Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Sells $67,635.96 in Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 2,044 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $33.09, for a total transaction of $67,635.96. Following the completion of the sale, the chief operating officer now owns 4,550 shares of the company’s stock, valued at $150,559.50. The trade was a 31.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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 transaction of $59,105.80.

Timberland Bancorp Trading Up 1.0 %

NASDAQ:TSBK traded up $0.32 during trading hours 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 P/E ratio of 11.00 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. The company’s 50 day moving average is $30.66 and its two-hundred day moving average is $28.66. Timberland Bancorp, Inc. has a twelve month low of $23.93 and a twelve month high of $33.98.

Timberland Bancorp Increases Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Friday, November 15th. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.24. Timberland Bancorp’s dividend payout ratio is 33.33%.

Institutional Trading of Timberland Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSBK. Barclays PLC lifted its stake in shares of Timberland Bancorp by 52.1% in the 3rd quarter. Barclays PLC now owns 19,643 shares of the savings and loans company’s stock valued at $595,000 after purchasing an additional 6,725 shares during the period. State Street Corp increased its stake in Timberland Bancorp by 1.4% during the 3rd quarter. State Street Corp now owns 110,005 shares of the savings and loans company’s stock worth $3,329,000 after purchasing an additional 1,489 shares in the last quarter. De Lisle Partners LLP lifted its stake in Timberland Bancorp by 34.3% in the third quarter. De Lisle Partners LLP now owns 53,633 shares of the savings and loans company’s stock valued at $1,619,000 after buying an additional 13,698 shares in the last quarter. Prospector Partners LLC acquired a new position in Timberland Bancorp in the 3rd quarter worth $565,000. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Timberland Bancorp by 4.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 22,434 shares of the savings and loans company’s stock worth $679,000 after buying an additional 1,040 shares during the period. 65.49% of the stock is currently owned by institutional investors and hedge funds.

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.