Timberland Bancorp (NASDAQ:TSBK) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.22 and traded as high as $33.70. Timberland Bancorp shares last traded at $32.62, with a volume of 11,360 shares trading hands.

Timberland Bancorp Trading Down 2.3 %

The company has a market cap of $259.85 million, a PE ratio of 10.87 and a beta of 0.66. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average price of $30.13 and a 200 day moving average price of $28.22.

Timberland Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date is Friday, November 15th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.24. Timberland Bancorp’s dividend payout ratio (DPR) is presently 33.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its stake in Timberland Bancorp by 48.0% during the first quarter. BNP Paribas Financial Markets now owns 15,703 shares of the savings and loans company’s stock valued at $423,000 after buying an additional 5,091 shares during the last quarter. Empowered Funds LLC boosted its holdings in Timberland Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 46,565 shares of the savings and loans company’s stock worth $1,254,000 after acquiring an additional 3,500 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Timberland Bancorp by 0.7% in the first quarter. Vanguard Group Inc. now owns 408,069 shares of the savings and loans company’s stock worth $10,985,000 after acquiring an additional 2,949 shares in the last quarter. 180 Wealth Advisors LLC bought a new stake in Timberland Bancorp in the second quarter worth $272,000. Finally, Bank of New York Mellon Corp boosted its holdings in Timberland Bancorp by 11.3% in the second quarter. Bank of New York Mellon Corp now owns 25,778 shares of the savings and loans company’s stock worth $698,000 after acquiring an additional 2,609 shares in the last quarter. Hedge funds and other institutional investors own 65.49% of the company’s stock.

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.