TFS Financial Co. (NASDAQ:TFSL) Position Increased by Invesco Ltd.

Invesco Ltd. boosted its holdings in shares of TFS Financial Co. (NASDAQ:TFSL) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,660 shares of the bank’s stock after buying an additional 2,995 shares during the quarter. Invesco Ltd.’s holdings in TFS Financial were worth $1,490,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Russell Investments Group Ltd. increased its position in TFS Financial by 78.4% during the fourth quarter. Russell Investments Group Ltd. now owns 4,122 shares of the bank’s stock worth $52,000 after buying an additional 1,811 shares during the last quarter. Wells Fargo & Company MN increased its position in TFS Financial by 17.2% during the fourth quarter. Wells Fargo & Company MN now owns 11,948 shares of the bank’s stock worth $150,000 after buying an additional 1,750 shares during the last quarter. ExodusPoint Capital Management LP increased its position in TFS Financial by 125.0% during the fourth quarter. ExodusPoint Capital Management LP now owns 55,686 shares of the bank’s stock worth $699,000 after buying an additional 30,937 shares during the last quarter. Geode Capital Management LLC increased its position in TFS Financial by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 1,095,481 shares of the bank’s stock worth $13,763,000 after buying an additional 14,280 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in TFS Financial by 10.9% during the fourth quarter. Alliancebernstein L.P. now owns 65,052 shares of the bank’s stock worth $817,000 after buying an additional 6,390 shares during the last quarter. 9.81% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at TFS Financial

In other news, Director Anthony J. Asher sold 13,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $12.15, for a total transaction of $164,025.00. Following the completion of the transaction, the director now directly owns 59,607 shares in the company, valued at $724,225.05. The trade was a 18.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Cathy W. Zbanek sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $13.72, for a total value of $274,400.00. Following the transaction, the insider now owns 88,197 shares of the company’s stock, valued at approximately $1,210,062.84. This trade represents a 18.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 118,055 shares of company stock worth $1,550,540 over the last three months. 0.95% of the stock is currently owned by insiders.

TFS Financial Trading Down 1.1 %

TFS Financial stock opened at $12.96 on Thursday. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 46.29 and a beta of 0.62. TFS Financial Co. has a one year low of $11.29 and a one year high of $15.00. The company’s fifty day moving average price is $12.42 and its two-hundred day moving average price is $12.96.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. TFS Financial had a return on equity of 4.28% and a net margin of 10.58%. On average, analysts forecast that TFS Financial Co. will post 0.29 earnings per share for the current fiscal year.

TFS Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.72%. TFS Financial’s dividend payout ratio (DPR) is presently 403.57%.

About TFS Financial

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.