TFS Financial (NASDAQ:TFSL) CEO Marc A. Stefanski Sells 7,200 Shares

Key Points

• TFS Financial CEO Marc Stefanski sold 7,200 shares of the company's stock for a total of $102,024 at an average price of $14.17.
• The company has declared a quarterly dividend of $0.2825 per share, with a dividend yield of 8.2%, and the ex-dividend date set for September 10th.
• TFS Financial's recent earnings report showed an EPS of $0.08, meeting analyst expectations, and revenue of $82.04 million exceeding estimates of $80.30 million.

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) CEO Marc A. Stefanski sold 7,200 shares of the firm's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $14.17, for a total value of $102,024.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

TFS Financial Trading Down 0.1%

Shares of TFS Financial stock traded down $0.01 during trading hours on Friday, reaching $13.61. The stock had a trading volume of 382,341 shares, compared to its average volume of 336,640. The firm has a 50 day simple moving average of $13.20 and a two-hundred day simple moving average of $12.92. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 46.93 and a beta of 0.74. 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 Corporation has a 1 year low of $11.29 and a 1 year high of $14.99.

TFS Financial (NASDAQ:TFSL - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The bank reported $0.08 EPS for the quarter, hitting analysts' consensus estimates of $0.08. TFS Financial had a return on equity of 4.40% and a net margin of 10.67%.The company had revenue of $82.04 million for the quarter, compared to the consensus estimate of $80.30 million. As a group, equities research analysts anticipate that TFS Financial Corporation will post 0.29 earnings per share for the current year.

TFS Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be paid a $0.2825 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.3%. TFS Financial's dividend payout ratio (DPR) is 389.66%.

Institutional Investors Weigh In On TFS Financial

A number of large investors have recently modified their holdings of the stock. Legal & General Group Plc grew its stake in shares of TFS Financial by 1.3% in the second quarter. Legal & General Group Plc now owns 60,358 shares of the bank's stock valued at $782,000 after buying an additional 789 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of TFS Financial by 2.8% in the first quarter. Cetera Investment Advisers now owns 31,137 shares of the bank's stock valued at $386,000 after buying an additional 837 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of TFS Financial by 5.7% in the second quarter. Osaic Holdings Inc. now owns 19,762 shares of the bank's stock valued at $256,000 after buying an additional 1,057 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of TFS Financial by 5.4% in the second quarter. Parallel Advisors LLC now owns 25,793 shares of the bank's stock valued at $334,000 after buying an additional 1,319 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in TFS Financial by 5.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 24,472 shares of the bank's stock valued at $317,000 after purchasing an additional 1,353 shares in the last quarter. Institutional investors and hedge funds 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.