TFS Financial (NASDAQ:TFSL) Hits New 52-Week Low – Time to Sell?

Shares of TFS Financial Co. (NASDAQ:TFSL) hit a new 52-week low on Friday . The company traded as low as $11.45 and last traded at $11.73, with a volume of 434982 shares trading hands. The stock had previously closed at $11.95.

TFS Financial Stock Performance

The stock has a market capitalization of $3.29 billion, a PE ratio of 41.79 and a beta of 0.77. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.54 and a current ratio of 1.54. The firm’s 50 day moving average is $12.87 and its two-hundred day moving average is $13.04.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.08 EPS 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%. As a group, research analysts predict that TFS Financial Co. will post 0.29 earnings per share for the current year.

TFS Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 9.66%. The ex-dividend date of this dividend was Thursday, March 6th. TFS Financial’s dividend payout ratio (DPR) is presently 403.57%.

Insider Buying and Selling

In other news, Director Daniel F. Weir sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $13.11, for a total transaction of $131,100.00. Following the completion of the transaction, the director now directly owns 18,841 shares of the company’s stock, valued at approximately $247,005.51. This represents a 34.67 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Anthony J. Asher sold 13,500 shares of the business’s 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 owns 59,607 shares in the company, valued at $724,225.05. The trade was a 18.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 118,055 shares of company stock valued at $1,550,540 over the last three months. 0.95% of the stock is currently owned by company insiders.

Institutional Trading of TFS Financial

Several large investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of TFS Financial by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,081,201 shares of the bank’s stock valued at $13,907,000 after acquiring an additional 22,777 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of TFS Financial by 6.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,646 shares of the bank’s stock worth $368,000 after purchasing an additional 1,784 shares during the period. BNP Paribas Financial Markets raised its holdings in TFS Financial by 814.2% in the third quarter. BNP Paribas Financial Markets now owns 8,420 shares of the bank’s stock valued at $108,000 after buying an additional 7,499 shares during the period. Empowered Funds LLC purchased a new stake in TFS Financial during the fourth quarter worth approximately $265,000. Finally, Sage Investment Counsel LLC purchased a new position in shares of TFS Financial in the 4th quarter valued at $1,355,000. Institutional investors and hedge funds own 9.81% of the company’s stock.

About TFS Financial

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.