Sequoia Financial Advisors LLC Has $388,000 Position in TFS Financial Co. (NASDAQ:TFSL)

Sequoia Financial Advisors LLC raised its holdings in TFS Financial Co. (NASDAQ:TFSL) by 196.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,137 shares of the bank’s stock after acquiring an additional 19,954 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in TFS Financial were worth $388,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TFSL. Dimensional Fund Advisors LP lifted its stake in shares of TFS Financial by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,476,938 shares of the bank’s stock valued at $31,258,000 after purchasing an additional 122,562 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of TFS Financial by 0.5% in the first quarter. Vanguard Group Inc. now owns 5,215,605 shares of the bank’s stock worth $65,508,000 after buying an additional 23,668 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new stake in shares of TFS Financial during the 2nd quarter worth about $915,000. Price T Rowe Associates Inc. MD increased its holdings in shares of TFS Financial by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,479 shares of the bank’s stock valued at $371,000 after acquiring an additional 1,754 shares during the last quarter. Finally, BNP Paribas Financial Markets raised 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 acquiring an additional 917 shares in the last quarter. 9.81% of the stock is owned by institutional investors.

TFS Financial Stock Down 1.0 %

Shares of TFS Financial stock opened at $12.75 on Monday. TFS Financial Co. has a 12-month low of $11.05 and a 12-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 50 day moving average price of $13.04 and a two-hundred day moving average price of $12.90. The stock has a market capitalization of $3.58 billion, a P/E ratio of 47.22 and a beta of 0.68.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Tuesday, July 30th. The bank reported $0.07 earnings per share (EPS) for the quarter, topping 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 firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th were paid a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.86%. TFS Financial’s payout ratio is presently 418.52%.

Insider Buying and Selling

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