Timberland Bancorp (NASDAQ:TSBK) Stock Passes Above 200-Day Moving Average – Should You Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $32.44 and traded as high as $34.86. Timberland Bancorp shares last traded at $34.24, with a volume of 7,543 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Timberland Bancorp currently has a consensus rating of “Buy”.

Timberland Bancorp Stock Down 1.0%

The company has a debt-to-equity ratio of 0.08, a current ratio of 0.99 and a quick ratio of 0.99. The business has a 50 day simple moving average of $32.85 and a 200 day simple moving average of $32.44. The stock has a market cap of $270.39 million, a PE ratio of 10.07 and a beta of 0.53.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings results on Friday, October 31st. The savings and loans company reported $1.07 earnings per share (EPS) for the quarter. The business had revenue of $22.49 million during the quarter. Timberland Bancorp had a return on equity of 10.79% and a net margin of 24.19%.

Timberland Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were given a $0.28 dividend. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, November 14th. Timberland Bancorp’s payout ratio is presently 30.43%.

Institutional Investors Weigh In On Timberland Bancorp

Institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in Timberland Bancorp by 20,325.0% in the second quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock worth $25,000 after purchasing an additional 813 shares in the last quarter. Strs Ohio bought a new stake in shares of Timberland Bancorp during the 1st quarter worth about $33,000. Raymond James Financial Inc. bought a new stake in shares of Timberland Bancorp during the 2nd quarter worth about $62,000. Tower Research Capital LLC TRC increased its holdings in shares of Timberland Bancorp by 610.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock valued at $63,000 after acquiring an additional 1,739 shares during the last quarter. Finally, CWM LLC raised its stake in shares of Timberland Bancorp by 304.8% in the 3rd quarter. CWM LLC now owns 1,935 shares of the savings and loans company’s stock valued at $64,000 after acquiring an additional 1,457 shares in the last quarter. Institutional investors and hedge funds 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.