Timberland Bancorp, Inc. (NASDAQ:TSBK) EVP Edward Colman Foster sold 1,900 shares of the company’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $25.64, for a total transaction of $48,716.00. Following the completion of the sale, the executive vice president now directly owns 2,705 shares of the company’s stock, valued at approximately $69,356.20. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of TSBK opened at $27.99 on Friday. The firm has a market cap of $233.38 million, a price-to-earnings ratio of 11.20 and a beta of 1.24. Timberland Bancorp, Inc. has a twelve month low of $21.91 and a twelve month high of $39.45.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings results on Tuesday, April 30th. The savings and loans company reported $0.66 earnings per share for the quarter. The business had revenue of $16.67 million during the quarter. Timberland Bancorp had a net margin of 33.07% and a return on equity of 14.20%.

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Wednesday, May 15th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 14th. This represents a $0.60 annualized dividend and a yield of 2.14%.

Separately, BidaskClub raised shares of Timberland Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, March 1st.

Institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Arbitrage SA boosted its position in Timberland Bancorp by 674.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,573 shares of the savings and loans company’s stock valued at $44,000 after buying an additional 1,370 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in Timberland Bancorp by 48.2% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,556 shares of the savings and loans company’s stock valued at $44,000 after buying an additional 506 shares during the period. American International Group Inc. boosted its position in Timberland Bancorp by 8.9% during the 1st quarter. American International Group Inc. now owns 4,678 shares of the savings and loans company’s stock valued at $131,000 after buying an additional 383 shares during the period. SG Americas Securities LLC purchased a new stake in Timberland Bancorp during the 1st quarter valued at $142,000. Finally, Aptus Capital Advisors LLC purchased a new stake in Timberland Bancorp during the 4th quarter valued at $143,000. 54.21% of the stock is owned by institutional investors and hedge funds.

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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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