Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer Sells 2,044 Shares

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 2,044 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $33.09, for a total value of $67,635.96. Following the sale, the chief operating officer now directly owns 4,550 shares of the company’s stock, valued at approximately $150,559.50. This represents a 31.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jonathan Arthur Fischer also recently made the following trade(s):

• On Monday, November 25th, Jonathan Arthur Fischer sold 1,790 shares of Timberland Bancorp stock. The shares were sold at an average price of $33.02, for a total value of $59,105.80.

Timberland Bancorp Price Performance

Shares of NASDAQ TSBK opened at $33.32 on Tuesday. The stock has a fifty day moving average price of $30.66 and a 200 day moving average price of $28.66. Timberland Bancorp, Inc. has a 1-year low of $23.93 and a 1-year high of $33.98. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market cap of $265.43 million, a PE ratio of 11.11 and a beta of 0.66.

Timberland Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.25 dividend. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 3.00%. Timberland Bancorp’s payout ratio is presently 33.33%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Timberland Bancorp in the 3rd quarter valued at approximately $251,000. 180 Wealth Advisors LLC purchased a new stake in shares of Timberland Bancorp in the second quarter valued at approximately $272,000. Hsbc Holdings PLC grew its holdings in Timberland Bancorp by 27.7% during the second quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company’s stock worth $361,000 after acquiring an additional 2,965 shares during the period. Prospector Partners LLC purchased a new position in Timberland Bancorp in the third quarter worth $565,000. Finally, Barclays PLC lifted its holdings in Timberland Bancorp by 52.1% in the third quarter. Barclays PLC now owns 19,643 shares of the savings and loans company’s stock valued at $595,000 after acquiring an additional 6,725 shares during the period. 65.49% of the stock is owned by hedge funds and other institutional investors.

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.