Timberland Bancorp (NASDAQ:TSBK) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $30.87 and traded as high as $32.90. Timberland Bancorp shares last traded at $32.40, with a volume of 11,813 shares.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, May 21st.

Timberland Bancorp Stock Up 0.1%

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $255.96 million, a P/E ratio of 9.53 and a beta of 0.51. The company has a 50 day simple moving average of $31.83 and a two-hundred day simple moving average of $30.87.

Timberland Bancorp (NASDAQ:TSBK) last issued its earnings results on Tuesday, July 22nd. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 10.79% and a net margin of 24.19%.The firm had revenue of $20.50 million for the quarter.

Timberland Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, August 8th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, August 8th. Timberland Bancorp’s payout ratio is 30.59%.

Insider Buying and Selling at Timberland Bancorp

In other Timberland Bancorp news, Director Andrea M. Clinton sold 3,800 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $32.98, for a total transaction of $125,324.00. Following the completion of the transaction, the director owned 8,210 shares in the company, valued at $270,765.80. This trade represents a 31.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David Alan Smith sold 836 shares of the stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $33.50, for a total transaction of $28,006.00. Following the transaction, the director owned 17,768 shares of the company’s stock, valued at $595,228. This trade represents a 4.49% decrease in their position. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Timberland Bancorp

Several institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its position in shares of Timberland Bancorp by 91.5% during the 4th quarter. JPMorgan Chase & Co. now owns 27,366 shares of the savings and loans company’s stock valued at $835,000 after purchasing an additional 13,072 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Timberland Bancorp by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 168,813 shares of the savings and loans company’s stock valued at $5,151,000 after purchasing an additional 435 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Timberland Bancorp by 16.1% during the 4th quarter. Wells Fargo & Company MN now owns 6,959 shares of the savings and loans company’s stock valued at $212,000 after purchasing an additional 964 shares during the last quarter. Barclays PLC increased its position in shares of Timberland Bancorp by 7.7% during the 4th quarter. Barclays PLC now owns 21,159 shares of the savings and loans company’s stock valued at $645,000 after purchasing an additional 1,516 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Timberland Bancorp by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 574,477 shares of the savings and loans company’s stock valued at $17,527,000 after purchasing an additional 6,311 shares during the last quarter. Institutional investors own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.