Timberland Bancorp (NASDAQ:TSBK) Cut to Hold at StockNews.com

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Wednesday.

Timberland Bancorp Trading Down 1.2%

Shares of Timberland Bancorp stock opened at $31.28 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a fifty day moving average price of $30.18 and a 200 day moving average price of $30.76. Timberland Bancorp has a 1 year low of $24.26 and a 1 year high of $33.98. The stock has a market cap of $247.14 million, a PE ratio of 10.12 and a beta of 0.46.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%. The firm had revenue of $19.90 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC grew its position in Timberland Bancorp by 158.1% during 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 buying an additional 645 shares during the period. Deutsche Bank AG acquired a new stake in Timberland Bancorp during the fourth quarter valued at $76,000. GAMMA Investing LLC grew its position in Timberland Bancorp by 22,400.0% during the first quarter. GAMMA Investing LLC now owns 2,925 shares of the savings and loans company's stock valued at $97,000 after buying an additional 2,912 shares during the period. SG Americas Securities LLC acquired a new stake in Timberland Bancorp during the fourth quarter valued at $101,000. Finally, Wells Fargo & Company MN grew its position in Timberland Bancorp by 16.1% during the fourth quarter. Wells Fargo & Company MN now owns 6,959 shares of the savings and loans company's stock valued at $212,000 after buying an additional 964 shares during the period. Hedge funds and other institutional investors 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.

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