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

Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.16 and traded as high as $46.59. Timberland Bancorp shares last traded at $46.42, with a volume of 24,647 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Timberland Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Timberland Bancorp Stock Up 0.9%

The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The business has a 50-day simple moving average of $43.92 and a 200-day simple moving average of $41.16. The company has a market cap of $361.15 million, a PE ratio of 11.63 and a beta of 0.31.

Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings data on Wednesday, July 29th. The savings and loans company reported $0.98 EPS for the quarter. The business had revenue of $21.10 million during the quarter. Timberland Bancorp had a return on equity of 11.79% and a net margin of 26.46%.

Timberland Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 10th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, August 10th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.29. Timberland Bancorp’s payout ratio is presently 30.08%.

Insiders Place Their Bets

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 transaction of $43,900.00. Following the completion of the transaction, the director directly owned 18,468 shares in the company, valued at approximately $810,745.20. This represents a 5.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Timberland Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of TSBK. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Timberland Bancorp during the 2nd quarter worth about $544,000. Davis Asset Management L.P. acquired a new stake in Timberland Bancorp in the 2nd quarter worth about $7,818,000. De Lisle Partners LLP purchased a new stake in Timberland Bancorp during the 2nd quarter worth approximately $2,922,000. Westport Asset Management Inc. purchased a new stake in Timberland Bancorp during the 2nd quarter worth approximately $3,626,000. Finally, BlackRock Inc. acquired a new position in shares of Timberland Bancorp during the second quarter valued at approximately $30,927,000. 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.