BNP Paribas Financial Markets Has $108,000 Stake in TFS Financial Co. (NASDAQ:TFSL)

BNP Paribas Financial Markets lifted its holdings in TFS Financial Co. (NASDAQ:TFSL) by 814.2% during the 3rd quarter, Holdings Channel reports. The fund owned 8,420 shares of the bank’s stock after acquiring an additional 7,499 shares during the quarter. BNP Paribas Financial Markets’ holdings in TFS Financial were worth $108,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of TFSL. Allspring Global Investments Holdings LLC grew its holdings in shares of TFS Financial by 44.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,194 shares of the bank’s stock worth $41,000 after purchasing an additional 976 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in TFS Financial during the 2nd quarter worth about $139,000. SG Americas Securities LLC grew its holdings in TFS Financial by 12.6% during the 2nd quarter. SG Americas Securities LLC now owns 12,179 shares of the bank’s stock worth $154,000 after acquiring an additional 1,361 shares during the last quarter. Nisa Investment Advisors LLC increased its position in TFS Financial by 125.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 12,600 shares of the bank’s stock valued at $162,000 after acquiring an additional 7,000 shares in the last quarter. Finally, Ariadne Wealth Management LP acquired a new stake in TFS Financial in the 2nd quarter valued at about $173,000. 9.81% of the stock is currently owned by institutional investors.

TFS Financial Trading Down 4.4 %

TFSL stock opened at $12.62 on Thursday. The business has a fifty day moving average of $13.53 and a 200-day moving average of $13.17. The company has a market cap of $3.54 billion, a P/E ratio of 46.74 and a beta of 0.69. TFS Financial Co. has a twelve month low of $11.70 and a twelve month high of $15.25. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 2.57.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Wednesday, October 30th. The bank reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The firm had revenue of $194.94 million during the quarter. TFS Financial had a return on equity of 4.22% and a net margin of 10.49%. During the same period in the prior year, the firm posted $0.07 earnings per share. As a group, equities research analysts expect that TFS Financial Co. will post 0.26 EPS for the current year.

TFS Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd were issued a $0.2825 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $1.13 annualized dividend and a yield of 8.95%. TFS Financial’s dividend payout ratio is currently 418.52%.

Analyst Ratings Changes

Separately, Piper Sandler reissued a “neutral” rating and set a $15.00 price target on shares of TFS Financial in a research note on Friday, November 22nd.

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.