Inspire Investing LLC Purchases 4,107 Shares of TFS Financial Co. (NASDAQ:TFSL)

Inspire Investing LLC boosted its position in TFS Financial Co. (NASDAQ:TFSL) by 14.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 31,945 shares of the bank’s stock after acquiring an additional 4,107 shares during the period. Inspire Investing LLC’s holdings in TFS Financial were worth $411,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. PNC Financial Services Group Inc. grew its stake in TFS Financial by 106.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,875 shares of the bank’s stock valued at $28,000 after buying an additional 965 shares in the last quarter. Kapitalo Investimentos Ltda purchased a new stake in TFS Financial in the 4th quarter worth approximately $49,000. Allspring Global Investments Holdings LLC boosted its holdings in TFS Financial by 585.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,008 shares of the bank’s stock valued at $25,000 after purchasing an additional 1,715 shares during the period. Sequoia Financial Advisors LLC bought a new position in shares of TFS Financial in the first quarter worth $126,000. Finally, BNP Paribas Financial Markets boosted its stake in TFS Financial by 65.0% during the first quarter. BNP Paribas Financial Markets now owns 2,328 shares of the bank’s stock valued at $29,000 after buying an additional 917 shares during the period. 9.81% of the stock is owned by hedge funds and other institutional investors.

TFS Financial Stock Performance

NASDAQ:TFSL opened at $13.12 on Friday. TFS Financial Co. has a twelve month low of $10.97 and a twelve month high of $15.25. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.52. The stock has a market cap of $3.68 billion, a P/E ratio of 46.86 and a beta of 0.68. The business’s 50-day moving average price is $13.07 and its two-hundred day moving average price is $12.87.

TFS Financial (NASDAQ:TFSL) last announced its earnings results on Tuesday, July 30th. The bank reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $191.15 million during the quarter. TFS Financial had a net margin of 10.97% and a return on equity of 4.25%.

TFS Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.2825 per share. The ex-dividend date was Tuesday, September 10th. This represents a $1.13 dividend on an annualized basis and a yield of 8.61%. TFS Financial’s payout ratio is 403.57%.

Insiders Place Their Bets

In other news, CEO Marc A. Stefanski sold 16,000 shares of the stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $12.82, for a total transaction of $205,120.00. Following the transaction, the chief executive officer now directly owns 227,080 shares in the company, valued at approximately $2,911,165.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Marc A. Stefanski sold 16,000 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $12.82, for a total value of $205,120.00. Following the completion of the sale, the chief executive officer now owns 227,080 shares of the company’s stock, valued at approximately $2,911,165.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Meredith S. Weil sold 6,500 shares of TFS Financial stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $13.09, for a total transaction of $85,085.00. Following the completion of the transaction, the chief financial officer now owns 91,216 shares in the company, valued at approximately $1,194,017.44. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 42,500 shares of company stock valued at $546,605 over the last 90 days. Insiders own 1.13% of the company’s stock.

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.