TFS Financial (NASDAQ:TFSL) Hits New 52-Week High at $18.08

TFS Financial Co. (NASDAQ:TFSL) shares reached a new 52-week high on Friday . The stock traded as high as $18.08 and last traded at $18.07, with a volume of 11790 shares traded. The stock had previously closed at $17.79.

A number of equities analysts have recently commented on TFSL shares. TheStreet upgraded shares of TFS Financial from a “c+” rating to a “b-” rating in a research report on Monday, June 3rd. BidaskClub lowered shares of TFS Financial from a “buy” rating to a “hold” rating in a research report on Friday, March 22nd. Finally, Zacks Investment Research upgraded shares of TFS Financial from a “sell” rating to a “hold” rating in a research report on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $18.00.

The firm’s 50-day moving average is $17.48. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.07. The stock has a market cap of $5.06 billion, a P/E ratio of 56.47 and a beta of 0.18.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings data on Tuesday, April 30th. The bank reported $0.07 EPS for the quarter, meeting analysts’ consensus estimates of $0.07. TFS Financial had a net margin of 17.07% and a return on equity of 4.75%. The company had revenue of $72.67 million during the quarter, compared to analyst estimates of $73.10 million. Equities analysts expect that TFS Financial Co. will post 0.3 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th were given a $0.25 dividend. The ex-dividend date was Monday, June 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.53%. TFS Financial’s dividend payout ratio (DPR) is currently 312.50%.

Institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC bought a new stake in TFS Financial during the first quarter valued at approximately $26,000. Parallel Advisors LLC lifted its position in TFS Financial by 503.6% during the first quarter. Parallel Advisors LLC now owns 1,684 shares of the bank’s stock valued at $28,000 after purchasing an additional 1,405 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in TFS Financial by 49.8% during the first quarter. BNP Paribas Arbitrage SA now owns 5,392 shares of the bank’s stock valued at $89,000 after purchasing an additional 1,793 shares during the last quarter. Buffington Mohr McNeal bought a new stake in TFS Financial during the first quarter valued at approximately $111,000. Finally, Great West Life Assurance Co. Can lifted its position in TFS Financial by 540.3% during the fourth quarter. Great West Life Assurance Co. Can now owns 10,194 shares of the bank’s stock valued at $157,000 after purchasing an additional 8,602 shares during the last quarter. Institutional investors and hedge funds own 11.66% of the company’s stock.

TFS Financial Company Profile (NASDAQ:TFSL)

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company's deposit products include savings, money market, checking, certificate of deposit, individual retirement, and other qualified plan accounts. It 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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