Timberland Bancorp (NASDAQ:TSBK) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Timberland Bancorp's stock price recently crossed above its 200-day moving average, trading as high as $34.07 before closing at $32.65.
• Analysts have maintained a "buy" rating for the stock, with Weiss Ratings reaffirming this stance based on positive quarterly earnings results.
• The company has a dividend yield of 3.2%, having announced a quarterly dividend of $0.26 per share, reflecting a payout ratio of 30.59%.

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $31.70 and traded as high as $34.07. Timberland Bancorp shares last traded at $32.65, with a volume of 16,802 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Timberland Bancorp in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy".

Timberland Bancorp Stock Up 0.6%

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $257.94 million, a price-to-earnings ratio of 9.60 and a beta of 0.52. The firm has a 50 day moving average price of $33.42 and a two-hundred day moving average price of $31.70.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The savings and loans company reported $0.90 EPS for the quarter. The firm had revenue of $20.50 million for the quarter. Timberland Bancorp had a net margin of 24.19% and a return on equity of 10.79%.

Timberland Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, August 8th were issued a dividend of $0.26 per share. The ex-dividend date was Friday, August 8th. This represents a $1.04 annualized dividend and a dividend yield of 3.2%. Timberland Bancorp's payout ratio is presently 30.59%.

Insiders Place Their Bets

In related news, Director Andrea M. Clinton sold 3,800 shares of the stock in a transaction on Friday, July 25th. The stock was sold at an average price of $32.98, for a total value of $125,324.00. Following the completion of the sale, the director directly owned 8,210 shares in the company, valued at approximately $270,765.80. This represents a 31.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Alan Smith sold 836 shares of the firm's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $33.50, for a total value of $28,006.00. Following the completion of the transaction, the director directly owned 17,768 shares in the company, valued at $595,228. This trade represents a 4.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Timberland Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. Gabelli Funds LLC purchased a new position in Timberland Bancorp in the second quarter valued at about $3,839,000. Royce & Associates LP raised its position in shares of Timberland Bancorp by 19.0% in the 1st quarter. Royce & Associates LP now owns 275,926 shares of the savings and loans company's stock valued at $8,319,000 after purchasing an additional 44,086 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Timberland Bancorp during the 2nd quarter valued at approximately $465,000. Fourthstone LLC acquired a new stake in shares of Timberland Bancorp during the second quarter worth approximately $402,000. Finally, Nuveen LLC acquired a new stake in shares of Timberland Bancorp during the first quarter worth approximately $381,000. 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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