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

A number of research analysts have recently issued reports on TFSL shares. Piper Jaffray Companies reiterated a “hold” rating and set a $18.50 price target on shares of TFS Financial Corporation in a research note on Friday, July 28th. BidaskClub upgraded shares of TFS Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine lowered shares of TFS Financial Corporation from a “hold” rating to a “sell” rating in a research report on Friday, September 1st.

The company has a market cap of $4.11 billion, a P/E ratio of 47.94 and a beta of 0.54. The firm has a 50-day moving average of $15.40 and a 200 day moving average of $16.08.

TFS Financial Corporation (NASDAQ:TFSL) last released its earnings results on Thursday, July 27th. The bank reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.01. The firm 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 last year, the company earned $0.07 EPS. Equities research analysts anticipate that TFS Financial Corporation will post $0.31 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be paid a dividend of $0.17 per share. This is a boost from TFS Financial Corporation’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.68 annualized dividend and a yield of 4.58%. TFS Financial Corporation’s dividend payout ratio (DPR) is presently 161.29%.

In related news, COO Meredith S. Weil bought 5,021 shares of the 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 purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 1.39% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. KBC Group NV acquired a new position in TFS Financial Corporation during the 1st quarter valued at about $362,000. Karp Capital Management Corp acquired a new position in TFS Financial Corporation during the 1st quarter valued at about $601,000. Teachers Advisors LLC increased its stake in TFS Financial Corporation by 55.4% during the 4th quarter. Teachers Advisors LLC now owns 180,218 shares of the bank’s stock valued at $3,431,000 after buying an additional 64,241 shares during the period. Pacer Advisors Inc. increased its stake in TFS Financial Corporation by 19.0% during the 1st quarter. Pacer Advisors Inc. now owns 9,473 shares of the bank’s stock valued at $157,000 after buying an additional 1,514 shares during the period. Finally, Highbridge Capital Management LLC increased its stake in TFS Financial Corporation by 100.7% during the 1st quarter. Highbridge Capital Management LLC now owns 31,358 shares of the bank’s stock valued at $521,000 after buying an additional 15,730 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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