Timothy W. Mulhern Sells 3,482 Shares of TFS Financial Co. (NASDAQ:TFSL) Stock

TFS Financial Co. (NASDAQ:TFSLGet Rating) CFO Timothy W. Mulhern sold 3,482 shares of the stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of $13.73, for a total transaction of $47,807.86. The sale was disclosed in a document filed with the SEC, which is available at this link.

TFS Financial Trading Down 0.6 %

Shares of TFS Financial stock opened at $13.64 on Friday. The firm has a 50-day moving average of $14.36 and a 200-day moving average of $14.86. The stock has a market cap of $3.83 billion, a PE ratio of 56.84 and a beta of 0.49. TFS Financial Co. has a 52-week low of $12.81 and a 52-week high of $20.50. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.55 and a current ratio of 1.55.

TFS Financial (NASDAQ:TFSLGet Rating) last issued its earnings results on Thursday, July 28th. The bank reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The firm had revenue of $76.98 million during the quarter, compared to the consensus estimate of $71.00 million. TFS Financial had a return on equity of 3.73% and a net margin of 16.11%. As a group, sell-side analysts forecast that TFS Financial Co. will post 0.26 EPS for the current year.

TFS Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 20th. Investors of record on Tuesday, September 6th will be issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 8.28%. The ex-dividend date of this dividend is Friday, September 2nd. TFS Financial’s payout ratio is presently 470.85%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of TFS Financial from a “sell” rating to a “hold” rating in a research note on Saturday, July 30th.

Hedge Funds Weigh In On TFS Financial

A number of institutional investors and hedge funds have recently modified their holdings of TFSL. Rhumbline Advisers raised its position in TFS Financial by 1.8% in the 4th quarter. Rhumbline Advisers now owns 44,668 shares of the bank’s stock valued at $798,000 after buying an additional 788 shares during the last quarter. Mraz Amerine & Associates Inc. boosted its position in shares of TFS Financial by 7.4% during the 1st quarter. Mraz Amerine & Associates Inc. now owns 11,888 shares of the bank’s stock valued at $197,000 after acquiring an additional 818 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in shares of TFS Financial by 8.2% during the 1st quarter. Teacher Retirement System of Texas now owns 11,637 shares of the bank’s stock valued at $193,000 after buying an additional 880 shares in the last quarter. Raymond James & Associates raised its holdings in shares of TFS Financial by 11.2% during the 4th quarter. Raymond James & Associates now owns 11,827 shares of the bank’s stock valued at $211,000 after buying an additional 1,190 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in shares of TFS Financial by 181.6% during the 1st quarter. Quadrant Capital Group LLC now owns 2,008 shares of the bank’s stock valued at $33,000 after buying an additional 1,295 shares in the last quarter. 8.99% of the stock is currently owned by institutional investors.

About TFS Financial

(Get Rating)

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.

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