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

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.36 and traded as high as $32.39. Timberland Bancorp shares last traded at $32.30, with a volume of 15,073 shares traded.

Analyst Ratings Changes

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 Down 1.2%

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 firm's 50 day simple moving average is $30.98 and its 200-day simple moving average is $30.36. The company has a market capitalization of $252.75 million, a PE ratio of 9.87 and a beta of 0.47.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last released its quarterly earnings data 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 23.45% and a return on equity of 10.48%. The company had revenue of $19.90 million during the quarter.

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 paid a $0.26 dividend. The ex-dividend date of this dividend was Friday, May 9th. This is an increase from Timberland Bancorp's previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 3.25%. Timberland Bancorp's dividend payout ratio is 32.10%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its stake in shares of Timberland Bancorp by 158.1% in 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 purchasing an additional 645 shares during the period. Strs Ohio bought a new position in Timberland Bancorp during the 1st quarter valued at $33,000. Deutsche Bank AG bought a new position in Timberland Bancorp during the 4th quarter valued at $76,000. GAMMA Investing LLC boosted its stake in Timberland Bancorp by 22,400.0% during the 1st quarter. GAMMA Investing LLC now owns 2,925 shares of the savings and loans company's stock valued at $97,000 after acquiring an additional 2,912 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Timberland Bancorp by 16.1% during the 4th quarter. Wells Fargo & Company MN now owns 6,959 shares of the savings and loans company's stock valued at $212,000 after acquiring an additional 964 shares during the last quarter. 65.49% of the stock is currently owned by hedge funds and other institutional investors.

About Timberland Bancorp

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.