Timberland Bancorp (NASDAQ:TSBK) Stock 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 Monday . The stock has a 200-day moving average of $27.44 and traded as high as $30.50. Timberland Bancorp shares last traded at $30.23, with a volume of 4,934 shares trading hands.

Timberland Bancorp Stock Performance

The firm has a market capitalization of $242.54 million, a PE ratio of 9.91 and a beta of 0.65. The company’s fifty day moving average price is $29.65 and its two-hundred day moving average price is $27.46. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings data on Tuesday, July 23rd. The savings and loans company reported $0.74 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 23.98% and a return on equity of 10.34%. The company had revenue of $18.77 million during the quarter.

Timberland Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 9th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend was Friday, August 9th. Timberland Bancorp’s dividend payout ratio (DPR) is 31.48%.

Insider Buying and Selling

In other news, Director Andrea M. Clinton sold 1,000 shares of Timberland Bancorp stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $31.37, for a total transaction of $31,370.00. Following the sale, the director now directly owns 7,565 shares of the company’s stock, valued at approximately $237,314.05. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.40% of the stock is currently owned by insiders.

Institutional Trading of Timberland Bancorp

Several institutional investors have recently added to or reduced their stakes in TSBK. 180 Wealth Advisors LLC bought a new stake in shares of Timberland Bancorp in the 2nd quarter valued at approximately $272,000. Meeder Advisory Services Inc. bought a new position in shares of Timberland Bancorp in the 1st quarter worth about $311,000. Hsbc Holdings PLC boosted its holdings in shares of Timberland Bancorp by 27.7% in the 2nd quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company’s stock valued at $361,000 after buying an additional 2,965 shares during the period. BNP Paribas Financial Markets raised its stake 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 worth $423,000 after acquiring an additional 5,091 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of Timberland Bancorp during the 4th quarter worth approximately $575,000. 65.49% of the stock is owned by institutional investors and hedge funds.

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.