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

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

NASDAQ TSBK opened at $33.32 on Tuesday. The company’s 50 day moving average is $30.66 and its 200-day moving average is $28.66. The firm has a market cap of $265.43 million, a P/E ratio of 11.11 and a beta of 0.66. Timberland Bancorp, Inc. has a 12-month low of $23.93 and a 12-month high of $33.98. 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 declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.25 dividend. This is a positive change 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 3.00%. The ex-dividend date of this dividend is Friday, November 15th. Timberland Bancorp’s dividend payout ratio (DPR) is presently 33.33%.

Hedge Funds Weigh In On Timberland Bancorp

Several hedge funds have recently made changes to their positions in TSBK. Barclays PLC boosted its stake 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 worth $595,000 after purchasing an additional 6,725 shares during the period. State Street Corp boosted its position in shares of Timberland Bancorp by 1.4% in the third quarter. State Street Corp now owns 110,005 shares of the savings and loans company’s stock valued at $3,329,000 after acquiring an additional 1,489 shares during the period. De Lisle Partners LLP grew its stake in 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 valued at $1,619,000 after acquiring an additional 13,698 shares in the last quarter. Prospector Partners LLC bought a new stake in Timberland Bancorp during the 3rd quarter worth approximately $565,000. Finally, Charles Schwab Investment Management Inc. lifted its stake 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 worth $679,000 after purchasing an additional 1,040 shares in 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.