LSV Asset Management Has $296,000 Position in Timberland Bancorp, Inc. (NASDAQ:TSBK)

LSV Asset Management lessened its stake in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) by 29.4% during the 4th quarter, HoldingsChannel reports. The firm owned 9,700 shares of the savings and loans company’s stock after selling 4,039 shares during the quarter. LSV Asset Management’s holdings in Timberland Bancorp were worth $296,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its holdings in shares of Timberland Bancorp by 4.9% during 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 buying an additional 1,040 shares during the period. State Street Corp lifted its position in Timberland Bancorp by 1.4% during the 3rd quarter. State Street Corp now owns 110,005 shares of the savings and loans company’s stock worth $3,329,000 after acquiring an additional 1,489 shares during the last quarter. Barclays PLC boosted its holdings in Timberland Bancorp by 52.1% during the third quarter. Barclays PLC now owns 19,643 shares of the savings and loans company’s stock valued at $595,000 after acquiring an additional 6,725 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Timberland Bancorp by 141.1% in the third quarter. JPMorgan Chase & Co. now owns 14,294 shares of the savings and loans company’s stock worth $433,000 after purchasing an additional 8,365 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Timberland Bancorp in the fourth quarter worth about $101,000. Institutional investors and hedge funds own 65.49% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a report on Friday, February 21st.

Timberland Bancorp Trading Down 0.2 %

Shares of TSBK stock opened at $28.50 on Wednesday. The firm has a market capitalization of $226.75 million, a P/E ratio of 9.22 and a beta of 0.46. Timberland Bancorp, Inc. has a 1 year low of $24.26 and a 1 year high of $33.98. The firm’s fifty day simple moving average is $30.14 and its 200 day simple moving average is $30.58. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.86 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%.

Timberland Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.25 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.51%. Timberland Bancorp’s dividend payout ratio is currently 32.36%.

Timberland Bancorp Company Profile

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.