Timberland Bancorp (NASDAQ:TSBK) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.16 and traded as high as $46.59. Timberland Bancorp shares last traded at $46.42, with a volume of 24,647 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Timberland Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Timberland Bancorp Stock Performance

The stock has a 50-day moving average of $43.92 and a 200 day moving average of $41.16. The stock has a market cap of $361.15 million, a PE ratio of 11.63 and a beta of 0.31. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07.

Timberland Bancorp (NASDAQ:TSBK) last issued its earnings results on Wednesday, July 29th. The savings and loans company reported $0.98 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 11.79% and a net margin of 26.46%.The company had revenue of $21.10 million during the quarter.

Timberland Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 10th will be issued a $0.30 dividend. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, August 10th. Timberland Bancorp’s payout ratio is currently 30.08%.

Insider Activity

In related news, Director David Alan Smith sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the completion of the sale, the director directly owned 18,468 shares in the company, valued at approximately $810,745.20. This trade represents a 5.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Timberland Bancorp

Hedge funds have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Timberland Bancorp during the 2nd quarter valued at approximately $30,927,000. Geode Capital Management LLC grew its position in Timberland Bancorp by 0.9% in the second quarter. Geode Capital Management LLC now owns 175,399 shares of the savings and loans company’s stock worth $5,473,000 after acquiring an additional 1,484 shares during the period. Davis Asset Management L.P. purchased a new position in Timberland Bancorp in the second quarter worth approximately $7,818,000. Bridgeway Capital Management LLC increased its stake in Timberland Bancorp by 0.9% during the third quarter. Bridgeway Capital Management LLC now owns 131,638 shares of the savings and loans company’s stock worth $4,381,000 after acquiring an additional 1,126 shares during the last quarter. Finally, State Street Corp raised its position in Timberland Bancorp by 1.9% in 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 during the period. 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.