TFS Financial Co. (NASDAQ:TFSL) Insider Russell C. Holmes Sells 8,358 Shares
TFS Financial Co. (NASDAQ:TFSL – Get Free Report) insider Russell C. Holmes sold 8,358 shares of TFS Financial stock in a transaction on Friday, December 8th. The shares were sold at an average price of $13.45, for a total value of $112,415.10. Following the sale, the insider now directly owns 9,482 shares of the company’s stock, valued at approximately $127,532.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
TFS Financial Stock Up 0.2 %
TFSL traded up $0.03 during trading on Tuesday, reaching $13.78. 437,950 shares of the stock traded hands, compared to its average volume of 326,296. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 50.93 and a beta of 0.59. TFS Financial Co. has a fifty-two week low of $10.97 and a fifty-two week high of $15.15. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.64 and a quick ratio of 1.64. The stock’s 50-day simple moving average is $12.48 and its two-hundred day simple moving average is $12.87.
TFS Financial (NASDAQ:TFSL – Get Free Report) last announced its quarterly earnings results on Thursday, October 26th. The bank reported $0.07 earnings per share for the quarter. TFS Financial had a return on equity of 4.01% and a net margin of 11.88%. The company had revenue of $75.46 million during the quarter.
TFS Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Wednesday, November 29th will be paid a $0.2825 dividend. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.20%. TFS Financial’s payout ratio is presently 418.52%.
Hedge Funds Weigh In On TFS Financial
Institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of TFS Financial by 5,545.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750 shares of the bank’s stock worth $25,000 after purchasing an additional 1,719 shares during the period. Compass Wealth Management LLC increased its stake in shares of TFS Financial by 71.4% in the second quarter. Compass Wealth Management LLC now owns 2,400 shares of the bank’s stock worth $30,000 after purchasing an additional 1,000 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of TFS Financial by 228.3% in the second quarter. PNC Financial Services Group Inc. now owns 2,676 shares of the bank’s stock worth $34,000 after purchasing an additional 1,861 shares during the period. Global Retirement Partners LLC increased its stake in shares of TFS Financial by 59.7% in the first quarter. Global Retirement Partners LLC now owns 4,832 shares of the bank’s stock worth $55,000 after purchasing an additional 1,806 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of TFS Financial by 41.6% in the third quarter. Royal Bank of Canada now owns 4,663 shares of the bank’s stock worth $61,000 after purchasing an additional 1,370 shares during the period. 9.49% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on TFS Financial in a research report on Thursday, October 5th. They set a “sell” rating for the company.
Read Our Latest Stock Report on TFS Financial
TFS Financial Company Profile (Get Free Report)
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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Original: MarketBeat News Feed: TFS Financial Co. (NASDAQ:TFSL) Insider Russell C. Holmes Sells 8,358 Shares