Timberland Bancorp (NASDAQ:TSBK) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $33.75 and traded as high as $36.76. Timberland Bancorp shares last traded at $36.26, with a volume of 12,828 shares trading hands.

Analyst Ratings Changes

TSBK has been the topic of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a report on Monday, December 29th. Wall Street Zen raised Timberland Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Timberland Bancorp Price Performance

The company has a market cap of $284.23 million, a price-to-earnings ratio of 9.80 and a beta of 0.36. The company’s 50 day moving average price is $35.40 and its 200 day moving average price is $33.78. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK) last issued its quarterly earnings results on Friday, October 31st. The savings and loans company reported $1.07 earnings per share (EPS) for the quarter. The business had revenue of $24.11 million for the quarter. Timberland Bancorp had a net margin of 25.44% and a return on equity of 11.43%.

Timberland Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were issued a dividend of $0.28 per share. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Friday, November 14th. Timberland Bancorp’s dividend payout ratio is currently 30.43%.

Insider Transactions at Timberland Bancorp

In other news, Director Michael John Stoney sold 1,000 shares of the stock in a transaction dated 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 transaction, the director owned 9,040 shares in the company, valued at $334,389.60. This trade represents a 9.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Matthew J. Debord sold 5,195 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $37.51, for a total transaction of $194,864.45. Following the sale, the executive vice president directly owned 5,700 shares in the company, valued at approximately $213,807. This represents a 47.68% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Timberland Bancorp

Institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its holdings in Timberland Bancorp by 20,325.0% during the second quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock worth $25,000 after purchasing an additional 813 shares during the last quarter. Strs Ohio purchased a new position in Timberland Bancorp during the 1st quarter valued at about $33,000. Raymond James Financial Inc. acquired a new position in shares of Timberland Bancorp during the 2nd quarter worth approximately $62,000. Tower Research Capital LLC TRC raised its holdings 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 worth $63,000 after acquiring an additional 1,739 shares during the last quarter. Finally, CWM LLC lifted its position 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 valued at $64,000 after acquiring an additional 1,457 shares in the last quarter. Institutional investors and hedge funds own 65.49% of the company’s stock.

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.