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

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $39.41 and traded as high as $45.64. Timberland Bancorp shares last traded at $45.40, with a volume of 49,477 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Timberland Bancorp Stock Up 1.3%

The firm has a 50 day moving average of $41.46 and a 200 day moving average of $39.41. The firm has a market cap of $355.48 million, a price-to-earnings ratio of 11.61 and a beta of 0.30. 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 Thursday, April 30th. The savings and loans company reported $0.90 earnings per share for the quarter. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.The business had revenue of $20.90 million during the quarter.

Timberland Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. Timberland Bancorp’s dividend payout ratio (DPR) is 29.67%.

Insider Buying and Selling at Timberland Bancorp

In related news, Director David Alan Smith sold 1,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the transaction, the director owned 18,468 shares in the company, valued at $810,745.20. The trade was a 5.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Timberland Bancorp

A number of large investors have recently bought and sold shares of TSBK. Fourthstone LLC increased its stake in Timberland Bancorp by 207.5% in the fourth quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company’s stock valued at $3,927,000 after purchasing an additional 74,011 shares in the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of Timberland Bancorp during the second quarter valued at about $465,000. Millennium Management LLC bought a new position in shares of Timberland Bancorp during the 4th quarter worth about $453,000. Royce & Associates LP boosted its position in shares of Timberland Bancorp by 3.7% during the 3rd quarter. Royce & Associates LP now owns 288,914 shares of the savings and loans company’s stock worth $9,615,000 after purchasing an additional 10,203 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of Timberland Bancorp in the 3rd quarter valued at about $327,000. 65.49% of the stock is currently owned by institutional investors and hedge funds.

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.