, the director directly owned 2,100 shares in the company, valued at $27,405. The trade was a 85.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

TFS Financial Trading Up 0.3%

Shares of TFSL traded up $0.0450 during trading hours on Thursday, reaching $13.2650. 62,116 shares of the company traded hands, compared to its average volume of 328,272. The company's fifty day moving average price is $12.95 and its two-hundred day moving average price is $12.91. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 45.74 and a beta of 0.75. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 2.59. TFS Financial Corporation has a 12 month low of $11.29 and a 12 month high of $14.99.

TFS Financial (NASDAQ:TFSL - Get Free Report) last announced its earnings results on Wednesday, July 30th. The bank reported $0.08 earnings per share for the quarter, meeting analysts' consensus estimates of $0.08. The firm had revenue of $82.04 million for the quarter, compared to analyst estimates of $80.30 million. TFS Financial had a net margin of 10.67% and a return on equity of 4.40%. Equities research analysts predict that TFS Financial Corporation will post 0.29 earnings per share for the current fiscal year.

TFS Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th were paid a dividend of $0.2825 per share. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.5%. TFS Financial's payout ratio is presently 389.66%.

Institutional Investors Weigh In On TFS Financial

Several hedge funds have recently bought and sold shares of TFSL. Alliancebernstein L.P. boosted its stake in TFS Financial by 10.9% during the fourth quarter. Alliancebernstein L.P. now owns 65,052 shares of the bank's stock worth $817,000 after acquiring an additional 6,390 shares in the last quarter. Geode Capital Management LLC boosted its stake in TFS Financial by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 1,095,481 shares of the bank's stock worth $13,763,000 after acquiring an additional 14,280 shares in the last quarter. Wells Fargo & Company MN boosted its stake in TFS Financial by 17.2% during the fourth quarter. Wells Fargo & Company MN now owns 11,948 shares of the bank's stock worth $150,000 after acquiring an additional 1,750 shares in the last quarter. Russell Investments Group Ltd. boosted its stake 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 in the last quarter. Finally, Invesco Ltd. boosted its stake in TFS Financial by 2.6% during the fourth quarter. Invesco Ltd. now owns 118,660 shares of the bank's stock worth $1,490,000 after acquiring an additional 2,995 shares in the last quarter. Institutional investors own 9.81% of the company's stock.

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.