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

Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.72 and traded as high as $41.16. Timberland Bancorp shares last traded at $40.16, with a volume of 24,071 shares.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wall Street Zen cut shares of Timberland Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Timberland Bancorp in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Timberland Bancorp Trading Down 1.2%

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’s fifty day moving average is $40.14 and its 200-day moving average is $37.72. The stock has a market cap of $314.45 million, a PE ratio of 10.27 and a beta of 0.32.

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

Timberland Bancorp Dividend Announcement

The firm also recently announced 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 2.9%. The ex-dividend date of this dividend was Friday, May 8th. Timberland Bancorp’s dividend payout ratio (DPR) is 29.67%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Quantinno Capital Management LP raised its holdings in shares of Timberland Bancorp by 46.5% during the first quarter. Quantinno Capital Management LP now owns 22,504 shares of the savings and loans company’s stock worth $887,000 after purchasing an additional 7,143 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Timberland Bancorp by 2.0% during the first quarter. Bank of New York Mellon Corp now owns 23,722 shares of the savings and loans company’s stock worth $935,000 after purchasing an additional 470 shares during the last quarter. Invesco Ltd. purchased a new position in shares of Timberland Bancorp during the fourth quarter worth $231,000. Millennium Management LLC purchased a new position in shares of Timberland Bancorp during the fourth quarter worth $453,000. Finally, Panagora Asset Management Inc. raised its holdings in shares of Timberland Bancorp by 3.3% during the fourth quarter. Panagora Asset Management Inc. now owns 30,448 shares of the savings and loans company’s stock worth $1,090,000 after purchasing an additional 964 shares during the last quarter. Hedge funds and other institutional investors own 65.49% of the company’s stock.

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.