Shorts Action: Is Buying Tfs Financial Corporation (NASDAQ:TFSL) Here Good Idea?

November 17, 2016 - By Peter Erickson   ·   0 Comments

Shorts Action: Is Buying Tfs Financial Corporation (NASDAQ:TFSL) Here Good Idea?

The stock of Tfs Financial Corporation (NASDAQ:TFSL) registered a decrease of 1.99% in short interest. TFSL’s total short interest was 1.35 million shares in November as published by FINRA. Its down 1.99% from 1.38 million shares, reported previously. With 274,300 shares average volume, it will take short sellers 5 days to cover their TFSL’s short positions. The short interest to Tfs Financial Corporation’s float is 2.61%. About 43,682 shares traded hands. TFS Financial Corporation (NASDAQ:TFSL) has risen 4.20% since April 15, 2016 and is uptrending. It has underperformed by 0.43% the S&P500.

TFS Financial Corporation is a savings and loan holding company. The company has a market cap of $5.31 billion. The Firm is a stock holding company, which conducts its principal activities through its subsidiaries. It has a 67.11 P/E ratio. The principal line of business of the Company is retail consumer banking, including mortgage lending, deposit gathering and other insignificant financial services.

Insitutional Activity: The institutional sentiment increased to 0.94 in Q2 2016. Its up 0.18, from 0.76 in 2016Q1. The ratio is positive, as 6 funds sold all TFS Financial Corporation shares owned while 41 reduced positions. 8 funds bought stakes while 36 increased positions. They now own 33.48 million shares or 3.72% less from 34.78 million shares in 2016Q1.
State Street last reported 0% of its portfolio in the stock. Teacher Retirement Systems Of Texas holds 0% or 10,139 shares in its portfolio. Geode Cap Management Ltd Liability Com reported 679,511 shares or 0.01% of all its holdings. Deutsche Savings Bank Ag last reported 0% of its portfolio in the stock. Bank Of Ny Mellon has 417,889 shares for 0% of their US portfolio. State Of Wisconsin Investment Board last reported 37,169 shares in the company. Goldman Sachs Inc accumulated 0% or 335,160 shares. Utah Retirement System accumulated 0% or 10,262 shares. First Quadrant Ltd Partnership Ca has 0% invested in the company for 32 shares. Commercial Bank Of Montreal Can holds 0% of its portfolio in TFS Financial Corporation (NASDAQ:TFSL) for 2,905 shares. Invesco has 43,016 shares for 0% of their US portfolio. Moreover, Ejf Capital Limited Com has 1.62% invested in TFS Financial Corporation (NASDAQ:TFSL) for 1.00 million shares. Credit Suisse Ag owns 59,328 shares or 0% of their US portfolio. Ubs Asset Mngmt Americas Inc last reported 0% of its portfolio in the stock. Checchi Cap Advisers reported 403 shares or 0% of all its holdings.

Insider Transactions: Since May 19, 2016, the stock had 0 insider purchases, and 6 selling transactions for $1.65 million net activity. Stefanski Marc A had sold 55,676 shares worth $1.01M. Huml Paul J sold $50,315 worth of TFS Financial Corporation (NASDAQ:TFSL) on Saturday, May 28. The insider Huffman David S sold $243,018. Shares for $366,000 were sold by Fiala Robert A. Asher Anthony J sold $3,622 worth of stock or 200 shares.

TFSL Company Profile

TFS Financial Corporation, incorporated on December 27, 1996, is a savings and loan holding company. The Firm is a stock holding company, which conducts its principal activities through its subsidiaries. The principal line of business of the Company is retail consumer banking, including mortgage lending, deposit gathering and other insignificant financial services. The Company’s primary operating subsidiaries include Third Federal Savings and Loan Association of Cleveland (Association) and Third Capital, Inc. The Association is a federal savings association, which provides retail loan and savings products to its clients in Ohio and Florida, through its approximately 40 branches, over eight loan production offices, customer service call center and Internet site. The Association also provides savings products and first mortgage refinance loans, and home equity lines of credit in states outside of its branch footprint. Third Capital, Inc. was formed to hold non-thrift investments and subsidiaries, which include a limited liability firm that acquires and manages commercial real estate.

Another recent and important TFS Financial Corporation (NASDAQ:TFSL) news was published by Nasdaq.com which published an article titled: “TFS Financial Corporation (TFSL) Ex-Dividend Date Scheduled for September 01, 2016” on August 31, 2016.

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By Peter Erickson


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