Kennedy Capital Management LLC Boosts Stock Position in Timberland Bancorp, Inc. (NASDAQ:TSBK)

Kennedy Capital Management LLC lifted its position in Timberland Bancorp, Inc. (NASDAQ:TSBK - Free Report) by 35.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,124 shares of the savings and loans company's stock after buying an additional 14,875 shares during the period. Kennedy Capital Management LLC owned approximately 0.72% of Timberland Bancorp worth $1,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its position in Timberland Bancorp by 4.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 22,434 shares of the savings and loans company's stock valued at $679,000 after purchasing an additional 1,040 shares in the last quarter. State Street Corp grew its stake in shares of 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 valued at $3,329,000 after acquiring an additional 1,489 shares during the period. Barclays PLC grew its stake in shares of Timberland Bancorp by 52.1% during the 3rd 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. JPMorgan Chase & Co. increased its holdings in Timberland Bancorp by 141.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,294 shares of the savings and loans company's stock worth $433,000 after acquiring an additional 8,365 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Timberland Bancorp during the 4th quarter valued at $101,000. Institutional investors own 65.49% of the company's stock.

Timberland Bancorp Price Performance

Shares of TSBK stock traded up $0.47 on Friday, reaching $29.56. The company's stock had a trading volume of 11,252 shares, compared to its average volume of 12,950. The company has a market capitalization of $235.18 million, a price-to-earnings ratio of 9.57 and a beta of 0.46. The stock's fifty day simple moving average is $30.05 and its 200-day simple moving average is $30.57. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. Timberland Bancorp, Inc. has a 1 year low of $24.26 and a 1 year high of $33.98.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last posted its earnings results on Monday, January 27th. The savings and loans company reported $0.86 earnings per share for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%.

Timberland Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.00 dividend on an annualized basis and a yield of 3.38%. Timberland Bancorp's dividend payout ratio is presently 32.36%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Timberland Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, February 21st.

Timberland Bancorp 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.