TFS Financial Corporation (NASDAQ:TFSL)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $14.81 and last traded at $14.81, with a volume of 72,489 shares traded. The stock had previously closed at $15.05.

TFSL has been the topic of a number of analyst reports. Piper Jaffray Companies reaffirmed a “hold” rating and set a $18.50 target price on shares of TFS Financial Corporation in a research note on Friday, July 28th. BidaskClub raised shares of TFS Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine downgraded shares of TFS Financial Corporation from a “hold” rating to a “sell” rating in a research note on Friday, September 1st.

The stock’s 50 day moving average price is $15.45 and its 200-day moving average price is $16.10. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 48.00 and a beta of 0.54.

TFS Financial Corporation (NASDAQ:TFSL) last issued its quarterly earnings results on Thursday, July 27th. The bank reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. TFS Financial Corporation had a return on equity of 5.31% and a net margin of 21.03%. The business had revenue of $75.08 million for the quarter, compared to analyst estimates of $70.88 million. During the same quarter in the prior year, the firm posted $0.07 earnings per share. On average, analysts anticipate that TFS Financial Corporation will post $0.31 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend is Friday, September 8th. This is a positive change from TFS Financial Corporation’s previous quarterly dividend of $0.13. TFS Financial Corporation’s dividend payout ratio is 161.29%.

In related news, COO Meredith S. Weil bought 5,021 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were purchased at an average price of $15.40 per share, with a total value of $77,323.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.39% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Nomura Holdings Inc. acquired a new position in TFS Financial Corporation in the second quarter valued at about $309,000. The Manufacturers Life Insurance Company lifted its stake in TFS Financial Corporation by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 8,641 shares of the bank’s stock valued at $134,000 after buying an additional 574 shares during the period. Dimensional Fund Advisors LP lifted its stake in TFS Financial Corporation by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,029,812 shares of the bank’s stock valued at $15,931,000 after buying an additional 13,200 shares during the period. Renaissance Technologies LLC lifted its stake in TFS Financial Corporation by 4.1% in the second quarter. Renaissance Technologies LLC now owns 6,291,222 shares of the bank’s stock valued at $97,325,000 after buying an additional 247,100 shares during the period. Finally, California Public Employees Retirement System lifted its stake in TFS Financial Corporation by 1.2% in the second quarter. California Public Employees Retirement System now owns 123,600 shares of the bank’s stock valued at $1,912,000 after buying an additional 1,500 shares during the period. 11.10% of the stock is currently owned by hedge funds and other institutional investors.

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TFS Financial Corporation Company Profile

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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