11,655 Shares in TFS Financial Co. (NASDAQ:TFSL) Bought by Corient Private Wealth LLC

Corient Private Wealth LLC purchased a new stake in shares of TFS Financial Co. (NASDAQ:TFSL) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 11,655 shares of the bank’s stock, valued at approximately $146,000.

A number of other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets lifted its holdings in shares of 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 purchasing an additional 7,499 shares during the period. Paloma Partners Management Co purchased a new position in TFS Financial during the 3rd quarter worth approximately $252,000. Atom Investors LP acquired a new stake in TFS Financial during the 3rd quarter valued at approximately $940,000. Readystate Asset Management LP purchased a new stake in shares of TFS Financial in the 3rd quarter valued at $866,000. Finally, Geode Capital Management LLC increased its stake in shares of TFS Financial by 2.2% in the third quarter. Geode Capital Management LLC now owns 1,081,201 shares of the bank’s stock worth $13,907,000 after acquiring an additional 22,777 shares during the period. 9.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Marc A. Stefanski sold 35,000 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $13.12, for a total value of $459,200.00. Following the completion of the transaction, the chief executive officer now directly owns 101,784 shares in the company, valued at $1,335,406.08. The trade was a 25.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Anthony J. Asher sold 13,500 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $12.15, for a total transaction of $164,025.00. Following the sale, the director now directly owns 59,607 shares in the company, valued at $724,225.05. This trade represents a 18.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 118,055 shares of company stock worth $1,550,540. Corporate insiders own 0.95% of the company’s stock.

TFS Financial Trading Up 0.5 %

Shares of TFS Financial stock opened at $12.45 on Wednesday. The stock has a market cap of $3.50 billion, a PE ratio of 44.46 and a beta of 0.77. The firm has a fifty day moving average price of $12.90 and a 200 day moving average price of $13.06. TFS Financial Co. has a 1 year low of $11.70 and a 1 year high of $15.00. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.54 and a quick ratio of 1.54.

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

TFS Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 9.08%. The ex-dividend date was Thursday, March 6th. TFS Financial’s payout ratio is presently 403.57%.

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.