Timberland Bancorp (NASDAQ:TSBK) Stock Crosses Above 200-Day Moving Average – Should You 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 $35.32 and traded as high as $39.19. Timberland Bancorp shares last traded at $38.60, with a volume of 29,714 shares traded.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a research note on Monday, December 29th. Wall Street Zen cut Timberland Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. One 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 Trading Up 0.2%

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07. The firm has a market cap of $304.17 million, a PE ratio of 10.00 and a beta of 0.35. The business has a fifty day moving average price of $37.77 and a 200 day moving average price of $35.32.

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

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a dividend of $0.29 per share. The ex-dividend date was Friday, February 13th. This represents a $1.16 annualized dividend and a dividend yield of 3.0%. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.28. Timberland Bancorp’s payout ratio is presently 30.05%.

Insider Activity

In related news, EVP Matthew J. Debord sold 5,195 shares of Timberland Bancorp stock in a transaction on Monday, December 15th. The shares were sold at an average price of $37.51, for a total transaction of $194,864.45. Following the sale, the executive vice president directly owned 5,700 shares in the company, valued at $213,807. This trade represents a 47.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael John Stoney sold 1,000 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $36.99, for a total transaction of $36,990.00. Following the completion of the sale, the director directly owned 9,040 shares of the company’s stock, valued at approximately $334,389.60. This trade represents a 9.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 12,000 shares of company stock worth $461,266. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Timberland Bancorp

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