Bailard Inc. Sells 2,500 Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK)

Bailard Inc. lessened its position in Timberland Bancorp, Inc. (NASDAQ:TSBKGet Rating) by 24.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,600 shares of the savings and loans company’s stock after selling 2,500 shares during the period. Bailard Inc.’s holdings in Timberland Bancorp were worth $211,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of Timberland Bancorp by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 63,699 shares of the savings and loans company’s stock valued at $1,844,000 after acquiring an additional 482 shares during the period. Russell Investments Group Ltd. grew its position in shares of Timberland Bancorp by 6.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 21,462 shares of the savings and loans company’s stock valued at $620,000 after acquiring an additional 1,313 shares during the period. Kiley Juergens Wealth Management LLC boosted its holdings in shares of Timberland Bancorp by 1.8% during the 4th quarter. Kiley Juergens Wealth Management LLC now owns 83,190 shares of the savings and loans company’s stock worth $2,304,000 after buying an additional 1,509 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Timberland Bancorp by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 595,412 shares of the savings and loans company’s stock worth $17,237,000 after buying an additional 2,086 shares during the period. Finally, Cutler Capital Management LLC boosted its holdings in shares of Timberland Bancorp by 0.8% during the 4th quarter. Cutler Capital Management LLC now owns 279,393 shares of the savings and loans company’s stock worth $7,739,000 after buying an additional 2,287 shares during the period. 62.86% of the stock is owned by institutional investors.

Separately, StockNews.com initiated coverage on shares of Timberland Bancorp in a report on Friday, May 13th. They set a “buy” rating for the company.

Shares of TSBK stock opened at $25.26 on Thursday. The company has a market capitalization of $209.81 million, a price-to-earnings ratio of 8.96 and a beta of 1.16. The company has a 50-day simple moving average of $26.67 and a 200 day simple moving average of $27.55. Timberland Bancorp, Inc. has a 52 week low of $25.26 and a 52 week high of $30.00.

Timberland Bancorp (NASDAQ:TSBKGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The savings and loans company reported $0.63 earnings per share for the quarter. Timberland Bancorp had a net margin of 34.70% and a return on equity of 11.53%. The business had revenue of $15.98 million during the quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 27th. Shareholders of record on Friday, May 13th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.48%. The ex-dividend date is Thursday, May 12th. Timberland Bancorp’s dividend payout ratio (DPR) is 31.21%.

In other Timberland Bancorp news, Director Jon C. Parker sold 1,000 shares of Timberland Bancorp stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $25.38, for a total value of $25,380.00. Following the completion of the sale, the director now owns 38,952 shares in the company, valued at approximately $988,601.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jonathan Arthur Fischer sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 15th. The shares were sold at an average price of $28.01, for a total transaction of $70,025.00. The disclosure for this sale can be found here. 5.40% of the stock is owned by insiders.

About Timberland Bancorp (Get Rating)

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, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land development loans.

Featured Articles

Want to see what other hedge funds are holding TSBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Timberland Bancorp, Inc. (NASDAQ:TSBKGet Rating).

Institutional Ownership by Quarter for Timberland Bancorp (NASDAQ:TSBK)

Receive News & Ratings for Timberland Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Timberland Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.