Insider Selling: Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Sells 1,790 Shares of Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 1,790 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were 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 $150,241. This trade represents a 28.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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 transaction of $67,635.96.

Timberland Bancorp Trading Up 1.9 %

Shares of Timberland Bancorp stock opened at $33.05 on Thursday. Timberland Bancorp, Inc. has a 1 year low of $23.93 and a 1 year high of $33.98. 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 has a 50 day moving average price of $30.81 and a 200 day moving average price of $28.79. The company has a market capitalization of $263.41 million, a P/E ratio of 11.02 and a beta of 0.66.

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.03%. 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 Inflows and Outflows

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

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.