Timberland Bancorp, Inc. $TSBK Shares Sold by Rhumbline Advisers

Rhumbline Advisers decreased its stake in Timberland Bancorp, Inc. (NASDAQ:TSBK) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,105 shares of the savings and loans company’s stock after selling 558 shares during the period. Rhumbline Advisers owned approximately 0.09% of Timberland Bancorp worth $214,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSBK. Royce & Associates LP boosted its position in Timberland Bancorp by 19.0% during the first quarter. Royce & Associates LP now owns 275,926 shares of the savings and loans company’s stock worth $8,319,000 after purchasing an additional 44,086 shares in the last quarter. Keeley Teton Advisors LLC grew its position in shares of Timberland Bancorp by 1.9% in the first quarter. Keeley Teton Advisors LLC now owns 137,969 shares of the savings and loans company’s stock valued at $4,160,000 after purchasing an additional 2,613 shares during the last quarter. De Lisle Partners LLP increased its stake in shares of Timberland Bancorp by 3.1% during the 1st quarter. De Lisle Partners LLP now owns 55,270 shares of the savings and loans company’s stock worth $1,668,000 after purchasing an additional 1,637 shares in the last quarter. Empowered Funds LLC raised its position in shares of Timberland Bancorp by 3.7% during the 1st quarter. Empowered Funds LLC now owns 53,481 shares of the savings and loans company’s stock worth $1,612,000 after purchasing an additional 1,909 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Timberland Bancorp by 4.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 22,379 shares of the savings and loans company’s stock valued at $675,000 after buying an additional 972 shares in the last quarter. 65.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Timberland Bancorp

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

Timberland Bancorp Price Performance

Shares of NASDAQ:TSBK opened at $34.27 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.99 and a current ratio of 0.99. The business’s fifty day moving average price is $33.38 and its two-hundred day moving average price is $31.56. The stock has a market cap of $270.73 million, a PE ratio of 10.08 and a beta of 0.51. Timberland Bancorp, Inc. has a one year low of $27.51 and a one year high of $38.08.

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

Timberland Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 8th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, August 8th. Timberland Bancorp’s dividend payout ratio is currently 30.59%.

Timberland Bancorp 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.