Anthony J. Asher Acquires 1,310 Shares of TFS Financial Co. (TFSL) Stock

TFS Financial Co. (NASDAQ:TFSL) Director Anthony J. Asher bought 1,310 shares of TFS Financial stock in a transaction that occurred on Tuesday, August 14th. The stock was purchased at an average price of $15.32 per share, for a total transaction of $20,069.20. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NASDAQ:TFSL traded up $0.12 during mid-day trading on Thursday, hitting $15.39. The company had a trading volume of 2,964 shares, compared to its average volume of 175,513. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.54 and a quick ratio of 1.54. TFS Financial Co. has a 1 year low of $14.32 and a 1 year high of $16.62. The firm has a market capitalization of $4.29 billion, a PE ratio of 47.72 and a beta of 0.38.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings data on Monday, July 30th. The bank reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). TFS Financial had a net margin of 19.03% and a return on equity of 5.33%. The company had revenue of $77.46 million during the quarter, compared to analysts’ expectations of $76.80 million. equities analysts anticipate that TFS Financial Co. will post 0.32 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC raised its position in TFS Financial by 1.6% in the second quarter. Segall Bryant & Hamill LLC now owns 202,295 shares of the bank’s stock valued at $3,190,000 after purchasing an additional 3,235 shares during the period. Swiss National Bank increased its position in shares of TFS Financial by 3.7% during the first quarter. Swiss National Bank now owns 98,000 shares of the bank’s stock worth $1,440,000 after acquiring an additional 3,500 shares during the last quarter. BW Gestao de Investimentos Ltda. increased its position in shares of TFS Financial by 12.9% during the first quarter. BW Gestao de Investimentos Ltda. now owns 37,717 shares of the bank’s stock worth $554,000 after acquiring an additional 4,300 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of TFS Financial by 234.4% during the second quarter. PNC Financial Services Group Inc. now owns 8,010 shares of the bank’s stock worth $125,000 after acquiring an additional 5,615 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of TFS Financial by 93.7% during the second quarter. BNP Paribas Arbitrage SA now owns 11,901 shares of the bank’s stock worth $188,000 after acquiring an additional 5,758 shares during the last quarter. 11.01% of the stock is currently owned by institutional investors.

TFSL has been the topic of a number of research analyst reports. BidaskClub cut TFS Financial from a “hold” rating to a “sell” rating in a report on Wednesday, May 16th. Zacks Investment Research cut TFS Financial from a “hold” rating to a “sell” rating in a report on Thursday, May 17th. Finally, ValuEngine upgraded TFS Financial from a “sell” rating to a “hold” rating in a report on Friday, June 1st.

TFS Financial Company Profile

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings accounts, checking accounts, certificate of deposit accounts, individual retirement accounts, and other qualified plan accounts. 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.

Further Reading: Market Capitalization in the Stock Market

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