Timberland Bancorp (NASDAQ:TSBK) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Timberland Bancorp shares rose above their 200-day moving average, reaching $46.50 and last trading at $46.47 versus the $42.15 average. Despite the technical milestone, the stock remains rated “Buy” by the available analyst coverage.
• The company reported quarterly EPS of $0.98 on $21.10 million in revenue, with a 26.46% net margin and 11.72% return on equity. Its market capitalization was approximately $361.5 million, with a price-to-earnings ratio of 11.65.
• Timberland Bancorp increased its quarterly dividend from $0.29 to $0.30 per share, equivalent to $1.20 annually and a 2.6% yield. Institutional investors own 65.49% of the stock, while a company director recently sold 1,000 shares.

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $42.15 and traded as high as $46.50. Timberland Bancorp shares last traded at $46.47, with a volume of 34,951 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Timberland Bancorp from a "buy (b)" rating to a "buy (b+)" rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy".

Timberland Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.00 and a current ratio of 1.00. The firm's 50-day moving average price is $45.05 and its two-hundred day moving average price is $42.15. The stock has a market cap of $361.54 million, a price-to-earnings ratio of 11.65 and a beta of 0.31.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The savings and loans company reported $0.98 earnings per share (EPS) for the quarter. The firm had revenue of $21.10 million during the quarter. Timberland Bancorp had a net margin of 26.46% and a return on equity of 11.72%.

Timberland Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Monday, August 10th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, August 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Timberland Bancorp's previous quarterly dividend of $0.29. Timberland Bancorp's payout ratio is 30.08%.

Insider Activity

In other news, Director David Smith sold 1,000 shares of Timberland Bancorp stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the sale, the director owned 18,468 shares of the company's stock, valued at approximately $810,745.20. The trade was a 5.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TSBK. Rhumbline Advisers increased its stake in Timberland Bancorp by 4.4% during the second quarter. Rhumbline Advisers now owns 7,420 shares of the savings and loans company's stock worth $232,000 after acquiring an additional 315 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Timberland Bancorp by 5.7% in the 2nd quarter. Jane Street Group LLC now owns 8,231 shares of the savings and loans company's stock valued at $257,000 after purchasing an additional 446 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Timberland Bancorp by 2.0% in the 1st quarter. Bank of New York Mellon Corp now owns 23,722 shares of the savings and loans company's stock valued at $935,000 after purchasing an additional 470 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of Timberland Bancorp during the 2nd quarter worth $31,000. Finally, Martingale Asset Management L P grew its holdings in shares of Timberland Bancorp by 6.4% during the 4th quarter. Martingale Asset Management L P now owns 11,619 shares of the savings and loans company's stock worth $416,000 after purchasing an additional 700 shares during the period. 65.49% of the stock is currently owned by institutional investors and hedge funds.

About Timberland Bancorp

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank's core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.

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