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

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $30.40 and traded as high as $32.56. Timberland Bancorp shares last traded at $32.22, with a volume of 12,181 shares trading hands.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Timberland Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st.

Timberland Bancorp Trading Up 1.5%

The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.08. The stock's fifty day moving average price is $31.09 and its two-hundred day moving average price is $30.38. The company has a market capitalization of $258.28 million, a PE ratio of 10.09 and a beta of 0.47.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The savings and loans company reported $0.85 earnings per share for the quarter. The company had revenue of $19.90 million during the quarter. Timberland Bancorp had a net margin of 23.45% and a return on equity of 10.48%.

Timberland Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were issued a dividend of $0.26 per share. This is a positive change from Timberland Bancorp's previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date was Friday, May 9th. Timberland Bancorp's dividend payout ratio is currently 32.10%.

Institutional Trading of Timberland Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC lifted its holdings in Timberland Bancorp by 22,400.0% in the first quarter. GAMMA Investing LLC now owns 2,925 shares of the savings and loans company's stock worth $97,000 after buying an additional 2,912 shares during the period. Northern Trust Corp increased its stake in shares of Timberland Bancorp by 3.0% during the fourth quarter. Northern Trust Corp now owns 71,632 shares of the savings and loans company's stock valued at $2,185,000 after purchasing an additional 2,066 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Timberland Bancorp by 14.3% during the fourth quarter. Bank of America Corp DE now owns 17,767 shares of the savings and loans company's stock valued at $542,000 after purchasing an additional 2,220 shares in the last quarter. Kennedy Capital Management LLC increased its stake in shares of Timberland Bancorp by 35.2% during the fourth quarter. Kennedy Capital Management LLC now owns 57,124 shares of the savings and loans company's stock valued at $1,743,000 after purchasing an additional 14,875 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Timberland Bancorp by 91.5% during the fourth quarter. JPMorgan Chase & Co. now owns 27,366 shares of the savings and loans company's stock valued at $835,000 after purchasing an additional 13,072 shares in the last quarter. 65.49% of the stock is currently owned by hedge funds and other institutional investors.

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.