Renaissance Technologies LLC boosted its stake in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) by 9.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 338,200 shares of the savings and loans company’s stock after acquiring an additional 30,000 shares during the period. Renaissance Technologies LLC owned 4.58% of Timberland Bancorp worth $8,979,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its stake in Timberland Bancorp by 11,863.3% during the second quarter. The Manufacturers Life Insurance Company now owns 7,178 shares of the savings and loans company’s stock valued at $182,000 after acquiring an additional 7,118 shares in the last quarter. SG Americas Securities LLC purchased a new position in Timberland Bancorp during the third quarter valued at $291,000. First Quadrant L P CA purchased a new position in Timberland Bancorp during the fourth quarter valued at $270,000. California State Teachers Retirement System purchased a new position in Timberland Bancorp during the second quarter valued at $278,000. Finally, First Trust Advisors LP purchased a new position in Timberland Bancorp during the fourth quarter valued at $381,000. 55.41% of the stock is owned by institutional investors.
In related news, Director Jon C. Parker sold 10,000 shares of the firm’s stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $30.72, for a total transaction of $307,200.00. Following the completion of the transaction, the director now directly owns 48,952 shares of the company’s stock, valued at $1,503,805.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Edward Colman Foster sold 3,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $29.00, for a total transaction of $87,000.00. Following the transaction, the executive vice president now directly owns 2,905 shares of the company’s stock, valued at $84,245. The disclosure for this sale can be found here. Insiders have sold 15,300 shares of company stock valued at $463,292 over the last ninety days. 6.30% of the stock is currently owned by corporate insiders.
Timberland Bancorp (NASDAQ:TSBK) last posted its earnings results on Monday, January 22nd. The savings and loans company reported $0.48 earnings per share for the quarter. The company had revenue of $12.57 million during the quarter. Timberland Bancorp had a net margin of 28.42% and a return on equity of 13.35%.
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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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