Stock analysts at StockNews.com started coverage on shares of Territorial Bancorp (NASDAQ:TBNK - Get Free Report) in a research report issued to clients and investors on Saturday. The brokerage set a "hold" rating on the financial services provider's stock.
Separately, Keefe, Bruyette & Woods raised their price target on Territorial Bancorp from $9.66 to $11.27 and gave the company a "market perform" rating in a research note on Wednesday, August 14th.
Check Out Our Latest Research Report on TBNK
Territorial Bancorp Trading Down 0.7 %
Territorial Bancorp stock traded down $0.08 during trading hours on Friday, hitting $10.95. The company had a trading volume of 6,930 shares, compared to its average volume of 24,746. The firm has a market cap of $96.71 million, a P/E ratio of 43.80 and a beta of 0.61. The company has a 50-day moving average price of $9.97 and a two-hundred day moving average price of $8.81. Territorial Bancorp has a 1 year low of $6.85 and a 1 year high of $11.64. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.86 and a current ratio of 0.86.
Territorial Bancorp (NASDAQ:TBNK - Get Free Report) last announced its quarterly earnings results on Friday, July 26th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.06). The firm had revenue of $8.90 million during the quarter, compared to analysts' expectations of $8.96 million. Territorial Bancorp had a negative net margin of 0.06% and a negative return on equity of 0.02%.
Institutional Investors Weigh In On Territorial Bancorp
A number of institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new position in Territorial Bancorp in the second quarter worth $27,000. Longfellow Investment Management Co. LLC purchased a new position in Territorial Bancorp during the 2nd quarter worth $37,000. Skandinaviska Enskilda Banken AB publ acquired a new position in Territorial Bancorp during the 2nd quarter valued at about $501,000. Finally, Acadian Asset Management LLC raised its stake in Territorial Bancorp by 3.7% in the first quarter. Acadian Asset Management LLC now owns 79,342 shares of the financial services provider's stock valued at $638,000 after buying an additional 2,801 shares during the last quarter. Institutional investors own 50.35% of the company's stock.
Territorial Bancorp Company Profile
(
Get Free Report)
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.
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