TFS Financial Co. (TFSL) Director Sells $401,660.00 in Stock

TFS Financial Co. (NASDAQ:TFSL) Director Ben S. Stefanski III sold 26,600 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $15.10, for a total value of $401,660.00. Following the transaction, the director now owns 48,700 shares in the company, valued at $735,370. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

TFS Financial Co. (NASDAQ TFSL) opened at $15.26 on Thursday. The company has a current ratio of 1.56, a quick ratio of 1.55 and a debt-to-equity ratio of 2.21. TFS Financial Co. has a 12-month low of $14.32 and a 12-month high of $17.82. The firm has a market capitalization of $4,221.33, a P/E ratio of 45.54 and a beta of 0.43.

TFS Financial (NASDAQ:TFSL) last issued its earnings results on Tuesday, January 30th. The bank reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. TFS Financial had a return on equity of 5.54% and a net margin of 20.32%. The company had revenue of $69.99 million for the quarter, compared to analyst estimates of $70.60 million. During the same period in the prior year, the firm earned $0.07 earnings per share. TFS Financial’s revenue for the quarter was up 2.6% on a year-over-year basis. research analysts predict that TFS Financial Co. will post 0.32 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the company. Teachers Advisors LLC raised its position in shares of TFS Financial by 5.1% during the fourth quarter. Teachers Advisors LLC now owns 247,931 shares of the bank’s stock worth $3,704,000 after purchasing an additional 12,013 shares during the period. Two Sigma Investments LP acquired a new position in shares of TFS Financial during the fourth quarter worth approximately $167,000. Goldman Sachs Group Inc. raised its position in shares of TFS Financial by 80.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 211,628 shares of the bank’s stock worth $3,162,000 after purchasing an additional 94,241 shares during the period. Deutsche Bank AG raised its position in shares of TFS Financial by 61.3% during the fourth quarter. Deutsche Bank AG now owns 300,739 shares of the bank’s stock worth $4,492,000 after purchasing an additional 114,236 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of TFS Financial by 1.4% during the fourth quarter. Renaissance Technologies LLC now owns 6,406,222 shares of the bank’s stock worth $95,709,000 after purchasing an additional 89,770 shares during the period. 11.01% of the stock is currently owned by institutional investors.

A number of research firms have issued reports on TFSL. ValuEngine cut TFS Financial from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. BidaskClub raised TFS Financial from a “sell” rating to a “hold” rating in a research report on Saturday, February 3rd. Finally, TheStreet raised TFS Financial from a “c+” rating to a “b-” rating in a research report on Monday, October 30th.

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TFS Financial Company Profile

TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.

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