Insider Selling: Timberland Bancorp, Inc. (NASDAQ:TSBK) Director Sells 1,000 Shares of Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) Director Andrea M. Clinton sold 1,000 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $31.37, for a total value of $31,370.00. Following the completion of the sale, the director now owns 7,565 shares of the company’s stock, valued at $237,314.05. The transaction was disclosed in a filing with the SEC, which is available through this link.

Timberland Bancorp Stock Performance

NASDAQ:TSBK opened at $30.55 on Thursday. The stock has a 50-day simple moving average of $26.80 and a two-hundred day simple moving average of $26.60. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.95 and a current ratio of 0.95. Timberland Bancorp, Inc. has a 52-week low of $23.93 and a 52-week high of $32.24. The firm has a market capitalization of $245.10 million, a PE ratio of 10.02 and a beta of 0.66.

Timberland Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.14%. The ex-dividend date is Friday, August 9th. Timberland Bancorp’s dividend payout ratio is 31.48%.

Institutional Investors Weigh In On Timberland Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quadrature Capital Ltd purchased a new stake in shares of Timberland Bancorp in the fourth quarter worth $575,000. Meeder Advisory Services Inc. bought a new position in Timberland Bancorp in the 1st quarter worth $311,000. 180 Wealth Advisors LLC purchased a new stake in Timberland Bancorp in the 2nd quarter worth $272,000. BNP Paribas Financial Markets raised its holdings in Timberland Bancorp by 48.0% during the first quarter. BNP Paribas Financial Markets now owns 15,703 shares of the savings and loans company’s stock valued at $423,000 after acquiring an additional 5,091 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of Timberland Bancorp in the fourth quarter valued at about $129,000. Institutional investors own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.