TFS Financial (NASDAQ:TFSL) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.84 and traded as high as $13.01. TFS Financial shares last traded at $12.99, with a volume of 308,588 shares.

TFS Financial Stock Down 0.6%

The company has a market cap of $3.62 billion, a price-to-earnings ratio of 46.00 and a beta of 0.74. The business has a 50-day simple moving average of $13.08 and a two-hundred day simple moving average of $12.84. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 2.42.

TFS Financial (NASDAQ:TFSL - Get Free Report) last posted its earnings results on Wednesday, April 30th. The bank reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $79.12 million during the quarter, compared to analyst estimates of $69.42 million. TFS Financial had a return on equity of 4.30% and a net margin of 10.57%. As a group, equities analysts forecast that TFS Financial Corporation will post 0.29 earnings per share for the current fiscal year.

TFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Tuesday, June 10th were paid a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $1.13 dividend on an annualized basis and a yield of 8.77%. TFS Financial's payout ratio is presently 403.57%.

Insiders Place Their Bets

In other news, insider Andrew J. Rubino sold 6,000 shares of TFS Financial stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $13.61, for a total value of $81,660.00. Following the transaction, the insider now directly owns 24,126 shares in the company, valued at approximately $328,354.86. The trade was a 19.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Gavin B. Stefanski sold 3,505 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $13.47, for a total value of $47,212.35. Following the completion of the sale, the insider now directly owns 32,766 shares in the company, valued at $441,358.02. This trade represents a 9.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 84,012 shares of company stock valued at $1,128,466 in the last quarter. Insiders own 0.95% of the company's stock.

Hedge Funds Weigh In On TFS Financial

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in TFS Financial in the 4th quarter valued at $4,689,000. Nuveen LLC acquired a new position in shares of TFS Financial during the first quarter valued at about $2,341,000. Bank of America Corp DE increased its stake in TFS Financial by 39.7% during the fourth quarter. Bank of America Corp DE now owns 501,096 shares of the bank's stock valued at $6,294,000 after acquiring an additional 142,291 shares during the period. Sage Investment Counsel LLC bought a new position in TFS Financial during the fourth quarter valued at about $1,355,000. Finally, Cramer Rosenthal Mcglynn LLC raised its holdings 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 acquiring an additional 84,002 shares in the last quarter. 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.