Timberland Bancorp (NASDAQ:TSBK) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $35.51 and traded as high as $38.19. Timberland Bancorp shares last traded at $37.66, with a volume of 24,214 shares trading hands.

Wall Street Analysts Forecast Growth

TSBK has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reiterated 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, According to data from MarketBeat, Timberland Bancorp currently has an average rating of “Buy”.

Timberland Bancorp Stock Performance

The stock’s 50-day moving average price is $38.13 and its 200-day moving average price is $35.56. 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 company has a market capitalization of $300.94 million, a P/E ratio of 9.89 and a beta of 0.35.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings data 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 firm had revenue of $21.71 million for the quarter.

Timberland Bancorp Increases Dividend

The business also recently declared 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. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, February 13th. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.28. Timberland Bancorp’s payout ratio is currently 30.05%.

Insider Activity at Timberland Bancorp

In related news, EVP Matthew J. Debord sold 3,805 shares of Timberland Bancorp stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $39.53, for a total value of $150,411.65. Following the sale, the executive vice president directly owned 5,700 shares in the company, valued at $225,321. This trade represents a 40.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Jonathan Arthur Fischer sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $39.50, for a total transaction of $79,000.00. Following the completion of the sale, the chief operating officer owned 6,550 shares in the company, valued at $258,725. The trade was a 23.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Timberland Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of TSBK. Invesco Ltd. bought a new stake in Timberland Bancorp during the fourth quarter worth approximately $231,000. Millennium Management LLC purchased a new position in shares of Timberland Bancorp during the fourth quarter valued at $453,000. Panagora Asset Management Inc. grew its stake in Timberland Bancorp by 3.3% during the 4th quarter. Panagora Asset Management Inc. now owns 30,448 shares of the savings and loans company’s stock valued at $1,090,000 after acquiring an additional 964 shares in the last quarter. Fourthstone LLC increased its holdings in shares of Timberland Bancorp by 207.5% in the 4th quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company’s stock valued at $3,927,000 after purchasing an additional 74,011 shares during the period. Finally, State Street Corp grew its position in Timberland Bancorp by 1.9% during the fourth quarter. State Street Corp now owns 126,758 shares of the savings and loans company’s stock valued at $4,538,000 after purchasing an additional 2,322 shares in the last quarter. 65.49% of the stock is currently owned by institutional investors.

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.