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

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.79 and traded as high as $31.00. Timberland Bancorp shares last traded at $30.52, with a volume of 9,740 shares traded.

Timberland Bancorp Trading Down 2.5 %

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $31.82 and a 200 day moving average of $29.86. The firm has a market cap of $243.18 million, a price-to-earnings ratio of 10.17 and a beta of 0.67.

Timberland Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.25 dividend. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 3.28%. Timberland Bancorp’s dividend payout ratio is presently 33.33%.

Insider Activity at Timberland Bancorp

In related news, COO Jonathan Arthur Fischer sold 2,044 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $33.09, for a total transaction of $67,635.96. Following the completion of the sale, the chief operating officer now directly owns 4,550 shares of the company’s stock, valued at $150,559.50. This trade represents a 31.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 4,111 shares of company stock valued at $135,819 in the last ninety days. Insiders own 3.70% of the company’s stock.

Institutional Trading of Timberland Bancorp

Several large investors have recently made changes to their positions in the business. State Street Corp grew its holdings in Timberland Bancorp by 1.4% during the 3rd quarter. State Street Corp now owns 110,005 shares of the savings and loans company’s stock worth $3,329,000 after acquiring an additional 1,489 shares during the last quarter. De Lisle Partners LLP grew its stake in shares of Timberland Bancorp by 34.3% during the third quarter. De Lisle Partners LLP now owns 53,633 shares of the savings and loans company’s stock valued at $1,619,000 after purchasing an additional 13,698 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Timberland Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 50,622 shares of the savings and loans company’s stock valued at $1,532,000 after purchasing an additional 2,546 shares during the last quarter. Bank of New York Mellon Corp raised its position in Timberland Bancorp by 11.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 25,778 shares of the savings and loans company’s stock worth $698,000 after purchasing an additional 2,609 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its holdings in Timberland Bancorp by 8.5% during the 2nd quarter. Panagora Asset Management Inc. now owns 23,999 shares of the savings and loans company’s stock worth $650,000 after buying an additional 1,881 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

About Timberland Bancorp

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.