Timberland Bancorp (NASDAQ:TSBK) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $29.31 and traded as high as $33.27. Timberland Bancorp shares last traded at $32.88, with a volume of 17,677 shares changing hands.

Timberland Bancorp Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $260.70 million, a P/E ratio of 10.96 and a beta of 0.67. The company has a fifty day simple moving average of $31.43 and a two-hundred day simple moving average of $29.31.

Timberland Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, November 15th. This is a boost from Timberland Bancorp's previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a yield of 3.06%. Timberland Bancorp's dividend payout ratio (DPR) is presently 33.33%.

Insider Buying and Selling at Timberland Bancorp

In other news, COO Jonathan Arthur Fischer sold 2,044 shares of the business's stock in a transaction 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 completion of the transaction, the chief operating officer now owns 4,550 shares of the company's stock, valued at $150,559.50. The trade was a 31.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders sold 4,111 shares of company stock worth $135,819. Insiders own 3.40% of the company's stock.

Institutional Trading of Timberland Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of TSBK. Prospector Partners LLC bought a new position in Timberland Bancorp in the third quarter valued at approximately $565,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Timberland Bancorp in the third quarter valued at $251,000. De Lisle Partners LLP increased its holdings in Timberland Bancorp by 34.3% during the third quarter. De Lisle Partners LLP now owns 53,633 shares of the savings and loans company's stock worth $1,619,000 after buying an additional 13,698 shares during the last quarter. Hsbc Holdings PLC raised its position 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 in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Timberland Bancorp by 11.3% in the second quarter. Bank of New York Mellon Corp now owns 25,778 shares of the savings and loans company's stock valued at $698,000 after acquiring an additional 2,609 shares during the last quarter. Institutional investors and hedge funds own 65.49% of the company's stock.

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.