Timberland Bancorp (NASDAQ:TSBK) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Key Points

• Technical breakout: Shares crossed above their 200‑day moving average (200‑day MA $36.57) and traded as high as $40.62, last at $40.54 on a volume of about 14,860 shares.
• Analysts and fundamentals: The stock carries a MarketBeat consensus rating of "Buy" amid a market cap of $319.46M, a P/E of 10.5 and recent quarterly EPS of $1.04 with solid profitability metrics (ROE 11.73%, net margin 26.17%).
• Dividend and ownership activity: Timberland raised its quarterly dividend to $0.29 (annualized $1.16, ~2.9% yield) while insiders recently sold shares (insider ownership ~3.6%) and institutional investors now own about 65.5% of the shares, with several hedge funds adding positions.

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $36.57 and traded as high as $40.62. Timberland Bancorp shares last traded at $40.54, with a volume of 14,860 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wall Street Zen lowered Timberland Bancorp from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. Weiss Ratings restated a "buy (b)" rating on shares of Timberland Bancorp in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy".

Timberland Bancorp Trading Up 0.9%

The firm has a market capitalization of $319.46 million, a price-to-earnings ratio of 10.50 and a beta of 0.34. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 1.01. The company has a 50-day moving average price of $39.51 and a 200-day moving average price of $36.57.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last issued its earnings results on Tuesday, January 27th. The savings and loans company reported $1.04 earnings per share for the quarter. The business had revenue of $21.71 million for the quarter. Timberland Bancorp had a return on equity of 11.73% and a net margin of 26.17%.

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 13th. This is an increase from Timberland Bancorp's previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a yield of 2.9%. Timberland Bancorp's dividend payout ratio is 30.05%.

Insider Activity at Timberland Bancorp

In other news, EVP Matthew J. Debord sold 3,805 shares of the company's stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $39.53, for a total value of $150,411.65. Following the completion of the transaction, the executive vice president owned 5,700 shares in the company, valued at approximately $225,321. This represents a 40.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Jonathan Arthur Fischer sold 2,000 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $39.50, for a total transaction of $79,000.00. Following the completion of the transaction, the chief operating officer directly owned 6,550 shares in the company, valued at $258,725. This trade represents a 23.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Timberland Bancorp

Large investors have recently bought and sold shares of the stock. Invesco Ltd. acquired a new stake in shares of Timberland Bancorp during the fourth quarter worth about $231,000. Millennium Management LLC acquired a new stake in shares of Timberland Bancorp in the 4th quarter valued at about $453,000. Panagora Asset Management Inc. boosted its position in shares of Timberland Bancorp by 3.3% in the 4th quarter. Panagora Asset Management Inc. now owns 30,448 shares of the savings and loans company's stock valued at $1,090,000 after purchasing an additional 964 shares during the period. Fourthstone LLC grew its stake in Timberland Bancorp by 207.5% during the 4th quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company's stock worth $3,927,000 after buying an additional 74,011 shares during the last quarter. Finally, State Street Corp grew its stake in Timberland Bancorp by 1.9% during the 4th quarter. State Street Corp now owns 126,758 shares of the savings and loans company's stock worth $4,538,000 after buying an additional 2,322 shares during the last quarter. Institutional investors and hedge funds own 65.49% of the company's stock.

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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