Timberland Bancorp (NASDAQ:TSBK) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.78 and traded as high as $45.31. Timberland Bancorp shares last traded at $44.75, with a volume of 29,878 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Timberland Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Timberland Bancorp has a consensus rating of “Buy”.

Timberland Bancorp Trading Down 1.1%

The company has a debt-to-equity ratio of 0.07, a current ratio of 1.01 and a quick ratio of 1.01. The company’s 50 day moving average is $43.51 and its two-hundred day moving average is $40.88. The firm has a market cap of $353.98 million, a P/E ratio of 11.33 and a beta of 0.31.

Timberland Bancorp (NASDAQ:TSBK) last issued its quarterly earnings results on Wednesday, July 29th. The savings and loans company reported $0.98 earnings per share (EPS) for the quarter. The firm had revenue of $21.10 million for the quarter. Timberland Bancorp had a return on equity of 11.79% and a net margin of 26.46%.

Timberland Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, August 10th will be given a dividend of $0.30 per share. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, August 10th. Timberland Bancorp’s dividend payout ratio (DPR) is presently 30.08%.

Insider Activity at Timberland Bancorp

In related news, Director David Alan Smith sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $43.90, for a total value of $43,900.00. Following the completion of the transaction, the director directly owned 18,468 shares of the company’s stock, valued at $810,745.20. This trade represents a 5.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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. Rhumbline Advisers boosted its position in Timberland Bancorp by 4.4% in 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 in the last quarter. Jane Street Group LLC grew its stake in Timberland Bancorp by 5.7% during the second quarter. Jane Street Group LLC now owns 8,231 shares of the savings and loans company’s stock worth $257,000 after buying an additional 446 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Timberland Bancorp by 2.0% during the first quarter. Bank of New York Mellon Corp now owns 23,722 shares of the savings and loans company’s stock worth $935,000 after buying an additional 470 shares in the last quarter. Martingale Asset Management L P increased its holdings in shares of Timberland Bancorp by 6.4% during the fourth quarter. Martingale Asset Management L P now owns 11,619 shares of the savings and loans company’s stock worth $416,000 after buying an additional 700 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Timberland Bancorp by 3.2% in the third quarter. Creative Planning now owns 24,808 shares of the savings and loans company’s stock valued at $826,000 after acquiring an additional 772 shares during the last quarter. Institutional investors and hedge funds 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.