Timberland Bancorp (NASDAQ:TSBK - Get Free Report) was downgraded by investment analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.
Timberland Bancorp Trading Up 0.7 %
NASDAQ TSBK traded up $0.22 on Friday, hitting $31.02. The company's stock had a trading volume of 1,460 shares, compared to its average volume of 9,156. The company's 50-day moving average is $30.25 and its 200 day moving average is $30.57. The firm has a market cap of $246.76 million, a PE ratio of 10.04 and a beta of 0.67. Timberland Bancorp has a 1-year low of $23.93 and a 1-year high of $33.98. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.08.
Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.86 earnings per share for the quarter. Timberland Bancorp had a return on equity of 10.20% and a net margin of 22.88%.
Institutional Trading of Timberland Bancorp
Institutional investors have recently added to or reduced their stakes in the stock. Deutsche Bank AG acquired a new position in shares of Timberland Bancorp in the 4th quarter worth approximately $76,000. Bridgeway Capital Management LLC lifted its holdings in Timberland Bancorp by 0.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 142,706 shares of the savings and loans company's stock valued at $4,354,000 after buying an additional 705 shares during the period. Bank of America Corp DE lifted its holdings in Timberland Bancorp by 14.3% in the fourth quarter. Bank of America Corp DE now owns 17,767 shares of the savings and loans company's stock valued at $542,000 after buying an additional 2,220 shares during the period. Northern Trust Corp boosted its position in Timberland Bancorp by 3.0% during the fourth quarter. Northern Trust Corp now owns 71,632 shares of the savings and loans company's stock valued at $2,185,000 after acquiring an additional 2,066 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in Timberland Bancorp by 158.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,053 shares of the savings and loans company's stock worth $32,000 after acquiring an additional 645 shares during the period. 65.49% of the stock is currently owned by institutional investors.
Timberland Bancorp Company Profile
(
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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.
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