Timberland Bancorp (NASDAQ:TSBK) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-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 traded.

Analysts Set New Price Targets

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

Timberland Bancorp Trading Down 0.7%

The business’s 50-day simple moving average is $37.03 and its 200-day simple moving average is $34.52. The company has a market cap of $307.71 million, a PE ratio of 10.12 and a beta of 0.36. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.07.

Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings results on Tuesday, January 27th. The savings and loans company reported $1.04 earnings per share for the quarter. Timberland Bancorp had a net margin of 26.17% and a return on equity of 11.73%. The business 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. Stockholders of record on Friday, February 13th will be paid a dividend of $0.29 per share. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.0%. Timberland Bancorp’s dividend payout ratio (DPR) is 29.02%.

Insider Activity at Timberland Bancorp

In other Timberland Bancorp news, Director Michael John Stoney sold 1,000 shares of Timberland Bancorp stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $36.99, for a total value of $36,990.00. Following the completion of the sale, the director directly owned 9,040 shares in the company, valued at $334,389.60. The trade was a 9.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jonathan Arthur Fischer sold 2,000 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $39.50, for a total transaction of $79,000.00. Following the transaction, the chief operating officer owned 6,550 shares in the company, valued at approximately $258,725. This trade represents a 23.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 12,000 shares of company stock valued at $461,266. 3.60% of the stock is owned by corporate insiders.

Institutional Trading of Timberland Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in TSBK. EverSource Wealth Advisors LLC increased its holdings in shares of 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 acquiring an additional 813 shares during the last quarter. Strs Ohio bought a new stake in Timberland Bancorp during the first quarter worth approximately $33,000. Raymond James Financial Inc. acquired a new position in Timberland Bancorp during the second quarter valued at approximately $62,000. Tower Research Capital LLC TRC raised its position 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 valued at $63,000 after purchasing an additional 1,739 shares during the period. Finally, CWM LLC lifted its stake 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 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.