De Lisle Partners LLP Has $1.62 Million Stock Position in Timberland Bancorp, Inc. (NASDAQ:TSBK)

De Lisle Partners LLP lifted its position in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) by 34.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 53,633 shares of the savings and loans company’s stock after purchasing an additional 13,698 shares during the quarter. De Lisle Partners LLP’s holdings in Timberland Bancorp were worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. increased its holdings in Timberland Bancorp by 4.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,434 shares of the savings and loans company’s stock valued at $679,000 after buying an additional 1,040 shares during the period. Panagora Asset Management Inc. increased its stake in Timberland Bancorp by 8.5% in the second quarter. Panagora Asset Management Inc. now owns 23,999 shares of the savings and loans company’s stock valued at $650,000 after acquiring an additional 1,881 shares during the period. Empowered Funds LLC raised its position in Timberland Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 50,622 shares of the savings and loans company’s stock worth $1,532,000 after purchasing an additional 2,546 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Timberland Bancorp by 11.3% during the second quarter. Bank of New York Mellon Corp now owns 25,778 shares of the savings and loans company’s stock valued at $698,000 after purchasing an additional 2,609 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Timberland Bancorp by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 408,069 shares of the savings and loans company’s stock valued at $10,985,000 after purchasing an additional 2,949 shares during the period. 65.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, COO Jonathan Arthur Fischer sold 2,044 shares of Timberland Bancorp 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 in the company, valued at approximately $150,559.50. The trade was a 31.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last quarter, insiders have sold 4,111 shares of company stock worth $135,819. Corporate insiders own 3.40% of the company’s stock.

Timberland Bancorp Trading Up 1.9 %

Shares of TSBK opened at $33.05 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The stock has a market cap of $263.41 million, a PE ratio of 11.02 and a beta of 0.66. Timberland Bancorp, Inc. has a 1 year low of $23.93 and a 1 year high of $33.98. The stock has a 50 day simple moving average of $30.81 and a 200-day simple moving average of $28.79.

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, November 15th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.03%. Timberland Bancorp’s dividend payout ratio (DPR) is presently 33.33%.

Timberland Bancorp 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.