Timberland Bancorp (NASDAQ:TSBK) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $30.58 and traded as high as $31.10. Timberland Bancorp shares last traded at $30.53, with a volume of 8,709 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Friday.

Timberland Bancorp Stock Down 0.9 %

The stock has a market capitalization of $242.90 million, a price-to-earnings ratio of 9.88 and a beta of 0.67. The business has a 50-day moving average of $30.21 and a 200-day moving average of $30.58. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 0.98.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings results on Monday, January 27th. The savings and loans company reported $0.86 earnings per share for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%.

Timberland Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders 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 yield of 3.28%. The ex-dividend date is Friday, February 14th. Timberland Bancorp’s payout ratio is 32.36%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of TSBK. Tower Research Capital LLC TRC lifted its stake in Timberland Bancorp by 158.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,053 shares of the savings and loans company’s stock worth $32,000 after acquiring an additional 645 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of Timberland Bancorp during the fourth quarter worth about $76,000. SG Americas Securities LLC purchased a new position in shares of Timberland Bancorp in the fourth quarter valued at approximately $101,000. Wells Fargo & Company MN grew its holdings in shares of Timberland Bancorp by 16.1% in the fourth quarter. Wells Fargo & Company MN now owns 6,959 shares of the savings and loans company’s stock valued at $212,000 after purchasing an additional 964 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Timberland Bancorp during the 3rd quarter worth approximately $251,000. 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.