Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.58 and traded as high as $31.10. Timberland Bancorp shares last traded at $30.53, with a volume of 8,709 shares changing hands.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of Timberland Bancorp from a "buy" rating to a "hold" rating in a research note on Friday, February 21st.
Read Our Latest Stock Analysis on Timberland Bancorp
Timberland Bancorp Stock Up 1.2 %
The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 0.98. The firm's fifty day simple moving average is $30.20 and its 200 day simple moving average is $30.62. The stock has a market capitalization of $254.75 million, a price-to-earnings ratio of 10.36 and a beta of 0.67.
Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.86 EPS 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 company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Friday, February 14th. Timberland Bancorp's dividend payout ratio is 32.36%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Prospector Partners LLC bought a new stake in Timberland Bancorp in the 3rd quarter valued at approximately $565,000. JPMorgan Chase & Co. raised its holdings in shares of 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 valued at $433,000 after purchasing an additional 8,365 shares during the last quarter. Barclays PLC lifted its position in shares of Timberland Bancorp by 52.1% in the third quarter. Barclays PLC now owns 19,643 shares of the savings and loans company's stock worth $595,000 after purchasing an additional 6,725 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings 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 worth $679,000 after purchasing an additional 1,040 shares during the last quarter. Finally, State Street Corp grew its position in Timberland Bancorp by 1.4% in the third quarter. State Street Corp now owns 110,005 shares of the savings and loans company's stock valued at $3,329,000 after purchasing an additional 1,489 shares in the last quarter. 65.49% of the stock is owned by institutional investors and hedge funds.
Timberland Bancorp Company Profile
(
Get Free Report)
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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