TFS Financial Co. (NASDAQ: TFSL – Get a Score) was the target of a large increase in short-term interest rates in March. At March 31, there was short-term interest in a total of 1,130,000 shares, an increase of 39.4% from the total of 810,400 shares as of March 15. Based on an average daily volume of 216,500 shares, the ratio of days to cover is currently 5.2 days. About 2.2% of the stock is sold short.
Some research companies have weighed TFSL. Zacks Investment Research cut TFS Financial shares from a “buy” rating to a “hold” rating in a research note on Thursday 30 December. StockNews.com began covering TFS Financial shares in a research note on Thursday, March 31st. They issued a “hold” rating on the stock.
TFSL share opened at $ 15.35 on Friday. The company has a market capitalization of $ 4.31 billion, a PE ratio of 59.04 and a beta of 0.42. The company has a debt-to-equity ratio of 1.81, a fast index of 1.45 and a current ratio of 1.45. The price of the 50-day moving average of the company is $ 16.61 and the price of the 200-day moving average price is $ 17.96. TFS Financial has a one-year low of $ 15.16 and a one-year high of $ 22.54.
TFS Financial (NASDAQ: TFSL – Get a Score) published its latest quarterly earnings results on Thursday, January 27th. The bank reported $ 0.06 EPS for the quarter. The company had revenue of $ 66.00 million for the quarter. TFS Financial had a net margin of 17.12% and a return on equity of 4.18%. Stock analysts predict that TFS Financial will publish 0.21 EPS for the current financial year.
The company recently announced a quarterly dividend, which was paid on Tuesday, March 22. Record shareholders on Tuesday, March 8 received a dividend of $ 0.2825 per share. This represents an annual dividend of $ 1.13 and a dividend yield of 7.36%. The cut-off date of the dividend was Monday, March 7. This is a positive change from the previous quarterly dividend of TFS Financial of $ 0.28. TFS Financial’s payment ratio is currently 434.63%.
Many hedge funds have recently added or reduced their shares in the company. Norges Bank bought a new stake in TFS Financial in the fourth quarter, valued at approximately $ 4,107,000. Virtu Financial LLC acquired a new stake in TFS Financial in the 4th quarter worth approximately $ 182,000. Glenmede Trust Co. NA increased its holdings in TFS Financial by 52.5% in the 4th quarter. Glenmede Trust Co. NA now owns 23,240 shares of the $ 414,000 bank after buying an additional 8,000 shares in the last quarter. NEXT Financial Group Inc increased its holdings in TFS Financial by 40.3% in the 4th quarter. NEXT Financial Group Inc now owns 14,534 shares of the $ 260,000 bank after buying an additional 4,172 shares in the last quarter. Finally, Millennium Management LLC acquired a new stake in TFS Financial in the 4th quarter worth approximately $ 962,000. 8.91% of the share currently belongs to hedge funds and other institutional investors.
About TFS Financial (Get a Score)
TFS Financial Corporation, through its subsidiaries, provides retail banking services to consumers in the United States. Its deposit products include savings, money market, check, individual retirement and other recognized program accounts, as well as certificates of deposit. The company also provides real estate mortgages, home construction loans, home equity loans and credit lines, as well as home mortgages and first home mortgage refinancing loans.
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