Timberland Bancorp (NASDAQ:TSBK) Share Price Passes Above 200-Day Moving Average of $26.94

Timberland Bancorp, Inc. (NASDAQ:TSBK) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $26.94 and traded as high as $27.20. Timberland Bancorp shares last traded at $26.84, with a volume of 13,455 shares changing hands.

Wall Street Analyst Weigh In

Separately, TheStreet downgraded shares of Timberland Bancorp from a “b” rating to a “c+” rating in a research report on Monday, March 18th.

Timberland Bancorp Stock Down 2.0 %

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.08. The company’s fifty day moving average is $25.58 and its 200-day moving average is $26.89. The company has a market cap of $205.39 million, a PE ratio of 8.39 and a beta of 0.66.

Timberland Bancorp (NASDAQ:TSBK) last issued its earnings results on Tuesday, April 23rd. The savings and loans company reported $0.70 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 25.38% and a return on equity of 10.64%. The company had revenue of $18.25 million for the quarter.

Timberland Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.75%. The ex-dividend date was Thursday, May 9th. Timberland Bancorp’s dividend payout ratio is presently 31.48%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Planned Solutions Inc. purchased a new position in shares of Timberland Bancorp during the 4th quarter worth $31,000. Vanguard Group Inc. boosted its stake in shares of Timberland Bancorp by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 408,069 shares of the savings and loans company’s stock worth $10,985,000 after acquiring an additional 2,949 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Timberland Bancorp by 42.0% during the 4th quarter. BNP Paribas Financial Markets now owns 10,612 shares of the savings and loans company’s stock worth $334,000 after acquiring an additional 3,137 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Timberland Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 46,565 shares of the savings and loans company’s stock worth $1,254,000 after acquiring an additional 3,500 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its stake in shares of Timberland Bancorp by 30.8% during the 4th quarter. Panagora Asset Management Inc. now owns 16,884 shares of the savings and loans company’s stock worth $531,000 after acquiring an additional 3,971 shares during the last quarter. Hedge funds and other 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.