Territorial Bancorp (NASDAQ:TBNK) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Territorial Bancorp (NASDAQ:TBNK) in a research report released on Friday morning. The firm issued a hold rating on the financial services provider’s stock.

Territorial Bancorp Stock Up 0.2 %

Shares of NASDAQ TBNK opened at $9.03 on Friday. The company has a market cap of $79.75 million, a price-to-earnings ratio of -34.73 and a beta of 0.62. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.71. The firm’s fifty day moving average is $9.85 and its 200 day moving average is $9.97. Territorial Bancorp has a 52 week low of $6.92 and a 52 week high of $11.44.

Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.18). Territorial Bancorp had a negative net margin of 3.01% and a negative return on equity of 0.90%.

Institutional Trading of Territorial Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TBNK. Atria Investments Inc raised its holdings in Territorial Bancorp by 12.7% in the 3rd quarter. Atria Investments Inc now owns 12,204 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 1,380 shares in the last quarter. CKW Financial Group purchased a new stake in Territorial Bancorp in the fourth quarter worth about $35,000. International Assets Investment Management LLC boosted its position in Territorial Bancorp by 944.0% during the 3rd quarter. International Assets Investment Management LLC now owns 34,452 shares of the financial services provider’s stock valued at $3,300,000 after acquiring an additional 31,152 shares in the last quarter. Four Tree Island Advisory LLC purchased a new position in shares of Territorial Bancorp during the 4th quarter worth approximately $364,000. Finally, Wellington Management Group LLP raised its position in shares of Territorial Bancorp by 22.9% in the 3rd quarter. Wellington Management Group LLP now owns 786,248 shares of the financial services provider’s stock worth $8,208,000 after acquiring an additional 146,541 shares in the last quarter. Hedge funds and other institutional investors own 50.35% of the company’s stock.

Territorial Bancorp Company Profile

Territorial Bancorp Inc operates as the holding company for Territorial Savings Bank that engages in the provision of various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings, money market, commercial and regular checking, and Super NOW accounts, as well as certificates of deposit.