Timberland Bancorp, Inc. (NASDAQ:TSBK) Director Daniel D. Yerrington sold 5,066 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $29.56, for a total transaction of $149,750.96. Following the transaction, the director now owns 118,630 shares of the company’s stock, valued at approximately $3,506,702.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
TSBK traded down $0.18 during midday trading on Friday, reaching $28.61. 1,191 shares of the company’s stock were exchanged, compared to its average volume of 10,834. The firm has a market capitalization of $240.40 million, a price-to-earnings ratio of 10.74 and a beta of 1.41. Timberland Bancorp, Inc. has a one year low of $21.91 and a one year high of $31.50. The business has a 50-day simple moving average of $28.30 and a two-hundred day simple moving average of $26.83.
Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings results on Thursday, October 31st. The savings and loans company reported $0.75 EPS for the quarter. The firm had revenue of $16.75 million during the quarter. Timberland Bancorp had a net margin of 34.28% and a return on equity of 14.32%.
A number of institutional investors and hedge funds have recently made changes to their positions in TSBK. State Street Corp raised its stake in shares of Timberland Bancorp by 2.2% in the third quarter. State Street Corp now owns 114,750 shares of the savings and loans company’s stock valued at $3,156,000 after acquiring an additional 2,438 shares during the last quarter. California Public Employees Retirement System grew its position in Timberland Bancorp by 5.8% during the 3rd quarter. California Public Employees Retirement System now owns 42,300 shares of the savings and loans company’s stock worth $1,163,000 after acquiring an additional 2,300 shares during the last quarter. Rhumbline Advisers grew its position in Timberland Bancorp by 8.9% during the 3rd quarter. Rhumbline Advisers now owns 11,597 shares of the savings and loans company’s stock worth $319,000 after acquiring an additional 952 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its holdings in Timberland Bancorp by 57.8% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,456 shares of the savings and loans company’s stock valued at $71,000 after purchasing an additional 900 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Timberland Bancorp by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 307,365 shares of the savings and loans company’s stock valued at $9,184,000 after purchasing an additional 1,960 shares in the last quarter. Hedge funds and other institutional investors own 54.20% of the company’s stock.
About Timberland Bancorp
Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and 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 loans.
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