Stock analysts at StockNews.com assumed coverage on shares of Territorial Bancorp (NASDAQ:TBNK - Get Free Report) in a note issued to investors on Friday. The firm set a "hold" rating on the financial services provider's stock.
Territorial Bancorp Stock Performance
NASDAQ:TBNK traded up $0.01 on Friday, reaching $8.38. 15,394 shares of the company's stock were exchanged, compared to its average volume of 24,255. The firm has a market cap of $74.01 million, a price-to-earnings ratio of -16.76 and a beta of 0.59. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a fifty day simple moving average of $8.59 and a 200-day simple moving average of $9.69. Territorial Bancorp has a 52 week low of $6.92 and a 52 week high of $11.44.
Territorial Bancorp (NASDAQ:TBNK - Get Free Report) last released 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 return on equity of 1.72% and a negative net margin of 5.74%.
Institutional Investors Weigh In On Territorial Bancorp
Large investors have recently added to or reduced their stakes in the business. Oddo BHF Asset Management Sas bought a new position in Territorial Bancorp in the 3rd quarter worth about $3,726,000. Wellington Management Group LLP grew its holdings in shares of 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 purchasing an additional 146,541 shares in the last quarter. CSS LLC IL increased its position in shares of Territorial Bancorp by 583.5% in the fourth quarter. CSS LLC IL now owns 110,774 shares of the financial services provider's stock worth $1,078,000 after purchasing an additional 94,566 shares during the last quarter. Susquehanna International Group LLP raised its stake in Territorial Bancorp by 66.8% in the fourth quarter. Susquehanna International Group LLP now owns 185,250 shares of the financial services provider's stock valued at $1,802,000 after purchasing an additional 74,207 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in Territorial Bancorp by 8.3% during the fourth quarter. Alliancebernstein L.P. now owns 500,523 shares of the financial services provider's stock valued at $4,870,000 after purchasing an additional 38,500 shares during the last quarter. 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.
Further Reading
Before you consider Territorial Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Territorial Bancorp wasn't on the list.
While Territorial Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
