Timberland Bancorp (NASDAQ:TSBK) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.47 and traded as high as $31.62. Timberland Bancorp shares last traded at $30.79, with a volume of 8,141 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com raised Timberland Bancorp from a "hold" rating to a "buy" rating in a research report on Wednesday.

Timberland Bancorp Stock Down 0.7 %

The stock has a market cap of $242.93 million, a P/E ratio of 9.86 and a beta of 0.67. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.08. The business has a 50-day simple moving average of $30.54 and a 200-day simple moving average of $30.46.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last announced its earnings results on Monday, January 27th. The savings and loans company reported $0.86 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 10.28% and a net margin of 22.88%.

Timberland Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, February 14th. This represents a $1.00 dividend on an annualized basis and a yield of 3.28%. Timberland Bancorp's payout ratio is currently 32.36%.

Insider Activity

In other news, COO Jonathan Arthur Fischer sold 2,044 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $33.09, for a total value of $67,635.96. Following the completion of 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. 3.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Timberland Bancorp

Hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC boosted its position in shares of Timberland Bancorp by 158.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,053 shares of the savings and loans company's stock valued at $32,000 after acquiring an additional 645 shares during the period. SG Americas Securities LLC bought a new stake in shares of Timberland Bancorp in the fourth quarter valued at approximately $101,000. Wells Fargo & Company MN lifted its position in Timberland Bancorp by 16.1% in the fourth quarter. Wells Fargo & Company MN now owns 6,959 shares of the savings and loans company's stock worth $212,000 after purchasing an additional 964 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in Timberland Bancorp in the third quarter worth $251,000. Finally, JPMorgan Chase & Co. lifted its position in Timberland Bancorp by 141.1% in the third quarter. JPMorgan Chase & Co. now owns 14,294 shares of the savings and loans company's stock worth $433,000 after purchasing an additional 8,365 shares during the period. 65.49% of the stock is owned by institutional investors.

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.