Timberland Bancorp (NASDAQ:TSBK) Stock Rating Lowered by StockNews.com

Timberland Bancorp (NASDAQ:TSBK) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Friday.

Timberland Bancorp Stock Performance

Shares of TSBK opened at $30.80 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average of $30.25 and a 200 day moving average of $30.54. The company has a market capitalization of $245.04 million, a price-to-earnings ratio of 9.97 and a beta of 0.67. Timberland Bancorp has a 12 month low of $23.93 and a 12 month high of $33.98.

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

Insider Buying and Selling

In related news, COO Jonathan Arthur Fischer sold 1,790 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $33.02, for a total transaction of $59,105.80. Following the completion of the transaction, the chief operating officer now owns 4,550 shares in the company, valued at $150,241. This represents a 28.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its stake in shares of Timberland Bancorp by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 168,813 shares of the savings and loans company’s stock valued at $5,151,000 after purchasing an additional 435 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Timberland Bancorp by 158.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,053 shares of the savings and loans company’s stock worth $32,000 after buying an additional 645 shares during the period. Bridgeway Capital Management LLC boosted its position in Timberland Bancorp by 0.5% during the 4th quarter. Bridgeway Capital Management LLC now owns 142,706 shares of the savings and loans company’s stock valued at $4,354,000 after acquiring an additional 705 shares in the last quarter. Empowered Funds LLC boosted its position in Timberland Bancorp by 1.9% during the 4th quarter. Empowered Funds LLC now owns 51,572 shares of the savings and loans company’s stock valued at $1,573,000 after acquiring an additional 950 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Timberland Bancorp by 16.1% during the 4th quarter. Wells Fargo & Company MN now owns 6,959 shares of the savings and loans company’s stock worth $212,000 after acquiring an additional 964 shares during the period. 65.49% of the stock is 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.