Timberland Bancorp (NASDAQ:TSBK) Stock Price Crosses Above 200-Day Moving Average of $27.69

Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.69 and traded as high as $24.56. Timberland Bancorp shares last traded at $24.56, with a volume of 50 shares changing hands.

The firm has a 50-day moving average of $26.17 and a 200-day moving average of $27.69. The stock has a market capitalization of $203.68 million, a price-to-earnings ratio of 9.36 and a beta of 1.35.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 29th. Investors of record on Thursday, August 15th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Wednesday, August 14th.

In other Timberland Bancorp news, EVP Edward Colman Foster sold 1,900 shares of the company’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $25.64, for a total value of $48,716.00. Following the sale, the executive vice president now directly owns 2,705 shares of the company’s stock, valued at $69,356.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 7.10% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of TSBK. BNP Paribas Arbitrage SA lifted its stake in Timberland Bancorp by 674.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,573 shares of the savings and loans company’s stock valued at $44,000 after buying an additional 1,370 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Timberland Bancorp by 57.8% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,456 shares of the savings and loans company’s stock worth $71,000 after acquiring an additional 900 shares during the period. SG Americas Securities LLC acquired a new position in shares of Timberland Bancorp during the first quarter worth about $142,000. Bank of America Corp DE boosted its holdings in Timberland Bancorp by 36.8% during the fourth quarter. Bank of America Corp DE now owns 12,221 shares of the savings and loans company’s stock worth $273,000 after buying an additional 3,289 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Timberland Bancorp by 9.1% during the first quarter. Rhumbline Advisers now owns 9,818 shares of the savings and loans company’s stock worth $275,000 after buying an additional 815 shares in the last quarter. 54.31% of the stock is currently owned by institutional investors.

Timberland Bancorp Company Profile (NASDAQ:TSBK)

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land loans.

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