Timberland Bancorp (NASDAQ:TSBK) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.34 and traded as high as $44.20. Timberland Bancorp shares last traded at $44.00, with a volume of 32,969 shares trading hands.

Wall Street Analysts Forecast Growth

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

Timberland Bancorp Stock Up 1.3%

The stock has a market cap of $352.43 million, a P/E ratio of 11.51 and a beta of 0.31. The firm has a 50 day simple moving average of $42.79 and a 200-day simple moving average of $40.41. 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 EPS for the quarter. The company had revenue of $21.55 million during the quarter. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.

Timberland Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.20 annualized dividend and a yield of 2.7%. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.29. Timberland Bancorp’s payout ratio is 29.67%.

Insider Buying and Selling

In other Timberland Bancorp news, Director David Alan Smith sold 1,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were 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 $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 Securities & Exchange Commission, which is available at this hyperlink. 3.60% of the stock is currently owned by company insiders.

Institutional Trading of Timberland Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in Timberland Bancorp in the 1st quarter valued at about $235,000. Rhumbline Advisers lifted its position in Timberland Bancorp by 4.4% during the second quarter. Rhumbline Advisers now owns 7,420 shares of the savings and loans company’s stock worth $232,000 after acquiring an additional 315 shares during the last quarter. Invesco Ltd. bought a new stake in shares of Timberland Bancorp during the fourth quarter worth approximately $231,000. BNP Paribas Financial Markets boosted its holdings in shares of Timberland Bancorp by 230.3% during the third quarter. BNP Paribas Financial Markets now owns 3,329 shares of the savings and loans company’s stock worth $111,000 after acquiring an additional 2,321 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Timberland Bancorp by 610.2% in 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. 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.