TFS Financial (NASDAQ:TFSL) Shares Cross Above 200-Day Moving Average – Here’s What Happened

TFS Financial Corporation (NASDAQ:TFSL)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.39 and traded as high as $14.26. TFS Financial shares last traded at $14.06, with a volume of 508,217 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TFSL shares. Wall Street Zen raised TFS Financial from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a report on Monday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

TFS Financial Trading Down 1.1%

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 stock has a market cap of $3.94 billion, a P/E ratio of 43.94 and a beta of 0.72. The firm’s fifty day moving average price is $13.78 and its two-hundred day moving average price is $13.39.

TFS Financial (NASDAQ:TFSL) last posted 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. The company had revenue of $85.48 million during the quarter, compared to analyst estimates of $84.36 million. TFS Financial had a return on equity of 4.79% and a net margin of 11.48%. As a group, equities research analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current year.

TFS Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.13 annualized dividend and a dividend yield of 8.0%. TFS Financial’s payout ratio is presently 353.13%.

Insider Activity at TFS Financial

In related news, COO Andrew J. Rubino sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $14.23, for a total value of $71,150.00. Following the sale, the chief operating officer directly owned 19,126 shares of the company’s stock, valued at $272,162.98. This trade represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Meredith S. Weil sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $13.85, for a total transaction of $207,750.00. Following the completion of the transaction, the chief financial officer directly owned 48,527 shares of the company’s stock, valued at approximately $672,098.95. This represents a 23.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 47,600 shares of company stock valued at $665,316. Company insiders own 0.95% of the company’s stock.

Institutional Investors Weigh In On TFS Financial

A number of large investors have recently added to or reduced their stakes in TFSL. Nuveen LLC bought a new stake in TFS Financial during the first quarter worth about $2,341,000. Russell Investments Group Ltd. raised its holdings in shares of TFS Financial by 100.9% during the 1st quarter. Russell Investments Group Ltd. now owns 8,283 shares of the bank’s stock valued at $103,000 after buying an additional 4,161 shares in the last quarter. AlphaQuest LLC lifted its position in TFS Financial by 194.4% in the 1st quarter. AlphaQuest LLC now owns 7,921 shares of the bank’s stock worth $98,000 after buying an additional 5,230 shares during the last quarter. Quarry LP boosted its stake in TFS Financial by 260.1% in the first quarter. Quarry LP now owns 3,993 shares of the bank’s stock worth $49,000 after buying an additional 2,884 shares in the last quarter. Finally, FJ Capital Management LLC grew its position in TFS Financial by 6.7% during the first quarter. FJ Capital Management LLC now owns 362,562 shares of the bank’s stock valued at $4,492,000 after acquiring an additional 22,806 shares during the last quarter. Hedge funds and other 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.