TFS Financial (NASDAQ:TFSL) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Shares of TFS Financial Corporation (NASDAQ:TFSL) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.63 and traded as high as $16.73. TFS Financial shares last traded at $16.61, with a volume of 788,223 shares trading hands.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TFSL shares. Piper Sandler increased their price objective on TFS Financial from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TFS Financial in a research note on Friday, March 27th. Keefe, Bruyette & Woods upped their target price on TFS Financial from $14.00 to $15.00 and gave the company a “market perform” rating in a report on Monday, May 4th. Finally, Wall Street Zen lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $15.50.

TFS Financial Price Performance

The company’s 50-day simple moving average is $15.57 and its 200 day simple moving average is $14.63. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 2.67. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of 50.33 and a beta of 0.72.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $85.24 million during the quarter, compared to the consensus estimate of $84.70 million. TFS Financial had a return on equity of 4.89% and a net margin of 11.42%. Equities research analysts forecast that TFS Financial Corporation will post 0.34 EPS for the current year.

TFS Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 6.8%. The ex-dividend date is Wednesday, June 10th. TFS Financial’s payout ratio is 342.42%.

Insider Buying and Selling

In other news, Director Daniel F. Weir acquired 7,000 shares of TFS Financial stock in a transaction dated Friday, May 29th. The stock was acquired at an average cost of $15.85 per share, for a total transaction of $110,950.00. Following the completion of the purchase, the director owned 49,943 shares of the company’s stock, valued at $791,596.55. This represents a 16.30% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Andrew J. Rubino sold 6,600 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $15.18, for a total transaction of $100,188.00. Following the sale, the chief operating officer directly owned 21,310 shares of the company’s stock, valued at approximately $323,485.80. This represents a 23.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders bought 35,000 shares of company stock worth $529,200 and sold 38,777 shares worth $595,709. 0.72% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TFSL. Gator Capital Management LLC bought a new stake in TFS Financial during the fourth quarter valued at about $6,290,000. Lakewood Capital Management LP grew its holdings in TFS Financial by 19.9% in the 3rd quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank’s stock valued at $33,377,000 after buying an additional 420,000 shares during the last quarter. Norges Bank bought a new position in TFS Financial in the 4th quarter worth approximately $5,248,000. State Street Corp increased its position in TFS Financial by 24.6% in the 4th quarter. State Street Corp now owns 1,966,004 shares of the bank’s stock worth $26,305,000 after buying an additional 387,992 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of TFS Financial by 23.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,869,302 shares of the bank’s stock worth $25,011,000 after buying an additional 352,093 shares during the last quarter. Institutional investors own 9.81% of the company’s stock.

TFS Financial Company Profile

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.