Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.22 and traded as high as $33.70. Timberland Bancorp shares last traded at $32.62, with a volume of 11,360 shares.
Timberland Bancorp Price Performance
The company has a 50 day moving average price of $30.13 and a 200-day moving average price of $28.22. The company has a market cap of $265.16 million, a price-to-earnings ratio of 10.87 and a beta of 0.66. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.08.
Timberland Bancorp Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.25 dividend. This is a boost from Timberland Bancorp's previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 3.01%. Timberland Bancorp's payout ratio is currently 32.00%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Timberland Bancorp in the third quarter valued at approximately $251,000. 180 Wealth Advisors LLC bought a new stake in Timberland Bancorp in the second quarter valued at approximately $272,000. Hsbc Holdings PLC boosted its holdings in Timberland Bancorp by 27.7% in the second quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company's stock valued at $361,000 after acquiring an additional 2,965 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Timberland Bancorp by 48.0% in the first quarter. BNP Paribas Financial Markets now owns 15,703 shares of the savings and loans company's stock valued at $423,000 after acquiring an additional 5,091 shares during the last quarter. Finally, Prospector Partners LLC bought a new stake in Timberland Bancorp in the third quarter valued at approximately $565,000. 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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