TFS Financial (NASDAQ:TFSL) Hits New 12-Month High – Time to Buy?

TFS Financial Corporation (NASDAQ:TFSL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.38 and last traded at $15.3390, with a volume of 821088 shares. The stock had previously closed at $14.93.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TFSL. Wall Street Zen lowered TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research report on Monday, December 29th. Zacks Research upgraded shares of TFS Financial to a “hold” rating in a research report on Monday, January 19th. Finally, Piper Sandler initiated coverage on shares of TFS Financial in a research note on Friday, January 16th. They issued a “neutral” rating and a $15.00 target price for the company. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $15.00.

TFS Financial Price Performance

The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 46.72 and a beta of 0.73. The stock has a 50-day moving average price of $14.24 and a two-hundred day moving average price of $13.76. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.60.

TFS Financial (NASDAQ:TFSL) last released its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). The firm had revenue of $83.73 million for the quarter, compared to analyst estimates of $84.97 million. TFS Financial had a return on equity of 4.79% and a net margin of 11.29%. As a group, equities research analysts forecast that TFS Financial Corporation will post 0.29 EPS for the current year.

Insider Buying and Selling at TFS Financial

In related news, Director Ashley H. Williams sold 7,600 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $13.66, for a total value of $103,816.00. Following the completion of the sale, the director owned 16,510 shares in the company, valued at approximately $225,526.60. This represents a 31.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Meredith S. Weil sold 15,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $14.95, for a total transaction of $224,250.00. Following the completion of the transaction, the chief financial officer directly owned 52,236 shares in the company, valued at $780,928.20. This trade represents a 22.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 103,600 shares of company stock worth $1,517,762. Insiders own 0.72% of the company’s stock.

Institutional Trading of TFS Financial

Several large investors have recently added to or reduced their stakes in TFSL. AQR Capital Management LLC boosted its stake in TFS Financial by 19.2% in the first quarter. AQR Capital Management LLC now owns 17,350 shares of the bank’s stock valued at $215,000 after acquiring an additional 2,790 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of TFS Financial by 64.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 91,920 shares of the bank’s stock worth $1,139,000 after buying an additional 36,004 shares during the last quarter. Empowered Funds LLC boosted its holdings in TFS Financial by 14.7% in the 1st quarter. Empowered Funds LLC now owns 24,168 shares of the bank’s stock valued at $299,000 after purchasing an additional 3,102 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in TFS Financial by 15.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 204,790 shares of the bank’s stock worth $2,537,000 after buying an additional 26,949 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in TFS Financial in the first quarter valued at about $159,000. 9.81% of the stock is owned by institutional investors.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.