21,066 Shares in TFS Financial Co. (NASDAQ:TFSL) Bought by Empowered Funds LLC

Empowered Funds LLC acquired a new position in shares of TFS Financial Co. (NASDAQ:TFSL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,066 shares of the bank’s stock, valued at approximately $265,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in TFS Financial by 44.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,194 shares of the bank’s stock worth $41,000 after acquiring an additional 976 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in TFS Financial by 814.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,420 shares of the bank’s stock worth $108,000 after buying an additional 7,499 shares during the period. Nisa Investment Advisors LLC lifted its holdings in TFS Financial by 125.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 12,600 shares of the bank’s stock worth $162,000 after buying an additional 7,000 shares during the period. SG Americas Securities LLC lifted its holdings in TFS Financial by 47.4% during the 4th quarter. SG Americas Securities LLC now owns 13,962 shares of the bank’s stock worth $175,000 after buying an additional 4,491 shares during the period. Finally, Paloma Partners Management Co acquired a new position in TFS Financial during the 3rd quarter worth about $252,000. Institutional investors own 9.81% of the company’s stock.

Insider Activity

In other news, insider Cathy W. Zbanek sold 20,000 shares of the business’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $13.72, for a total value of $274,400.00. Following the transaction, the insider now directly owns 88,197 shares of the company’s stock, valued at $1,210,062.84. The trade was a 18.48 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.95% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

TFS Financial Stock Down 0.7 %

Shares of TFSL opened at $13.32 on Friday. The company has a market capitalization of $3.74 billion, a PE ratio of 47.57 and a beta of 0.72. TFS Financial Co. has a 12 month low of $11.70 and a 12 month high of $14.99. The stock’s 50-day moving average price is $12.94 and its two-hundred day moving average price is $13.18. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.43.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. TFS Financial had a return on equity of 4.28% and a net margin of 10.58%. On average, analysts anticipate that TFS Financial Co. will post 0.29 EPS for the current year.

TFS Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.48%. The ex-dividend date is Thursday, March 6th. TFS Financial’s dividend payout ratio is 403.57%.

TFS Financial Profile

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.