Timberland Bancorp (NASDAQ:TSBK) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.70 and traded as high as $39.53. Timberland Bancorp shares last traded at $39.21, with a volume of 19,313 shares.

Wall Street Analyst Weigh In

TSBK has been the topic of several recent research reports. Wall Street Zen lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reaffirmed 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, Timberland Bancorp has a consensus rating of “Buy”.

Timberland Bancorp Stock Down 0.1%

The stock has a market cap of $308.97 million, a P/E ratio of 10.16 and a beta of 0.35. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The company has a 50-day simple moving average of $38.39 and a two-hundred day simple moving average of $35.70.

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

Timberland Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.29 dividend. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a yield of 3.0%. Timberland Bancorp’s payout ratio is 30.05%.

Insider Transactions at Timberland Bancorp

In other news, EVP Matthew J. Debord sold 3,805 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $39.53, for a total transaction of $150,411.65. Following the completion of the transaction, the executive vice president directly owned 5,700 shares of the company’s stock, valued at approximately $225,321. This represents a 40.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Jonathan Arthur Fischer sold 2,000 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $39.50, for a total transaction of $79,000.00. Following the sale, the chief operating officer owned 6,550 shares of the company’s stock, valued at approximately $258,725. This represents a 23.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Timberland Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the business. Rhumbline Advisers increased its stake in shares of Timberland Bancorp by 4.4% during the second quarter. Rhumbline Advisers now owns 7,420 shares of the savings and loans company’s stock valued at $232,000 after buying an additional 315 shares during the period. Jane Street Group LLC lifted its stake in Timberland Bancorp by 5.7% in the second quarter. Jane Street Group LLC now owns 8,231 shares of the savings and loans company’s stock worth $257,000 after acquiring an additional 446 shares during the period. LSV Asset Management boosted its holdings in Timberland Bancorp by 7.2% in the third quarter. LSV Asset Management now owns 10,400 shares of the savings and loans company’s stock valued at $346,000 after acquiring an additional 700 shares in the last quarter. Martingale Asset Management L P boosted its holdings in Timberland Bancorp by 6.4% in the fourth quarter. Martingale Asset Management L P now owns 11,619 shares of the savings and loans company’s stock valued at $416,000 after acquiring an additional 700 shares in the last quarter. Finally, Creative Planning increased its position in Timberland Bancorp by 3.2% during the 3rd quarter. Creative Planning now owns 24,808 shares of the savings and loans company’s stock valued at $826,000 after purchasing an additional 772 shares during the period. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

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.