Vanguard Group Inc. Has $66.32 Million Holdings in TFS Financial Co. (NASDAQ:TFSL)

Vanguard Group Inc. boosted its holdings in TFS Financial Co. (NASDAQ:TFSL) by 1.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,280,564 shares of the bank’s stock after acquiring an additional 76,919 shares during the quarter. Vanguard Group Inc.’s holdings in TFS Financial were worth $66,324,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Quent Capital LLC raised its stake in shares of TFS Financial by 68.0% in the fourth quarter. Quent Capital LLC now owns 3,700 shares of the bank’s stock worth $46,000 after purchasing an additional 1,497 shares during the last quarter. BNP Paribas Financial Markets raised its position in TFS Financial by 814.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,420 shares of the bank’s stock valued at $108,000 after buying an additional 7,499 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in TFS Financial in the 4th quarter valued at $126,000. SBI Securities Co. Ltd. bought a new position in TFS Financial during the 4th quarter valued at $132,000. Finally, AXQ Capital LP purchased a new position in TFS Financial during the 4th quarter worth $139,000. Institutional investors and hedge funds own 9.81% of the company’s stock.

TFS Financial Stock Performance

Shares of TFSL stock opened at $11.73 on Friday. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a 50-day moving average of $12.72 and a 200-day moving average of $12.98. TFS Financial Co. has a one year low of $11.29 and a one year high of $15.00. The company has a market cap of $3.29 billion, a P/E ratio of 41.89 and a beta of 0.62.

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

TFS Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.13 dividend on an annualized basis and a yield of 9.63%. TFS Financial’s dividend payout ratio (DPR) is currently 403.57%.

Insiders Place Their Bets

In other news, insider Cathy W. Zbanek sold 20,000 shares of TFS Financial stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $13.72, for a total transaction of $274,400.00. Following the sale, the insider now directly owns 88,197 shares in the company, valued at $1,210,062.84. The trade was a 18.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Marc A. Stefanski sold 22,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $13.13, for a total transaction of $288,860.00. Following the completion of the transaction, the chief executive officer now directly owns 171,784 shares in the company, valued at $2,255,523.92. This trade represents a 11.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 118,055 shares of company stock valued at $1,550,540. Insiders own 0.95% of the company’s stock.

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.