Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer Sells 1,790 Shares

Timberland Bancorp, Inc. (NASDAQ:TSBKGet Free Report) 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 transaction, the chief operating officer now owns 4,550 shares of the company’s stock, valued at approximately $150,241. This represents a 28.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $33.09, for a total transaction of $67,635.96.

Timberland Bancorp Stock Down 2.7 %

Shares of TSBK opened at $32.42 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97. Timberland Bancorp, Inc. has a 52 week low of $23.93 and a 52 week high of $33.98. The stock has a market capitalization of $258.26 million, a price-to-earnings ratio of 10.81 and a beta of 0.66. The stock has a fifty day moving average of $30.76 and a 200-day moving average of $28.76.

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 dividend on an annualized basis and a dividend yield of 3.08%. This is a positive change 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 (DPR) is presently 33.33%.

Institutional Trading of Timberland Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in TSBK. Barclays PLC grew its holdings 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 acquiring an additional 6,725 shares during the last quarter. State Street Corp lifted its holdings in shares of Timberland Bancorp by 1.4% during the third 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 during the period. De Lisle Partners LLP lifted its holdings in shares of Timberland Bancorp by 34.3% during the third 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 period. Prospector Partners LLC acquired a new stake in Timberland Bancorp in the third quarter valued at $565,000. Finally, Charles Schwab Investment Management Inc. raised its position in Timberland Bancorp by 4.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,434 shares of the savings and loans company’s stock worth $679,000 after purchasing an additional 1,040 shares during the last quarter. 65.49% of the stock is currently owned by institutional investors.

About Timberland Bancorp

(Get Free Report)

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.

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