US Bancorp DE Sells 890 Shares of TFS Financial Co. (NASDAQ:TFSL)

US Bancorp DE lessened its holdings in TFS Financial Co. (NASDAQ:TFSL) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,483 shares of the bank’s stock after selling 890 shares during the period. US Bancorp DE’s holdings in TFS Financial were worth $225,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TFSL. Allspring Global Investments Holdings LLC increased its holdings in shares of TFS Financial by 585.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,008 shares of the bank’s stock worth $25,000 after buying an additional 1,715 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of TFS Financial by 65.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,328 shares of the bank’s stock valued at $29,000 after purchasing an additional 917 shares during the last quarter. EntryPoint Capital LLC bought a new position in shares of TFS Financial during the 1st quarter valued at approximately $113,000. Evergreen Capital Management LLC bought a new position in shares of TFS Financial during the 2nd quarter valued at approximately $139,000. Finally, SG Americas Securities LLC boosted its stake in TFS Financial by 12.6% during the second quarter. SG Americas Securities LLC now owns 12,179 shares of the bank’s stock worth $154,000 after buying an additional 1,361 shares during the period. Hedge funds and other institutional investors own 9.81% of the company’s stock.

TFS Financial Trading Up 0.7 %

Shares of TFSL opened at $14.38 on Friday. The company’s fifty day simple moving average is $13.08 and its 200-day simple moving average is $13.03. The company has a market cap of $4.04 billion, a P/E ratio of 53.56 and a beta of 0.68. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.52. TFS Financial Co. has a twelve month low of $11.70 and a twelve month high of $15.25.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Wednesday, October 30th. The bank reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The company had revenue of $194.94 million for the quarter. TFS Financial had a net margin of 10.49% and a return on equity of 4.20%. During the same period last year, the company earned $0.07 earnings per share.

TFS Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th were paid a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date was Tuesday, September 10th. TFS Financial’s dividend payout ratio is currently 418.53%.

Insider Activity at TFS Financial

In other news, CFO Meredith S. Weil sold 6,500 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $13.09, for a total value of $85,085.00. Following the transaction, the chief financial officer now directly owns 91,216 shares in the company, valued at approximately $1,194,017.44. This represents a 6.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Marc A. Stefanski sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $12.82, for a total transaction of $256,400.00. Following the completion of the transaction, the chief executive officer now directly owns 37,150 shares in the company, valued at $476,263. This represents a 35.00 % decrease in their position. The disclosure for this sale can be found here. 1.13% of the stock is owned by company insiders.

TFS Financial Company 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.