Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer 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 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 sale, the chief operating officer now directly owns 4,550 shares of the company’s stock, valued at $150,241. This trade represents a 28.23 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 stock was sold at an average price of $33.09, for a total value of $67,635.96.

Timberland Bancorp Stock Performance

TSBK opened at $33.32 on Tuesday. The company has a market cap of $265.43 million, a price-to-earnings ratio of 11.11 and a beta of 0.66. The company’s fifty day moving average price is $30.66 and its two-hundred day moving average price is $28.66. Timberland Bancorp, Inc. has a 1-year low of $23.93 and a 1-year high of $33.98. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08.

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. 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 yield of 3.00%. The ex-dividend date of this dividend is Friday, November 15th. Timberland Bancorp’s payout ratio is currently 33.33%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Timberland Bancorp by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 408,069 shares of the savings and loans company’s stock worth $10,985,000 after acquiring an additional 2,949 shares during the last quarter. 180 Wealth Advisors LLC bought a new position in shares of Timberland Bancorp during the 2nd quarter worth approximately $272,000. Bank of New York Mellon Corp lifted its position in shares of Timberland Bancorp by 11.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 25,778 shares of the savings and loans company’s stock worth $698,000 after buying an additional 2,609 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in shares of Timberland Bancorp by 8.5% in the 2nd quarter. Panagora Asset Management Inc. now owns 23,999 shares of the savings and loans company’s stock worth $650,000 after buying an additional 1,881 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Timberland Bancorp by 27.7% in the second quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company’s stock valued at $361,000 after acquiring an additional 2,965 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.