TFS Financial (NASDAQ:TFSL) Rating Lowered to Sell at Wall Street Zen

TFS Financial (NASDAQ:TFSL) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

TFSL has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 29th. Piper Sandler initiated coverage on TFS Financial in a research report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price objective on the stock. Finally, Zacks Research upgraded TFS Financial to a “hold” rating in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $15.00.

TFS Financial Price Performance

TFSL stock opened at $14.07 on Friday. The stock has a market cap of $3.95 billion, a PE ratio of 43.97 and a beta of 0.73. TFS Financial has a 12 month low of $11.29 and a 12 month high of $14.73. The company has a 50-day moving average price of $14.04 and a 200 day moving average price of $13.57. The company has a current ratio of 1.54, a quick ratio of 1.53 and a debt-to-equity ratio of 2.57.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a return on equity of 4.80% and a net margin of 11.29%.The firm had revenue of $83.73 million during the quarter, compared to the consensus estimate of $84.97 million. Equities research analysts anticipate that TFS Financial will post 0.29 earnings per share for the current year.

Insider Buying and Selling at TFS Financial

In other TFS Financial news, Director Ashley H. Williams sold 7,600 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $13.66, for a total transaction of $103,816.00. Following the transaction, the director directly owned 16,510 shares in the company, valued at $225,526.60. This represents a 31.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Andrew J. Rubino sold 5,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $14.23, for a total transaction of $71,150.00. Following the completion of the sale, the chief operating officer owned 19,126 shares of the company’s stock, valued at approximately $272,162.98. This represents a 20.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 47,600 shares of company stock valued at $665,316 in the last ninety days. 0.72% of the stock is owned by insiders.

Institutional Trading of TFS Financial

A number of hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc increased its holdings in shares of TFS Financial by 1.3% in the 2nd quarter. Legal & General Group Plc now owns 60,358 shares of the bank’s stock valued at $782,000 after acquiring an additional 789 shares during the period. Prasad Wealth Partners LLC boosted its position in TFS Financial by 9.0% during the fourth quarter. Prasad Wealth Partners LLC now owns 11,781 shares of the bank’s stock valued at $158,000 after purchasing an additional 971 shares in the last quarter. Osaic Holdings Inc. boosted its position in TFS Financial by 5.7% during the second quarter. Osaic Holdings Inc. now owns 19,762 shares of the bank’s stock valued at $256,000 after purchasing an additional 1,057 shares in the last quarter. Ameriprise Financial Inc. grew its stake in TFS Financial by 9.5% in the third quarter. Ameriprise Financial Inc. now owns 13,202 shares of the bank’s stock valued at $174,000 after purchasing an additional 1,147 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in TFS Financial by 5.9% in the second quarter. Treasurer of the State of North Carolina now owns 24,472 shares of the bank’s stock worth $317,000 after purchasing an additional 1,353 shares in the last quarter. Hedge funds and other institutional investors own 9.81% of the company’s stock.

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.