Analysts at StockNews.com began coverage on shares of Territorial Bancorp (NASDAQ:TBNK - Get Free Report) in a report issued on Tuesday. The brokerage set a "hold" rating on the financial services provider's stock.
Territorial Bancorp Stock Performance
Shares of NASDAQ TBNK traded down $0.07 during trading hours on Tuesday, reaching $9.28. The stock had a trading volume of 13,829 shares, compared to its average volume of 26,907. The firm has a 50-day moving average of $10.41 and a 200-day moving average of $9.85. The firm has a market cap of $81.96 million, a price-to-earnings ratio of -35.69 and a beta of 0.62. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.71. Territorial Bancorp has a fifty-two week low of $6.92 and a fifty-two week high of $11.60.
Territorial Bancorp (NASDAQ:TBNK - Get Free Report) last announced its earnings results on Monday, October 28th. The financial services provider reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.10). The business had revenue of $18.93 million during the quarter. Territorial Bancorp had a negative net margin of 3.01% and a negative return on equity of 0.90%.
Hedge Funds Weigh In On Territorial Bancorp
A number of large investors have recently bought and sold shares of TBNK. Wellington Management Group LLP grew its position in Territorial Bancorp by 22.9% during the third quarter. Wellington Management Group LLP now owns 786,248 shares of the financial services provider's stock worth $8,208,000 after buying an additional 146,541 shares during the period. Oddo BHF Asset Management Sas purchased a new stake in Territorial Bancorp in the 3rd quarter valued at approximately $3,726,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Territorial Bancorp during the second quarter valued at $501,000. International Assets Investment Management LLC increased 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 worth $3,300,000 after purchasing an additional 31,152 shares in the last quarter. Finally, Atria Investments Inc lifted 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 valued at $127,000 after purchasing an additional 1,380 shares in the last quarter. Hedge funds and other institutional investors own 50.35% of the company's stock.
About Territorial Bancorp
(
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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