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

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

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 Performance

Shares of NASDAQ:TSBK opened at $32.42 on Wednesday. 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 firm has a market cap of $258.26 million, a PE ratio of 10.81 and a beta of 0.66. The company’s 50 day moving average price is $30.76 and its two-hundred day moving average price is $28.76. Timberland Bancorp, Inc. has a 12-month low of $23.93 and a 12-month high of $33.98.

Timberland Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders 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 dividend yield of 3.08%. This is an increase 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 is presently 33.33%.

Institutional Investors Weigh In On Timberland Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Timberland Bancorp in the 3rd quarter valued at approximately $251,000. 180 Wealth Advisors LLC bought a new position in Timberland Bancorp in the second quarter valued at approximately $272,000. Hsbc Holdings PLC lifted its stake in Timberland Bancorp by 27.7% during the second quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company’s stock worth $361,000 after purchasing an additional 2,965 shares during the last quarter. Prospector Partners LLC acquired a new stake in shares of Timberland Bancorp in the 3rd quarter valued at $565,000. Finally, Barclays PLC boosted its holdings 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 in the last quarter. Institutional investors own 65.49% of the company’s stock.

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.