De Lisle Partners LLP Has $1.62 Million Position in Timberland Bancorp, Inc. (NASDAQ:TSBK)

De Lisle Partners LLP grew its stake in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) by 34.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,633 shares of the savings and loans company’s stock after acquiring an additional 13,698 shares during the period. De Lisle Partners LLP owned 0.67% of Timberland Bancorp worth $1,619,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Timberland Bancorp in the 3rd quarter valued at approximately $251,000. 180 Wealth Advisors LLC bought a new stake in Timberland Bancorp in the second quarter worth approximately $272,000. Hsbc Holdings PLC increased its stake in shares of Timberland Bancorp by 27.7% during the 2nd quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company’s stock worth $361,000 after purchasing an additional 2,965 shares during the last quarter. Prospector Partners LLC acquired a new position in shares of Timberland Bancorp during the 3rd quarter worth $565,000. Finally, Panagora Asset Management Inc. raised its holdings in shares of Timberland Bancorp by 8.5% during the 2nd quarter. Panagora Asset Management Inc. now owns 23,999 shares of the savings and loans company’s stock valued at $650,000 after purchasing an additional 1,881 shares in the last quarter. 65.49% of the stock is owned by institutional investors and hedge funds.

Timberland Bancorp Trading Up 1.9 %

Timberland Bancorp stock opened at $33.05 on Thursday. Timberland Bancorp, Inc. has a one year low of $23.93 and a one year high of $33.98. The company’s fifty day moving average price is $30.81 and its two-hundred day moving average price is $28.79. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $263.41 million, a price-to-earnings ratio of 11.02 and a beta of 0.66.

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders 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. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.03%. Timberland Bancorp’s dividend payout ratio is currently 33.33%.

Insider Activity at Timberland Bancorp

In related news, COO Jonathan Arthur Fischer sold 1,790 shares of the firm’s stock in a transaction 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 transaction, the chief operating officer now directly owns 4,550 shares in the company, valued at approximately $150,241. This trade represents a 28.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders have sold 4,111 shares of company stock valued at $135,819. Corporate insiders own 3.40% of the company’s stock.

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.