Kiley Juergens Wealth Management LLC Sells 566 Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK)

Kiley Juergens Wealth Management LLC lessened its stake in Timberland Bancorp, Inc. (NASDAQ:TSBK) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 122,313 shares of the savings and loans company’s stock after selling 566 shares during the quarter. Timberland Bancorp accounts for about 1.3% of Kiley Juergens Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Kiley Juergens Wealth Management LLC’s holdings in Timberland Bancorp were worth $3,848,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Panagora Asset Management Inc. acquired a new position in Timberland Bancorp in the third quarter valued at about $350,000. Planned Solutions Inc. acquired a new position in Timberland Bancorp during the fourth quarter worth about $31,000. Barclays PLC raised its stake in Timberland Bancorp by 796.8% during the fourth quarter. Barclays PLC now owns 3,928 shares of the savings and loans company’s stock worth $134,000 after acquiring an additional 3,490 shares in the last quarter. Wells Fargo & Company MN raised its stake in Timberland Bancorp by 128.4% during the second quarter. Wells Fargo & Company MN now owns 5,087 shares of the savings and loans company’s stock worth $130,000 after acquiring an additional 2,860 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in Timberland Bancorp by 156.7% during the first quarter. Acadian Asset Management LLC now owns 4,797 shares of the savings and loans company’s stock worth $128,000 after acquiring an additional 2,928 shares in the last quarter. Institutional investors and hedge funds own 65.49% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet cut Timberland Bancorp from a “b” rating to a “c+” rating in a report on Monday, March 18th.

Timberland Bancorp Trading Down 0.7 %

TSBK stock traded down $0.17 during trading on Tuesday, hitting $24.53. The company had a trading volume of 11,982 shares, compared to its average volume of 13,570. The business has a 50-day moving average of $26.29 and a 200-day moving average of $28.21. Timberland Bancorp, Inc. has a one year low of $22.11 and a one year high of $32.20. The stock has a market cap of $199.18 million, a PE ratio of 7.89 and a beta of 0.79. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK) last announced its earnings results on Monday, January 22nd. The savings and loans company reported $0.77 EPS for the quarter. Timberland Bancorp had a return on equity of 11.17% and a net margin of 27.40%. The business had revenue of $18.80 million for the quarter.

Timberland Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Friday, February 9th were issued a $0.24 dividend. The ex-dividend date was Thursday, February 8th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 3.91%. Timberland Bancorp’s dividend payout ratio is presently 30.48%.

Timberland Bancorp 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.