SG Americas Securities LLC Makes New Investment in Timberland Bancorp, Inc. (NASDAQ:TSBK)

SG Americas Securities LLC bought a new position in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 3,321 shares of the savings and loans company’s stock, valued at approximately $101,000.

Several other institutional investors also recently made changes to their positions in TSBK. Prospector Partners LLC purchased a new stake in shares of Timberland Bancorp during the 3rd quarter worth $565,000. De Lisle Partners LLP boosted 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 buying an additional 13,698 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Timberland Bancorp by 141.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,294 shares of the savings and loans company’s stock worth $433,000 after buying an additional 8,365 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Timberland Bancorp in the 3rd quarter worth about $251,000. Finally, Barclays PLC boosted its position in shares of Timberland Bancorp by 52.1% in the 3rd quarter. Barclays PLC now owns 19,643 shares of the savings and loans company’s stock worth $595,000 after buying an additional 6,725 shares in the last quarter. 65.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Timberland Bancorp

In related news, COO Jonathan Arthur Fischer sold 1,790 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $33.02, for a total value of $59,105.80. Following the completion of the transaction, the chief operating officer now directly owns 4,550 shares in the company, valued at approximately $150,241. This represents a 28.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 3.70% of the company’s stock.

Timberland Bancorp Price Performance

Timberland Bancorp stock opened at $30.29 on Thursday. Timberland Bancorp, Inc. has a 52 week low of $23.93 and a 52 week high of $33.98. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.08. The firm’s 50-day simple moving average is $30.64 and its 200 day simple moving average is $30.46. The firm has a market capitalization of $241.41 million, a PE ratio of 9.80 and a beta of 0.67.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.86 EPS for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.28%.

Timberland Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Friday, February 14th. Timberland Bancorp’s dividend payout ratio is presently 32.36%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Timberland Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday.

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.