Cutler Capital Management buys $692,288 stake in Timberland Bancorp (TSBK)

Timberland Bancorp (TSBK) : Cutler Capital Management scooped up 36,756 additional shares in Timberland Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 46,400 shares of Timberland Bancorp which is valued at $692,288.Timberland Bancorp makes up approximately 0.51% of Cutler Capital Management’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management boosted its stake in TSBK in the latest quarter, The investment management firm added 2,520 additional shares and now holds a total of 3,581 shares of Timberland Bancorp which is valued at $53,572.James Investment Research Inc boosted its stake in TSBK in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 3,685 shares of Timberland Bancorp which is valued at $54,206. Pecaut sold out all of its stake in TSBK during the most recent quarter. The investment firm sold 15,000 shares of TSBK which is valued $223,050.

Timberland Bancorp closed down -0.19 points or -1.24% at $15.11 with 6,914 shares getting traded on Friday. Post opening the session at $15.24, the shares hit an intraday low of $14.9 and an intraday high of $15.26 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Timberland Bancorp Inc. is a holding company for Timberland Savings Bank SSB (Bank). The Company’s business activities are limited to passive investment activities and oversight of its investment in 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. Lending activities focuses on the origination of loans secured by real estate including construction loans and land development one- to four-family residential loans multi-family loans commercial real estate loans and land loans. The Company had total assets of $ 745.6 million total deposits of $ 608.3 million and total shareholders’ equity of $89.7 million. The Bank considers Grays Harbor Thurston Pierce King Kitsap and Lewis Counties Washington as its market areas.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Timberland Bancorp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Timberland Bancorp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.