Timberland Bancorp (NASDAQ:TSBK) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Timberland Bancorp, Inc. (NASDAQ:TSBK) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $34.50 and traded as high as $39.47. Timberland Bancorp shares last traded at $39.05, with a volume of 28,013 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts recently commented on TSBK shares. Wall Street Zen lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Timberland Bancorp Stock Down 0.7%

The company has a 50-day moving average of $37.03 and a two-hundred day moving average of $34.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.01 and a quick ratio of 1.00. The company has a market capitalization of $307.71 million, a PE ratio of 10.12 and a beta of 0.36.

Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings data on Tuesday, January 27th. The savings and loans company reported $1.04 EPS for the quarter. Timberland Bancorp had a return on equity of 11.73% and a net margin of 26.17%.The firm had revenue of $21.71 million for the quarter.

Timberland Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.29 per share. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, February 13th. Timberland Bancorp’s payout ratio is presently 29.02%.

Insider Transactions at Timberland Bancorp

In related news, EVP Matthew J. Debord sold 3,805 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $39.53, for a total value of $150,411.65. Following the completion of the transaction, the executive vice president owned 5,700 shares of the company’s stock, valued at approximately $225,321. This represents a 40.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael John Stoney sold 1,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $36.99, for a total value of $36,990.00. Following the sale, the director directly owned 9,040 shares in the company, valued at approximately $334,389.60. This represents a 9.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 12,000 shares of company stock valued at $461,266 over the last three months. Corporate insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Timberland Bancorp

A number of hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its stake in Timberland Bancorp by 20,325.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock valued at $25,000 after purchasing an additional 813 shares during the period. Strs Ohio purchased a new stake in Timberland Bancorp during the 1st quarter valued at approximately $33,000. Raymond James Financial Inc. bought a new stake in shares of Timberland Bancorp during the second quarter valued at approximately $62,000. Tower Research Capital LLC TRC lifted its holdings in shares of Timberland Bancorp by 610.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock worth $63,000 after buying an additional 1,739 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Timberland Bancorp by 304.8% in the third quarter. CWM LLC now owns 1,935 shares of the savings and loans company’s stock worth $64,000 after buying an additional 1,457 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

About Timberland Bancorp

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.