Teachers Advisors LLC Has $3.66 Million Stake in TFS Financial Corporation (NASDAQ:TFSL)
Teachers Advisors LLC increased its stake in TFS Financial Corporation (NASDAQ:TFSL) by 22.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 220,134 shares of the bank’s stock after buying an additional 39,916 shares during the period. Teachers Advisors LLC’s holdings in TFS Financial Corporation were worth $3,659,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in TFSL. FMR LLC increased its position in shares of TFS Financial Corporation by 5.3% in the first quarter. FMR LLC now owns 2,107,962 shares of the bank’s stock worth $35,034,000 after buying an additional 105,200 shares during the period. Rafferty Asset Management LLC acquired a new position in shares of TFS Financial Corporation during the first quarter worth $172,000. Alliancebernstein L.P. increased its position in shares of TFS Financial Corporation by 2.0% in the first quarter. Alliancebernstein L.P. now owns 30,746 shares of the bank’s stock worth $511,000 after buying an additional 600 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of TFS Financial Corporation during the first quarter worth $300,000. Finally, KBC Group NV acquired a new position in shares of TFS Financial Corporation during the first quarter worth $362,000. Institutional investors and hedge funds own 11.25% of the company’s stock.
TFS Financial Corporation (NASDAQ:TFSL) opened at 15.40 on Thursday. TFS Financial Corporation has a 12 month low of $14.86 and a 12 month high of $19.89. The firm’s 50-day moving average price is $15.67 and its 200-day moving average price is $16.42. The firm has a market cap of $4.26 billion, a P/E ratio of 49.68 and a beta of 0.52.
TFS Financial Corporation (NASDAQ:TFSL) last posted its quarterly earnings results on Thursday, July 27th. The bank reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The company had revenue of $75.08 million for the quarter, compared to analysts’ expectations of $70.88 million. TFS Financial Corporation had a net margin of 21.03% and a return on equity of 5.31%. During the same quarter in the previous year, the firm posted $0.07 EPS. On average, equities research analysts expect that TFS Financial Corporation will post $0.31 EPS for the current fiscal year.
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TFSL has been the topic of a number of recent analyst reports. Piper Jaffray Companies reissued a “hold” rating and set a $18.50 price target on shares of TFS Financial Corporation in a research report on Friday, July 28th. BidaskClub raised TFS Financial Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd.
In related news, Director Anthony J. Asher sold 22,000 shares of TFS Financial Corporation stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $16.42, for a total value of $361,240.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.39% of the company’s stock.
About TFS Financial Corporation
TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.
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