TFS Financial Co. (NASDAQ:TFSL) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of TFS Financial Co. (NASDAQ:TFSL - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,280,564 shares of the bank's stock after acquiring an additional 76,919 shares during the quarter. Vanguard Group Inc. owned about 1.88% of TFS Financial worth $66,324,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quent Capital LLC increased its position in shares of TFS Financial by 68.0% during the fourth quarter. Quent Capital LLC now owns 3,700 shares of the bank's stock worth $46,000 after purchasing an additional 1,497 shares in the last quarter. BNP Paribas Financial Markets increased its position in TFS Financial by 814.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,420 shares of the bank's stock valued at $108,000 after buying an additional 7,499 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of TFS Financial during the fourth quarter worth about $126,000. SBI Securities Co. Ltd. purchased a new position in TFS Financial in the 4th quarter worth $132,000. Finally, AXQ Capital LP purchased a new stake in TFS Financial in the fourth quarter valued at approximately $139,000. Hedge funds and other institutional investors own 9.81% of the company's stock.

Insider Activity at TFS Financial

In related news, CEO Marc A. Stefanski sold 22,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $13.13, for a total value of $288,860.00. Following the completion of the sale, the chief executive officer now owns 171,784 shares of the company's stock, valued at approximately $2,255,523.92. The trade was a 11.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Anthony J. Asher sold 13,500 shares of TFS Financial 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 completion of the sale, the director now owns 59,607 shares in the company, valued at approximately $724,225.05. This trade represents a 18.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 118,055 shares of company stock worth $1,550,540. 0.95% of the stock is owned by company insiders.

TFS Financial Stock Performance

NASDAQ:TFSL traded up $0.01 during mid-day trading on Wednesday, hitting $12.08. The company's stock had a trading volume of 33,014 shares, compared to its average volume of 283,886. The business's fifty day moving average is $12.61 and its two-hundred day moving average is $12.96. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 43.20 and a beta of 0.62. 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 1 year low of $11.29 and a 1 year high of $15.00.

TFS Financial (NASDAQ:TFSL - Get Free Report) last posted its earnings results on Tuesday, February 4th. The bank reported $0.08 EPS for the quarter, topping the consensus estimate of $0.06 by $0.02. TFS Financial had a return on equity of 4.28% and a net margin of 10.58%. Analysts anticipate that TFS Financial Co. will post 0.29 EPS for the current fiscal year.

TFS Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a yield of 9.36%. The ex-dividend date was Thursday, March 6th. TFS Financial's dividend payout ratio (DPR) is presently 403.57%.

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.