Empowered Funds LLC Buys 950 Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK)

Empowered Funds LLC increased its stake in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,572 shares of the savings and loans company’s stock after acquiring an additional 950 shares during the quarter. Empowered Funds LLC owned approximately 0.65% of Timberland Bancorp worth $1,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of TSBK. Prospector Partners LLC purchased a new stake in Timberland Bancorp in the 3rd quarter worth approximately $565,000. De Lisle Partners LLP lifted its holdings in 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 during the period. JPMorgan Chase & Co. lifted its holdings in 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 during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Timberland Bancorp in the 3rd quarter worth approximately $251,000. Finally, Barclays PLC lifted its holdings in 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 during the period. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Activity at Timberland Bancorp

In other Timberland Bancorp news, COO Jonathan Arthur Fischer sold 1,790 shares of Timberland Bancorp 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 sale, the chief operating officer now owns 4,550 shares of the company’s stock, valued at approximately $150,241. This trade represents a 28.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.70% of the stock is owned by corporate insiders.

Timberland Bancorp Stock Down 0.7 %

TSBK stock opened at $30.48 on Friday. Timberland Bancorp, Inc. has a twelve month low of $23.93 and a twelve month 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 has a market cap of $242.93 million, a PE ratio of 9.86 and a beta of 0.67. The business has a 50 day moving average of $30.49 and a 200 day moving average of $30.46.

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

Timberland Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date is Friday, February 14th. Timberland Bancorp’s dividend payout ratio (DPR) is presently 32.36%.

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.