Key Points
- CEO Marc Stefanski sold 36,844 shares on Feb. 17 at an average price of $15.12 for about $557,081, cutting his stake by ~33.85% to 71,997 shares (≈$1.09M remaining value).
- TFS Financial missed recent quarterly estimates (EPS $0.08 vs. $0.09 consensus; revenue $83.73M vs. $84.97M) and the stock trades at a PE of 47.13 with a market cap of $4.23 billion.
- Market signals are mixed: the consensus analyst rating is a Hold with a $15 target and some bullish coverage/technical upgrades exist, but the sizeable insider sales (including a smaller Feb. 13 sale) and only ~9.8% institutional ownership are potential negatives.
TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) CEO Marc Stefanski sold 1,000 shares of TFS Financial stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $15.00, for a total transaction of $15,000.00. Following the transaction, the chief executive officer directly owned 108,841 shares in the company, valued at approximately $1,632,615. This represents a 0.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
TFS Financial Stock Performance
TFSL stock opened at $15.08 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.60. The firm has a market cap of $4.23 billion, a PE ratio of 47.13 and a beta of 0.73. The business has a 50 day moving average of $14.22 and a 200-day moving average of $13.76. TFS Financial Corporation has a 12-month low of $11.29 and a 12-month high of $15.42.
TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.01). The business had revenue of $83.73 million for the quarter, compared to the consensus estimate of $84.97 million. TFS Financial had a return on equity of 4.79% and a net margin of 11.29%. As a group, sell-side analysts expect that TFS Financial Corporation will post 0.29 earnings per share for the current year.
Institutional Trading of TFS Financial
Several institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its position in TFS Financial by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,931,751 shares of the bank's stock worth $39,227,000 after acquiring an additional 65,669 shares in the last quarter. Lakewood Capital Management LP boosted its stake in shares of TFS Financial by 19.9% during the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank's stock valued at $33,377,000 after purchasing an additional 420,000 shares during the period. State Street Corp grew its holdings 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 acquiring an additional 387,992 shares during the last quarter. Bank of New York Mellon Corp raised its stake 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 valued at $25,011,000 after acquiring an additional 352,093 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of TFS Financial by 2.1% during the second quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank's stock worth $14,949,000 after purchasing an additional 23,622 shares during the period. Hedge funds and other institutional investors own 9.81% of the company's stock.
Wall Street Analysts Forecast Growth
TFSL has been the topic of a number of research analyst reports. Piper Sandler started coverage on shares of TFS Financial in a research note on Friday, January 16th. They issued a "neutral" rating and a $15.00 target price on the stock. Zacks Research raised TFS Financial to a "hold" rating in a research report on Monday, January 19th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of TFS Financial in a research report on Monday, December 29th. Finally, Wall Street Zen lowered TFS Financial from a "hold" rating to a "sell" rating in a report on Saturday, January 31st. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $15.00.
Get Our Latest Stock Report on TFSL
TFS Financial Company Profile
(
Get Free Report)
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.
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