Barclays PLC Grows Stock Holdings in Timberland Bancorp, Inc. (NASDAQ:TSBK)

Barclays PLC increased its stake in Timberland Bancorp, Inc. (NASDAQ:TSBK) by 52.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,643 shares of the savings and loans company’s stock after buying an additional 6,725 shares during the period. Barclays PLC owned 0.25% of Timberland Bancorp worth $595,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in Timberland Bancorp by 1.4% in the third quarter. State Street Corp now owns 110,005 shares of the savings and loans company’s stock worth $3,329,000 after acquiring an additional 1,489 shares in the last quarter. De Lisle Partners LLP raised its position in shares of Timberland Bancorp by 34.3% in the 3rd quarter. De Lisle Partners LLP now owns 53,633 shares of the savings and loans company’s stock worth $1,619,000 after purchasing an additional 13,698 shares during the last quarter. Empowered Funds LLC boosted its stake in Timberland Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 50,622 shares of the savings and loans company’s stock worth $1,532,000 after purchasing an additional 2,546 shares in the last quarter. Bank of New York Mellon Corp grew its position in Timberland Bancorp by 11.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 25,778 shares of the savings and loans company’s stock valued at $698,000 after purchasing an additional 2,609 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Timberland Bancorp by 4.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,434 shares of the savings and loans company’s stock valued at $679,000 after purchasing an additional 1,040 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

Timberland Bancorp Trading Down 2.5 %

Shares of NASDAQ TSBK opened at $29.21 on Friday. The firm’s 50 day moving average price is $31.60 and its 200-day moving average price is $30.18. Timberland Bancorp, Inc. has a 52-week low of $23.93 and a 52-week high of $33.98. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $232.80 million, a PE ratio of 9.74 and a beta of 0.68.

Timberland Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.25 dividend. The ex-dividend date was Friday, November 15th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 3.42%. Timberland Bancorp’s dividend payout ratio is 33.33%.

Insider Buying and Selling at Timberland Bancorp

In related news, COO Jonathan Arthur Fischer sold 2,044 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $33.09, for a total transaction of $67,635.96. Following the sale, the chief operating officer now directly owns 4,550 shares of the company’s stock, valued at $150,559.50. This trade represents a 31.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 4,111 shares of company stock worth $135,819. Insiders own 3.70% of the company’s stock.

Timberland Bancorp 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.