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

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $38.68 and traded as high as $43.01. Timberland Bancorp shares last traded at $42.09, with a volume of 12,205 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Timberland Bancorp Price Performance

The company has a market cap of $328.78 million, a PE ratio of 10.74 and a beta of 0.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.01 and a quick ratio of 1.01. The company has a 50-day moving average price of $40.99 and a two-hundred day moving average price of $38.78.

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

Timberland Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.16 dividend on an annualized basis and a yield of 2.8%. Timberland Bancorp’s dividend payout ratio is currently 29.67%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its holdings in Timberland Bancorp by 20,325.0% in the second quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock valued at $25,000 after purchasing an additional 813 shares during the last quarter. Strs Ohio purchased a new position in Timberland Bancorp in the first quarter valued at about $33,000. Raymond James Financial Inc. purchased a new position in Timberland Bancorp in the second quarter valued at about $62,000. Tower Research Capital LLC TRC boosted its holdings in 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 last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Timberland Bancorp by 230.3% in the third quarter. BNP Paribas Financial Markets now owns 3,329 shares of the savings and loans company’s stock valued at $111,000 after purchasing an additional 2,321 shares during the last quarter. Hedge funds and other institutional investors 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.