TFS Financial (NASDAQ:TFSL) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.83 and traded as high as $13.42. TFS Financial shares last traded at $13.28, with a volume of 321,425 shares trading hands.

TFS Financial Stock Performance

The firm's 50 day moving average is $13.17 and its 200-day moving average is $12.84. The company has a debt-to-equity ratio of 2.42, a quick ratio of 1.51 and a current ratio of 1.51. The company has a market cap of $3.65 billion, a PE ratio of 46.43 and a beta of 0.74.

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

TFS Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th were issued 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 dividend yield of 8.69%. TFS Financial's payout ratio is 403.57%.

Insider Activity

In related news, CFO Meredith S. Weil sold 15,000 shares of the stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $13.48, for a total value of $202,200.00. Following the transaction, the chief financial officer directly owned 78,527 shares of the company's stock, valued at $1,058,543.96. This trade represents a 16.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Gavin B. Stefanski sold 3,505 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $13.47, for a total transaction of $47,212.35. Following the transaction, the insider directly owned 32,766 shares in the company, valued at $441,358.02. The trade was a 9.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 84,012 shares of company stock valued at $1,128,466 over the last quarter. Company insiders own 0.95% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TFSL. US Bancorp DE grew its position in TFS Financial by 6.2% during the 4th quarter. US Bancorp DE now owns 18,568 shares of the bank's stock worth $233,000 after purchasing an additional 1,085 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of TFS Financial by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 320,015 shares of the bank's stock worth $4,019,000 after acquiring an additional 3,277 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of TFS Financial in the 4th quarter worth $198,000. Frank Rimerman Advisors LLC lifted its stake in shares of TFS Financial by 27.3% in the 4th quarter. Frank Rimerman Advisors LLC now owns 15,877 shares of the bank's stock worth $199,000 after acquiring an additional 3,406 shares during the period. Finally, Corient Private Wealth LLC acquired a new stake in shares of TFS Financial in the 4th quarter worth $146,000. 9.81% of the stock is owned by hedge funds and other institutional investors.

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.