De Lisle Partners LLP Buys Shares of 65,247 Timberland Bancorp, Inc. $TSBK

De Lisle Partners LLP purchased a new position in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 65,247 shares of the savings and loans company’s stock, valued at approximately $2,922,000. De Lisle Partners LLP owned about 0.84% of Timberland Bancorp as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Timberland Bancorp in the 2nd quarter valued at $30,927,000. Geode Capital Management LLC raised its holdings in Timberland Bancorp by 0.9% during the second quarter. Geode Capital Management LLC now owns 175,399 shares of the savings and loans company’s stock valued at $5,473,000 after buying an additional 1,484 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings 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 valued at $4,381,000 after buying an additional 1,126 shares in the last quarter. State Street Corp raised its holdings in Timberland Bancorp by 1.9% during 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 buying an additional 2,322 shares in the last quarter. Finally, Fourthstone LLC lifted its position in shares of Timberland Bancorp by 207.5% in the fourth quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company’s stock worth $3,927,000 after buying an additional 74,011 shares during the last quarter. Institutional investors own 65.49% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Timberland Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

Timberland Bancorp Price Performance

NASDAQ TSBK opened at $46.55 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $44.40 and a 200 day simple moving average of $41.50. The company has a market cap of $362.16 million, a P/E ratio of 11.67 and a beta of 0.31. Timberland Bancorp, Inc. has a 1 year low of $30.93 and a 1 year high of $49.38.

Timberland Bancorp (NASDAQ:TSBK) last posted its earnings results on Wednesday, July 29th. The savings and loans company reported $0.98 earnings per share (EPS) for the quarter. The business had revenue of $21.10 million for the quarter. Timberland Bancorp had a net margin of 26.46% and a return on equity of 11.72%.

Timberland Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, August 10th will be given a $0.30 dividend. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, August 10th. Timberland Bancorp’s dividend payout ratio (DPR) is 30.08%.

Insider Activity

In other news, Director David Alan Smith sold 1,000 shares of Timberland Bancorp stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $43.90, for a total value of $43,900.00. Following the transaction, the director directly owned 18,468 shares in the company, valued at approximately $810,745.20. The trade was a 5.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.60% 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.