TFS Financial (NASDAQ:TFSL) COO Sells $100,188.00 in Stock

Key Points

• COO Andrew Rubino sold 6,600 shares on May 6 at an average price of $15.18 for $100,188, trimming his stake by 23.65% to 21,310 shares (about $323,486) according to the SEC filing.
• TFS Financial pays a quarterly dividend of $0.2825 (annualized $1.13), implying a 7.5% yield, but the dividend payout ratio is an elevated 342.42%, signaling potential sustainability concerns.
• The stock traded at $15.14 (up 0.8%) and sits near its 52-week high; the company has a $4.25 billion market cap and a P/E of 45.87, while analysts have an average "Hold" rating with a $15.50 target.

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) COO Andrew Rubino sold 6,600 shares of TFS Financial stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $15.18, for a total transaction of $100,188.00. Following the completion of the transaction, the chief operating officer directly owned 21,310 shares in the company, valued at approximately $323,485.80. The trade was a 23.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

TFS Financial Stock Up 0.8%

Shares of NASDAQ TFSL traded up $0.12 during midday trading on Wednesday, reaching $15.14. The company's stock had a trading volume of 309,741 shares, compared to its average volume of 737,480. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.60. TFS Financial Corporation has a fifty-two week low of $12.53 and a fifty-two week high of $15.58. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 45.87 and a beta of 0.70. The stock has a 50 day simple moving average of $14.23 and a 200-day simple moving average of $14.10.

TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share for the quarter, hitting analysts' consensus estimates of $0.08. The business had revenue of $85.24 million for the quarter, compared to the consensus estimate of $84.70 million. TFS Financial had a net margin of 11.42% and a return on equity of 4.91%. Equities research analysts predict that TFS Financial Corporation will post 0.34 earnings per share for the current year.

TFS Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th were given a dividend of $0.2825 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $1.13 annualized dividend and a yield of 7.5%. TFS Financial's dividend payout ratio is currently 342.42%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TFSL. Gator Capital Management LLC acquired a new position in TFS Financial during the fourth quarter worth about $6,290,000. Lakewood Capital Management LP increased its stake in shares of TFS Financial by 19.9% in the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank's stock valued at $33,377,000 after buying an additional 420,000 shares during the period. Norges Bank acquired a new position in shares of TFS Financial in the fourth quarter valued at approximately $5,248,000. State Street Corp increased its stake in shares of TFS Financial by 24.6% in the fourth quarter. State Street Corp now owns 1,966,004 shares of the bank's stock valued at $26,305,000 after buying an additional 387,992 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of TFS Financial by 23.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,869,302 shares of the bank's stock valued at $25,011,000 after buying an additional 352,093 shares during the period. Institutional investors and hedge funds own 9.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Piper Sandler upped their price objective on shares of TFS Financial from $15.00 to $16.00 and gave the stock a "neutral" rating in a research report on Monday. Zacks Research raised TFS Financial to a "hold" rating in a research note on Monday, January 19th. Weiss Ratings reissued a "buy (b-)" rating on shares of TFS Financial in a research note on Friday, March 27th. Keefe, Bruyette & Woods boosted their target price on TFS Financial from $14.00 to $15.00 and gave the stock a "market perform" rating in a research note on Monday. Finally, Wall Street Zen downgraded TFS Financial from a "hold" rating to a "sell" rating in a research note on Saturday, January 31st. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $15.50.

TFS Financial Company Profile

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank's lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.

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