SG Americas Securities LLC Takes $291,000 Position in Timberland Bancorp, Inc. (TSBK)
SG Americas Securities LLC acquired a new position in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,300 shares of the savings and loans company’s stock, valued at approximately $291,000. SG Americas Securities LLC owned approximately 0.13% of Timberland Bancorp at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Advisor Group Inc. lifted its stake in shares of Timberland Bancorp by 110.6% in the second quarter. Advisor Group Inc. now owns 4,865 shares of the savings and loans company’s stock worth $123,000 after acquiring an additional 2,555 shares in the last quarter. Context BH Capital Management LP lifted its stake in shares of Timberland Bancorp by 6.1% in the second quarter. Context BH Capital Management LP now owns 71,269 shares of the savings and loans company’s stock worth $1,801,000 after acquiring an additional 4,101 shares in the last quarter. New York State Common Retirement Fund acquired a new position in shares of Timberland Bancorp in the second quarter worth about $167,000. The Manufacturers Life Insurance Company lifted its stake in shares of Timberland Bancorp by 11,863.3% in the second quarter. The Manufacturers Life Insurance Company now owns 7,178 shares of the savings and loans company’s stock worth $182,000 after acquiring an additional 7,118 shares in the last quarter. Finally, Strs Ohio lifted its stake in shares of Timberland Bancorp by 522.2% in the third quarter. Strs Ohio now owns 11,200 shares of the savings and loans company’s stock worth $351,000 after acquiring an additional 9,400 shares in the last quarter. Institutional investors own 54.26% of the company’s stock.
Timberland Bancorp, Inc. (TSBK) opened at $29.14 on Monday. Timberland Bancorp, Inc. has a one year low of $20.00 and a one year high of $32.10. The company has a market capitalization of $214.60, a PE ratio of 15.26 and a beta of 0.37.
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Wednesday, November 15th. Timberland Bancorp’s dividend payout ratio (DPR) is 23.04%.
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Timberland Bancorp Profile
Timberland Bancorp, Inc is the holding company for Timberland Savings Bank, SSB (the Bank). The Bank is a community-oriented bank, which offers a range of savings products to its retail customers while concentrating its lending activities on real estate mortgage loans and commercial business loans. The Bank offers personal banking solutions, business solutions, lending solutions and additional services.
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