TFS Financial (NASDAQ:TFSL) COO Andrew Rubino Sells 5,000 Shares
TFS Financial's COO Andrew Rubino sold 5,000 shares at $14.23 each, totaling $71,150. This sale reduced his ownership by 20.72%, leaving him with 19,126 shares valued at $272,162.98. The transaction was disclosed in an SEC filing. TFS Financial's stock performance includes a market cap of $4.03 billion and a PE ratio of 49.51. The company announced a quarterly dividend of $0.2825 per share, with a yield of 7.9%. Institutional investors hold 9.81% of the stock. Analysts rate the stock as "Hold."
TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) COO Andrew Rubino sold 5,000 shares of the business's stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $14.23, for a total value of $71,150.00. Following the completion of the sale, the chief operating officer owned 19,126 shares of the company's stock, valued at approximately $272,162.98. This trade represents a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
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TFS Financial Stock Performance
TFSL traded down $0.13 during trading on Wednesday, hitting $14.35. The stock had a trading volume of 89,153 shares, compared to its average volume of 362,487. The firm has a market cap of $4.03 billion, a PE ratio of 49.51 and a beta of 0.76. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.59. TFS Financial Corporation has a 12 month low of $11.29 and a 12 month high of $14.73. The company has a 50 day simple moving average of $13.46 and a 200-day simple moving average of $13.28.
TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The bank reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. TFS Financial had a return on equity of 4.40% and a net margin of 10.67%.The company had revenue of $85.48 million for the quarter, compared to the consensus estimate of $84.36 million. Analysts expect that TFS Financial Corporation will post 0.29 EPS for the current year.
TFS Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 16th. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Tuesday, December 2nd. TFS Financial's dividend payout ratio (DPR) is presently 353.13%.
Institutional Investors Weigh In On TFS Financial
A number of institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp bought a new position in TFS Financial during the second quarter worth about $25,000. Quent Capital LLC acquired a new stake in shares of TFS Financial in the 3rd quarter valued at approximately $27,000. Summit Securities Group LLC bought a new position in TFS Financial during the 1st quarter worth approximately $29,000. Danske Bank A S bought a new position in TFS Financial during the 3rd quarter worth approximately $47,000. Finally, Quarry LP grew its holdings in TFS Financial by 260.1% during the first quarter. Quarry LP now owns 3,993 shares of the bank's stock valued at $49,000 after purchasing an additional 2,884 shares during the period. 9.81% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
TFSL has been the topic of a number of analyst reports. Weiss Ratings reissued a "hold (c+)" rating on shares of TFS Financial in a research note on Wednesday, October 8th. Wall Street Zen raised TFS Financial from a "sell" rating to a "hold" rating in a research note on Saturday, November 1st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, TFS Financial currently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on TFS Financial
About TFS Financial
(Get Free Report)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.
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