TFS Financial Co. (NASDAQ:TFSL) Short Interest Update

TFS Financial Co. (NASDAQ:TFSL) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,250,000 shares, a growth of 11.9% from the December 15th total of 2,010,000 shares. Based on an average trading volume of 167,300 shares, the short-interest ratio is presently 13.4 days. Approximately 4.4% of the shares of the stock are short sold.

In other news, CFO Paul J. Huml sold 3,436 shares of TFS Financial stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $19.68, for a total transaction of $67,620.48. Following the completion of the sale, the chief financial officer now directly owns 50,441 shares of the company’s stock, valued at approximately $992,678.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William C. Mulligan sold 10,000 shares of TFS Financial stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $20.30, for a total transaction of $203,000.00. Following the sale, the director now directly owns 64,400 shares of the company’s stock, valued at $1,307,320. The disclosure for this sale can be found here. Insiders have sold a total of 14,454 shares of company stock valued at $291,042 over the last ninety days. 1.78% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of the business. Corient Capital Partners LLC raised its stake in shares of TFS Financial by 5.3% during the third quarter. Corient Capital Partners LLC now owns 12,791 shares of the bank’s stock valued at $230,000 after acquiring an additional 649 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of TFS Financial by 0.6% during the second quarter. AQR Capital Management LLC now owns 110,591 shares of the bank’s stock valued at $1,998,000 after acquiring an additional 659 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of TFS Financial by 0.9% during the third quarter. California State Teachers Retirement System now owns 78,009 shares of the bank’s stock valued at $1,406,000 after acquiring an additional 683 shares during the last quarter. Strs Ohio raised its stake in shares of TFS Financial by 2.2% during the third quarter. Strs Ohio now owns 31,652 shares of the bank’s stock valued at $570,000 after acquiring an additional 696 shares during the last quarter. Finally, Kovack Advisors Inc. raised its stake in shares of TFS Financial by 3.4% during the third quarter. Kovack Advisors Inc. now owns 22,700 shares of the bank’s stock valued at $409,000 after acquiring an additional 750 shares during the last quarter. 11.34% of the stock is owned by institutional investors and hedge funds.

TFS Financial stock traded up $0.10 during mid-day trading on Thursday, hitting $19.71. The company’s stock had a trading volume of 2,840 shares, compared to its average volume of 173,463. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 70.27 and a beta of 0.18. The business has a 50 day moving average price of $19.74 and a 200-day moving average price of $18.69. TFS Financial has a 12 month low of $15.89 and a 12 month high of $20.45.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings results on Wednesday, October 30th. The bank reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. The business had revenue of $70.13 million during the quarter. TFS Financial had a net margin of 15.97% and a return on equity of 4.66%.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 5.48%. The ex-dividend date was Monday, December 2nd.

A number of analysts have recently issued reports on the stock. BidaskClub downgraded shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Wednesday, January 8th. ValuEngine raised shares of TFS Financial from a “sell” rating to a “hold” rating in a research note on Saturday, December 7th.

About TFS Financial

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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