Timberland Bancorp (NASDAQ:TSBK) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $33.10 and traded as high as $36.88. Timberland Bancorp shares last traded at $36.2050, with a volume of 11,165 shares.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TSBK shares. Wall Street Zen upgraded shares of Timberland Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a report on Monday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Timberland Bancorp Stock Performance

The stock has a market cap of $283.01 million, a price-to-earnings ratio of 9.76 and a beta of 0.36. The firm has a fifty day simple moving average of $34.07 and a 200 day simple moving average of $33.13. 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 earnings results on Friday, October 31st. The savings and loans company reported $1.07 EPS for the quarter. Timberland Bancorp had a return on equity of 11.43% and a net margin of 25.44%.The firm had revenue of $24.11 million during the quarter.

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change 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%. Timberland Bancorp’s dividend payout ratio (DPR) is presently 30.43%.

Insider Activity at Timberland Bancorp

In related news, Director Michael John Stoney sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $36.99, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Matthew J. Debord sold 5,195 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $37.51, for a total value of $194,864.45. Following the completion of the sale, the executive vice president owned 5,700 shares in the company, valued at $213,807. This trade represents a 47.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.60% of the stock is owned by company insiders.

Institutional Trading of Timberland Bancorp

Several large investors have recently added to or reduced their stakes in TSBK. Rhumbline Advisers grew its position in Timberland Bancorp by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 7,420 shares of the savings and loans company’s stock worth $232,000 after acquiring an additional 315 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Timberland Bancorp by 5.7% in the second quarter. Jane Street Group LLC now owns 8,231 shares of the savings and loans company’s stock valued at $257,000 after buying an additional 446 shares in the last quarter. LSV Asset Management raised its holdings in shares of Timberland Bancorp by 7.2% in the third quarter. LSV Asset Management now owns 10,400 shares of the savings and loans company’s stock valued at $346,000 after buying an additional 700 shares during the last quarter. Creative Planning lifted its position in Timberland Bancorp by 3.2% during the 3rd quarter. Creative Planning now owns 24,808 shares of the savings and loans company’s stock worth $826,000 after buying an additional 772 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in 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 worth $25,000 after acquiring an additional 813 shares during the last quarter. 65.49% of the stock is owned by institutional investors.

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.