TFS Financial Co. (NASDAQ:TFSL) Shares Sold by Barclays PLC

Barclays PLC reduced its holdings in TFS Financial Co. (NASDAQ:TFSL) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,904 shares of the bank’s stock after selling 2,419 shares during the period. Barclays PLC’s holdings in TFS Financial were worth $474,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pathstone Holdings LLC boosted its holdings in shares of TFS Financial by 34.5% during the 3rd quarter. Pathstone Holdings LLC now owns 163,308 shares of the bank’s stock worth $2,100,000 after purchasing an additional 41,930 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of TFS Financial by 5.2% in the second 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. GSA Capital Partners LLP purchased a new position in TFS Financial during the third quarter worth approximately $619,000. Creative Planning boosted its stake in TFS Financial by 13.9% during the third quarter. Creative Planning now owns 43,818 shares of the bank’s stock worth $564,000 after buying an additional 5,350 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in TFS Financial by 814.2% during the third quarter. BNP Paribas Financial Markets now owns 8,420 shares of the bank’s stock worth $108,000 after buying an additional 7,499 shares during the last quarter. 9.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Piper Sandler restated a “neutral” rating and set a $15.00 price objective on shares of TFS Financial in a research report on Friday, November 22nd.

TFS Financial Stock Down 1.2 %

TFSL stock opened at $12.41 on Friday. TFS Financial Co. has a one year low of $11.70 and a one year high of $14.99. The firm has a market cap of $3.48 billion, a PE ratio of 45.96 and a beta of 0.69. The firm’s 50 day moving average price is $13.46 and its 200-day moving average price is $13.17. The company has a debt-to-equity ratio of 2.57, a quick ratio of 1.54 and a current ratio of 1.54.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Wednesday, October 30th. The bank reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. TFS Financial had a net margin of 10.49% and a return on equity of 4.22%. The firm had revenue of $194.94 million during the quarter. During the same quarter last year, the business posted $0.07 EPS. On average, equities research analysts anticipate that TFS Financial Co. will post 0.26 EPS for the current year.

TFS Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date was Tuesday, December 3rd. TFS Financial’s dividend payout ratio is presently 418.52%.

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.