Territorial Bancorp (NASDAQ:TBNK) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Territorial Bancorp Inc. (NASDAQ:TBNK - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.80 and traded as high as $10.97. Territorial Bancorp shares last traded at $10.95, with a volume of 6,930 shares.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Keefe, Bruyette & Woods increased their price objective on Territorial Bancorp from $9.66 to $11.27 and gave the stock a "market perform" rating in a research report on Wednesday, August 14th. StockNews.com assumed coverage on Territorial Bancorp in a research report on Saturday. They issued a "hold" rating for the company.

Territorial Bancorp Price Performance

The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.95. The company has a market cap of $96.71 million, a price-to-earnings ratio of 43.80 and a beta of 0.61. The company has a fifty day simple moving average of $9.97 and a two-hundred day simple moving average of $8.81.

Territorial Bancorp (NASDAQ:TBNK - Get Free Report) last posted its earnings results on Friday, July 26th. The financial services provider reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.06). The firm had revenue of $8.90 million during the quarter, compared to analyst estimates of $8.96 million. Territorial Bancorp had a negative net margin of 0.06% and a negative return on equity of 0.02%.

Territorial Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 9th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend was Friday, August 9th. Territorial Bancorp's dividend payout ratio (DPR) is 16.00%.

Institutional Trading of Territorial Bancorp

Several large investors have recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Territorial Bancorp during the second quarter valued at $501,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Territorial Bancorp during the second quarter valued at $37,000. International Assets Investment Management LLC acquired a new stake in shares of Territorial Bancorp during the second quarter valued at $27,000. Finally, Acadian Asset Management LLC boosted its stake in shares of Territorial Bancorp by 3.7% during the first quarter. Acadian Asset Management LLC now owns 79,342 shares of the financial services provider's stock valued at $638,000 after acquiring an additional 2,801 shares during the last quarter. Institutional investors and hedge funds own 50.35% of the company's stock.

About Territorial Bancorp

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.