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

Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $35.51 and traded as high as $38.19. Timberland Bancorp shares last traded at $37.66, with a volume of 24,214 shares.

Analyst Upgrades and Downgrades

Several research firms recently commented on TSBK. Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Monday, December 29th. Wall Street Zen lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Timberland Bancorp Price Performance

The business’s 50-day simple moving average is $38.04 and its 200 day simple moving average is $35.51. The company has a market capitalization of $296.76 million, a P/E ratio of 9.76 and a beta of 0.35. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07.

Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings data on Tuesday, January 27th. The savings and loans company reported $1.04 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 26.17% and a return on equity of 11.73%. The business had revenue of $21.71 million during the quarter.

Timberland Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.1%. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 13th. Timberland Bancorp’s payout ratio is currently 30.05%.

Insiders Place Their Bets

In other news, COO Jonathan Arthur Fischer sold 2,000 shares of Timberland Bancorp stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $39.50, for a total transaction of $79,000.00. Following the transaction, the chief operating officer directly owned 6,550 shares in the company, valued at approximately $258,725. This trade represents a 23.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Matthew J. Debord sold 3,805 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $39.53, for a total value of $150,411.65. Following the completion of the sale, the executive vice president directly owned 5,700 shares in the company, valued at $225,321. This represents a 40.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Timberland Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of TSBK. EverSource Wealth Advisors LLC lifted its holdings in Timberland Bancorp by 20,325.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock valued at $25,000 after acquiring an additional 813 shares during the last quarter. Strs Ohio acquired a new position in shares of Timberland Bancorp in the 1st quarter worth approximately $33,000. CWM LLC raised its holdings in shares of Timberland Bancorp by 304.8% in the 3rd quarter. CWM LLC now owns 1,935 shares of the savings and loans company’s stock worth $64,000 after purchasing an additional 1,457 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Timberland Bancorp in the 2nd quarter worth approximately $62,000. Finally, Tower Research Capital LLC TRC lifted its stake in Timberland Bancorp by 610.2% during 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. 65.49% of the stock is currently owned by institutional investors.

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.