TFS Financial (NASDAQ:TFSL) Share Price Crosses Above 200 Day Moving Average - What's Next?

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.85 and traded as high as $13.09. TFS Financial shares last traded at $13.04, with a volume of 316,200 shares trading hands.

TFS Financial Trading Down 0.2%

The company has a market cap of $3.66 billion, a PE ratio of 46.54 and a beta of 0.74. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 2.42. The business has a 50 day simple moving average of $13.12 and a two-hundred day simple moving average of $12.86.

TFS Financial (NASDAQ:TFSL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The bank reported $0.07 EPS for the quarter, hitting analysts' consensus estimates 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 net margin of 10.57% and a return on equity of 4.30%. On average, analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current fiscal year.

TFS Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th were paid a $0.2825 dividend. The ex-dividend date was Tuesday, June 10th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.67%. TFS Financial's payout ratio is currently 403.57%.

Insider Activity

In other news, Director Anthony J. Asher sold 59,507 shares of TFS Financial stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $13.40, for a total value of $797,393.80. Following the completion of the transaction, the director owned 100 shares of the company's stock, valued at $1,340. The trade was a 99.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Meredith S. Weil sold 15,000 shares of the business's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $13.48, for a total value of $202,200.00. Following the sale, the chief financial officer owned 78,527 shares of the company's stock, valued at approximately $1,058,543.96. This represents a 16.04% 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 worth $1,128,466 in the last 90 days. 0.95% of the stock is owned by company insiders.

Institutional Investors Weigh In On TFS Financial

A number of institutional investors have recently added to or reduced their stakes in the stock. HB Wealth Management LLC lifted its stake in TFS Financial by 75.3% during the 2nd quarter. HB Wealth Management LLC now owns 17,558 shares of the bank's stock worth $227,000 after acquiring an additional 7,543 shares in the last quarter. Vision Capital Management Inc. lifted its stake in shares of TFS Financial by 6.4% during the second quarter. Vision Capital Management Inc. now owns 97,880 shares of the bank's stock worth $1,268,000 after purchasing an additional 5,849 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of TFS Financial in the second quarter worth about $25,000. Parallel Advisors LLC grew its holdings in shares of TFS Financial by 5.4% during the second quarter. Parallel Advisors LLC now owns 25,793 shares of the bank's stock valued at $334,000 after purchasing an additional 1,319 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in TFS Financial by 64.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 91,920 shares of the bank's stock worth $1,139,000 after buying an additional 36,004 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.