Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Sells $59,105.80 in Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 1,790 shares of Timberland Bancorp stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $33.02, for a total value of $59,105.80. Following the transaction, the chief operating officer now owns 4,550 shares of the company’s stock, valued at $150,241. The trade was a 28.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Friday, November 22nd, Jonathan Arthur Fischer sold 2,044 shares of Timberland Bancorp stock. The shares were sold at an average price of $33.09, for a total value of $67,635.96.

Timberland Bancorp Stock Performance

Shares of TSBK stock traded up $0.32 during trading on Monday, reaching $33.32. 15,031 shares of the company’s stock were exchanged, compared to its average volume of 13,382. The firm’s fifty day moving average price is $30.66 and its 200-day moving average price is $28.66. Timberland Bancorp, Inc. has a twelve month low of $23.93 and a twelve month high of $33.98. The stock has a market capitalization of $265.43 million, a PE ratio of 11.11 and a beta of 0.66. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.08.

Timberland Bancorp Increases Dividend

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

Institutional Trading of Timberland Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Timberland Bancorp during the third quarter worth approximately $251,000. 180 Wealth Advisors LLC acquired a new stake in Timberland Bancorp during the 2nd quarter worth approximately $272,000. Hsbc Holdings PLC boosted its stake in Timberland Bancorp by 27.7% in the 2nd quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company’s stock valued at $361,000 after purchasing an additional 2,965 shares during the period. Prospector Partners LLC acquired a new position in Timberland Bancorp in the 3rd quarter valued at $565,000. Finally, Barclays PLC increased its position in 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 buying an additional 6,725 shares during the period. Institutional investors own 65.49% of the company’s stock.

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.