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

Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $30.71 and traded as high as $31.08. Timberland Bancorp shares last traded at $30.45, with a volume of 14,134 shares.

Analyst Ratings Changes

Separately, StockNews.com downgraded Timberland Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, February 21st.

Timberland Bancorp Price Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50 day moving average price of $30.18 and a 200 day moving average price of $30.71. The firm has a market cap of $242.26 million, a PE ratio of 9.85 and a beta of 0.67.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.86 EPS for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%.

Timberland Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.25 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.00 dividend on an annualized basis and a yield of 3.28%. Timberland Bancorp’s payout ratio is currently 32.36%.

Hedge Funds Weigh In On Timberland Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its holdings in shares of Timberland Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 50,622 shares of the savings and loans company’s stock valued at $1,532,000 after buying an additional 2,546 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Timberland Bancorp in the third quarter worth $251,000. Charles Schwab Investment Management Inc. lifted its holdings in Timberland Bancorp by 4.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 22,434 shares of the savings and loans company’s stock valued at $679,000 after acquiring an additional 1,040 shares during the period. Prospector Partners LLC purchased a new stake in shares of Timberland Bancorp during the 3rd quarter worth $565,000. Finally, De Lisle Partners LLP grew its stake in shares of Timberland Bancorp by 34.3% during the 3rd quarter. De Lisle Partners LLP now owns 53,633 shares of the savings and loans company’s stock worth $1,619,000 after purchasing an additional 13,698 shares during the period. 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.