Key Points
- Director Anthony Asher bought 1,439 shares on Dec. 15 at an average price of $13.89 (≈$19,987.71), raising his stake to 39,114 shares — a 3.82% increase.
- The company paid a quarterly dividend of $0.2825 (annualized $1.13) on Dec. 16, yielding 8.1%, but the dividend payout ratio is an unusually high 353.13%.
- TFS Financial reported Q3 EPS of $0.09, beating estimates by $0.01 on $85.48M revenue; the stock trades at a PE of 43.75 and carries a consensus analyst rating of "Buy".
TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) Director Anthony Asher bought 1,439 shares of the stock in a transaction on Monday, December 15th. The stock was bought at an average price of $13.89 per share, for a total transaction of $19,987.71. Following the completion of the purchase, the director directly owned 39,114 shares in the company, valued at approximately $543,293.46. The trade was a 3.82% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
TFS Financial Price Performance
Shares of NASDAQ TFSL opened at $14.00 on Wednesday. The stock has a fifty day moving average price of $13.68 and a 200 day moving average price of $13.36. TFS Financial Corporation has a 1-year low of $11.29 and a 1-year high of $14.73. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.53. The company has a market cap of $3.93 billion, a PE ratio of 43.75 and a beta of 0.72.
TFS Financial (NASDAQ:TFSL - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The bank reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. TFS Financial had a net margin of 11.48% and a return on equity of 4.79%. The company had revenue of $85.48 million for the quarter, compared to analysts' expectations of $84.36 million. Sell-side analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current year.
TFS Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd were given a $0.2825 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $1.13 dividend on an annualized basis and a yield of 8.1%. TFS Financial's dividend payout ratio (DPR) is presently 353.13%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Lakewood Capital Management LP boosted its position in TFS Financial by 19.9% during the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank's stock worth $33,377,000 after purchasing an additional 420,000 shares in the last quarter. Norges Bank acquired a new position in shares of TFS Financial during the 2nd quarter worth $5,220,000. Two Sigma Investments LP boosted its position in shares of TFS Financial by 289.6% in the 3rd quarter. Two Sigma Investments LP now owns 254,651 shares of the bank's stock worth $3,355,000 after buying an additional 189,282 shares in the last quarter. Nuveen LLC purchased a new stake in shares of TFS Financial in the 1st quarter worth about $2,341,000. Finally, Bank of America Corp DE grew its stake in TFS Financial by 28.0% in the 3rd quarter. Bank of America Corp DE now owns 834,794 shares of the bank's stock valued at $10,998,000 after acquiring an additional 182,810 shares during the last quarter. 9.81% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
TFSL has been the topic of several recent analyst reports. Weiss Ratings reiterated a "buy (b-)" rating on shares of TFS Financial in a research report on Monday. Wall Street Zen raised TFS Financial from a "sell" rating to a "hold" rating in a report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy".
Get Our Latest Stock Analysis on TFS Financial
TFS Financial Company Profile
(
Get Free Report)
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.
Further Reading

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