TFS Financial (NASDAQ:TFSL) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Tuesday.

TFSL has been the topic of several other reports. Zacks Investment Research raised shares of TFS Financial from a “sell” rating to a “hold” rating in a report on Friday, June 22nd. ValuEngine raised shares of TFS Financial from a “sell” rating to a “hold” rating in a report on Friday, June 1st.

NASDAQ TFSL opened at $15.38 on Tuesday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.54 and a current ratio of 1.54. TFS Financial has a 12-month low of $14.32 and a 12-month high of $16.62. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 48.06 and a beta of 0.32.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings results on Monday, July 30th. The bank reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.02). TFS Financial had a return on equity of 5.33% and a net margin of 19.03%. The firm had revenue of $77.46 million during the quarter, compared to analysts’ expectations of $76.80 million. sell-side analysts anticipate that TFS Financial will post 0.32 EPS for the current year.

In other news, Chairman Marc A. Stefanski sold 2,570 shares of the business’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $15.44, for a total transaction of $39,680.80. Following the sale, the chairman now directly owns 87,311 shares of the company’s stock, valued at $1,348,081.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. WealthTrust Fairport LLC purchased a new stake in shares of TFS Financial during the second quarter valued at $515,000. Bank of New York Mellon Corp grew its holdings in shares of TFS Financial by 2.1% during the second quarter. Bank of New York Mellon Corp now owns 742,874 shares of the bank’s stock valued at $11,715,000 after buying an additional 15,120 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of TFS Financial by 79.1% during the second quarter. Advisors Asset Management Inc. now owns 32,584 shares of the bank’s stock valued at $514,000 after buying an additional 14,389 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of TFS Financial during the second quarter valued at $2,671,000. Finally, Paloma Partners Management Co purchased a new stake in shares of TFS Financial during the second quarter valued at $169,000. 10.91% of the stock is currently owned by hedge funds and other institutional investors.

TFS Financial Company Profile

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings accounts, checking accounts, certificate of deposit accounts, individual retirement accounts, and other qualified plan accounts. 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.

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