Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer Sells 2,044 Shares

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 2,044 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $33.09, for a total value of $67,635.96. Following the completion of the transaction, the chief operating officer now owns 4,550 shares of the company’s stock, valued at approximately $150,559.50. This represents a 31.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jonathan Arthur Fischer also recently made the following trade(s):

• On Monday, November 25th, Jonathan Arthur Fischer sold 1,790 shares of Timberland Bancorp stock. The shares were sold at an average price of $33.02, for a total value of $59,105.80.

Timberland Bancorp Stock Performance

NASDAQ TSBK traded up $0.32 on Monday, hitting $33.32. 15,031 shares of the stock were exchanged, compared to its average volume of 13,382. The company has a market capitalization of $265.43 million, a PE ratio of 11.00 and a beta of 0.66. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 0.97. The business’s fifty day moving average is $30.66 and its 200 day moving average is $28.66. Timberland Bancorp, Inc. has a 52 week low of $23.93 and a 52 week high of $33.98.

Timberland Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.00%. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, November 15th. Timberland Bancorp’s dividend payout ratio is presently 33.33%.

Hedge Funds Weigh In On Timberland Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Prospector Partners LLC bought a new position in Timberland Bancorp in the 3rd quarter valued at about $565,000. De Lisle Partners LLP lifted its holdings in Timberland Bancorp by 34.3% during 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 purchasing an additional 13,698 shares during the last quarter. 180 Wealth Advisors LLC bought a new stake in Timberland Bancorp in the 2nd quarter valued at $272,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Timberland Bancorp in the 3rd quarter valued at $251,000. Finally, Barclays PLC lifted its holdings in shares of Timberland Bancorp by 52.1% during the 3rd quarter. Barclays PLC now owns 19,643 shares of the savings and loans company’s stock worth $595,000 after acquiring an additional 6,725 shares during the period. Institutional investors own 65.49% of the company’s stock.

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.