Dimensional Fund Advisors LP has recently announced that it has increased stake in TFS Financial Corporation (NASDAQ:TFSL) by 7.10%. After grabbing 1.47 million shares, the institutional investor is now in possession of 97263.0 shares of the Financial Company. The new investment brought the stake of investor firm to 0.52% having worth around $20.03 million. Moreover, Mellon Investments Corp. increased its share by 20197.0 to have a control over 1.27 million shares. And Millennium Management LLC raised its holdings to 0.63 million shares by acquiring 1.02 million shares or 0.36% of the stake.
TFS Financial Corporation (TFSL) concluded trading on 01/12/23 at a closing price of $14.91, with 0.34 million shares of worth about $5.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.31% during that period and on Thursday the price saw a gain of about 1.57%. Currently the company’s common shares owned by public are about 280.41M shares, out of which, 278.52M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 2 analysts are covering the TFSL stock and their offered price forecasts bring an average price target of $16.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $16.00 and could fall to a lowest price of $16.00. The stock’s current price level is 14.8% above of average price target set by the analysts, while a rise to estimated low would result in gain of 6.81% for the stock. However, touching the estimated high of $16.00 would mean a gain of 6.81% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 70 times over the past 12 months. They bought 262,252 shares in 44 of the transactions. In 26 selling transactions, insiders dumped 198,016 shares.
Vanguard Total Stock Market Index, Vanguard Small Cap Index Fund, and WisdomTree Tr. – Mid Cap Dividend are the top 3 mutual funds which are holding stakes in TFS Financial Corporation Vanguard Total Stock Market Index is currently holding 1.61 million shares of worth totaling $21.92 million. The company recently came buying 0.0 shares which brought its stake up to 0.57% of the company’s outstanding shares. Vanguard Small Cap Index Fund bought 144.0 shares, after which its hold over company’s outstanding shares expand to 0.52%, leaving 1.45 million shares with the mutual fund that have a worth of about $19.81 million. WisdomTree Tr. – Mid Cap Dividend, after buying 1.08 million shares, have now control over 0.39% of the stake in the company. It holds 2091.0 shares of worth $14.79 million.
TFS Financial Corporation (NASDAQ: TFSL) started trading at $14.77, above $0.09 from concluding price of the previous day. However, the stock later moved at a day high price of 15.02, or with a gain of 1.57%. Stock saw a price change of 4.85% in past 5 days and over the past one month there was a price change of 7.19%. Year-to-date (YTD), TFSL shares are showing a performance of 3.47% which decreased to -17.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.45 but also hit the highest price of $18.40 during that period. The average intraday trading volume for TFS Financial Corporation shares is 257.61K. The stock is currently trading 4.77% above its 20-day simple moving average (SMA20), while that difference is up 6.39% for SMA50 and it goes to 4.66% higher than SMA200.
Dimensional Fund Advisors LP acquired 1.47 million shares of TFS Financial Corporation having value of about $20.03 million. Data submitted at the U.S SEC by Dimensional Fund Advisors LP revealed that the firm now holds 97263.0 shares in the company valued at close to $1450191.33, or have control over 7.10% stake in the company. TFS Financial Corporation (NASDAQ: TFSL) currently have 280.41M outstanding shares and institutions hold larger chunk of about 89.90% of that. Holding of mutual funds in the company is about 4.38% while other institutional holders and individual stake holders have control over 4.43% and 1.06% of the stake respectively.
The stock has a current market capitalization of $4.09B and its 3Y-monthly beta is at 0.51. PE ratio of stock for trailing 12 months is 56.91, while it has posted earnings per share of $0.26 in the same period. It has a debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TFSL, volatility over the week remained 1.91% while standing at 2.03% over the month.
Analysts are in expectations that TFS Financial Corporation (TFSL) stock would likely to be making an EPS of $0.08 in the current quarter, while forecast for next quarter EPS is $0.07 and it is $0.32 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.08 which is $0.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -8.10% while it is estimated to decrease by -6.79% in next year.
Analysts at 2 brokerage firms have issued recommendations for the TFS Financial Corporation (TFSL)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.50. Out of those 2 Wall Street analysts, 1 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Sandler O’Neill on September 21, 2018 offering a Buy rating for the stock and assigned a target price of $18 to it. Stock get an Overweight rating from Piper Jaffray on June 05, 2015.