MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Raises Stock Position in TFS Financial Co. (NASDAQ:TFSL)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) by 5.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 931,874 shares of the bank's stock after buying an additional 47,310 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.33% of TFS Financial worth $11,704,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Aquatic Capital Management LLC purchased a new position in shares of TFS Financial during the 4th quarter valued at approximately $43,000. Ancora Advisors LLC increased its holdings in shares of TFS Financial by 128.8% during the 4th quarter. Ancora Advisors LLC now owns 3,553 shares of the bank's stock valued at $45,000 after purchasing an additional 2,000 shares in the last quarter. Quent Capital LLC increased its holdings in shares of TFS Financial by 68.0% during the 4th quarter. Quent Capital LLC now owns 3,700 shares of the bank's stock valued at $46,000 after purchasing an additional 1,497 shares in the last quarter. Deutsche Bank AG purchased a new position in shares of TFS Financial during the 4th quarter valued at approximately $47,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of TFS Financial by 78.4% during the 4th quarter. Russell Investments Group Ltd. now owns 4,122 shares of the bank's stock valued at $52,000 after purchasing an additional 1,811 shares in the last quarter. 9.81% of the stock is owned by hedge funds and other institutional investors.

TFS Financial Price Performance

NASDAQ TFSL traded down $0.01 on Thursday, hitting $13.19. The company had a trading volume of 33,353 shares, compared to its average volume of 289,315. The company has a market capitalization of $3.70 billion, a PE ratio of 47.14 and a beta of 0.78. The company's fifty day moving average price is $12.62 and its 200-day moving average price is $13.00. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54. 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 issued its quarterly earnings results on Wednesday, April 30th. The bank reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The company had revenue of $79.12 million during the quarter, compared to analyst estimates of $69.42 million. TFS Financial had a net margin of 10.58% and a return on equity of 4.28%. As a group, analysts predict that TFS Financial Co. will post 0.29 earnings per share for the current year.

Insider Buying and Selling

In other TFS Financial news, insider Andrew J. Rubino sold 6,000 shares of TFS Financial stock in a transaction on Monday, May 5th. The shares were sold at an average price of $13.61, for a total transaction of $81,660.00. Following the sale, the insider now owns 24,126 shares of the company's stock, valued at $328,354.86. The trade was a 19.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Anthony J. Asher sold 13,500 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $12.15, for a total transaction of $164,025.00. Following the transaction, the director now directly 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. In the last quarter, insiders sold 182,067 shares of company stock valued at $2,404,606. 0.95% of the stock is 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.