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

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.69 and traded as high as $43.70. Timberland Bancorp shares last traded at $43.32, with a volume of 20,321 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Timberland Bancorp currently has an average rating of “Buy”.

Timberland Bancorp Stock Performance

The firm has a 50 day moving average of $41.86 and a 200-day moving average of $39.69. The stock has a market capitalization of $339.20 million, a PE ratio of 11.08 and a beta of 0.31. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 1.01.

Timberland Bancorp (NASDAQ:TSBK) last released its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share for the quarter. The company had revenue of $20.90 million for the quarter. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.

Timberland Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, May 8th. Timberland Bancorp’s dividend payout ratio (DPR) is currently 29.67%.

Insider Buying and Selling

In related news, Director David Alan Smith sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the transaction, the director directly owned 18,468 shares of the company’s stock, valued at approximately $810,745.20. The trade was a 5.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Timberland Bancorp

A number of institutional investors have recently modified their holdings of the stock. Empowered Funds LLC grew its holdings in shares of Timberland Bancorp by 3.7% during the 1st quarter. Empowered Funds LLC now owns 53,481 shares of the savings and loans company’s stock valued at $1,612,000 after acquiring an additional 1,909 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Timberland Bancorp during the first quarter worth $235,000. Strs Ohio purchased a new stake in shares of Timberland Bancorp during the first quarter worth $33,000. Geode Capital Management LLC boosted its position in Timberland Bancorp by 0.9% during the second quarter. Geode Capital Management LLC now owns 175,399 shares of the savings and loans company’s stock valued at $5,473,000 after purchasing an additional 1,484 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in Timberland Bancorp by 4.4% during the second quarter. Rhumbline Advisers now owns 7,420 shares of the savings and loans company’s stock valued at $232,000 after purchasing an additional 315 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.