Gavin Stefanski Sells 7,000 Shares of TFS Financial (NASDAQ:TFSL) Stock

TFS Financial Corporation (NASDAQ:TFSL) insider Gavin Stefanski sold 7,000 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $14.97, for a total transaction of $104,790.00. Following the completion of the sale, the insider owned 25,766 shares in the company, valued at $385,717.02. This represents a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

TFS Financial Trading Up 0.4%

TFS Financial stock opened at $14.27 on Wednesday. The business has a 50 day moving average price of $14.28 and a two-hundred day moving average price of $13.82. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.60. TFS Financial Corporation has a 12 month low of $11.29 and a 12 month high of $15.42. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 44.60 and a beta of 0.73.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). The firm had revenue of $83.73 million for the quarter, compared to analyst estimates of $84.97 million. TFS Financial had a return on equity of 4.79% and a net margin of 11.29%. As a group, equities analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TFSL. DGS Capital Management LLC bought a new position in TFS Financial in the 4th quarter valued at $140,000. Corient Private Wealth LLC increased its stake in shares of TFS Financial by 21.0% in the fourth quarter. Corient Private Wealth LLC now owns 23,263 shares of the bank’s stock valued at $311,000 after buying an additional 4,038 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of TFS Financial by 74.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 32,636 shares of the bank’s stock valued at $437,000 after buying an additional 13,953 shares during the last quarter. Empowered Funds LLC acquired a new position in TFS Financial during the 4th quarter worth about $28,000. Finally, VARCOV Co. bought a new stake in TFS Financial during the 4th quarter worth about $146,000. 9.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TFSL shares. Wall Street Zen cut shares of TFS Financial from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Piper Sandler assumed coverage on TFS Financial in a research note on Friday, January 16th. They issued a “neutral” rating and a $15.00 price objective on the stock. Zacks Research raised TFS Financial to a “hold” rating in a report on Monday, January 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $15.00.

About TFS Financial

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.