TFS Financial (NASDAQ:TFSL) Lowered to “Sell” Rating by Wall Street Zen

TFS Financial (NASDAQ:TFSL) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

TFSL has been the subject of several other research reports. Piper Sandler started coverage on TFS Financial in a report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price target for the company. Zacks Research raised shares of TFS Financial to a “hold” rating in a research report on Monday, January 19th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TFS Financial currently has a consensus rating of “Hold” and a consensus target price of $15.00.

TFS Financial Price Performance

NASDAQ TFSL opened at $14.07 on Friday. The firm’s fifty day simple moving average is $14.04 and its two-hundred day simple moving average is $13.57. The firm has a market capitalization of $3.95 billion, a P/E ratio of 43.97 and a beta of 0.73. The company has a current ratio of 1.54, a quick ratio of 1.53 and a debt-to-equity ratio of 2.57. TFS Financial has a 12-month low of $11.29 and a 12-month high of $14.73.

TFS Financial (NASDAQ:TFSL) last issued its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a net margin of 11.29% and a return on equity of 4.80%. The business had revenue of $83.73 million for the quarter, compared to analysts’ expectations of $84.97 million. Analysts forecast that TFS Financial will post 0.29 EPS for the current fiscal year.

Insider Buying and Selling at TFS Financial

In related news, CFO Meredith S. Weil sold 15,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $13.85, for a total transaction of $207,750.00. Following the completion of the transaction, the chief financial officer directly owned 48,527 shares in the company, valued at $672,098.95. The trade was a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Andrew J. Rubino sold 5,000 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $14.23, for a total transaction of $71,150.00. Following the completion of the sale, the chief operating officer directly owned 19,126 shares in the company, valued at approximately $272,162.98. The trade was a 20.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 47,600 shares of company stock valued at $665,316 over the last quarter. Insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On TFS Financial

A number of institutional investors have recently modified their holdings of TFSL. Creative Planning boosted its stake in shares of TFS Financial by 117.7% in the second quarter. Creative Planning now owns 75,076 shares of the bank’s stock worth $972,000 after buying an additional 40,594 shares during the last quarter. Geode Capital Management LLC raised its position in TFS Financial by 2.1% during the second quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank’s stock valued at $14,949,000 after acquiring an additional 23,622 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in TFS Financial by 124.6% in the second quarter. Vestmark Advisory Solutions Inc. now owns 87,736 shares of the bank’s stock valued at $1,136,000 after acquiring an additional 48,673 shares during the period. Campbell & CO Investment Adviser LLC boosted its position in TFS Financial by 415.6% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 70,920 shares of the bank’s stock worth $918,000 after purchasing an additional 57,166 shares in the last quarter. Finally, HB Wealth Management LLC boosted its position in TFS Financial by 75.3% in the 2nd quarter. HB Wealth Management LLC now owns 17,558 shares of the bank’s stock worth $227,000 after purchasing an additional 7,543 shares in the last quarter. Hedge funds and other institutional investors own 9.81% of the company’s stock.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.