Equities researchers at StockNews.com initiated coverage on shares of Territorial Bancorp (NASDAQ:TBNK - Get Free Report) in a research report issued on Saturday. The brokerage set a "hold" rating on the financial services provider's stock.
Territorial Bancorp Stock Down 0.7 %
NASDAQ TBNK traded down $0.07 on Friday, reaching $10.61. 11,425 shares of the stock traded hands, compared to its average volume of 24,526. Territorial Bancorp has a 12 month low of $6.92 and a 12 month high of $11.64. The company has a market cap of $93.69 million, a price-to-earnings ratio of -40.81 and a beta of 0.61. The company has a fifty day moving average price of $10.70 and a 200-day moving average price of $9.60. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.84 and a current ratio of 0.84.
Territorial Bancorp (NASDAQ:TBNK - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The financial services provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.10). Territorial Bancorp had a negative net margin of 3.01% and a negative return on equity of 0.90%. The firm had revenue of $18.93 million during the quarter.
Institutional Trading of Territorial Bancorp
A number of hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in shares of Territorial Bancorp in the 2nd quarter worth $27,000. Longfellow Investment Management Co. LLC bought a new position in Territorial Bancorp in the second quarter worth about $37,000. Skandinaviska Enskilda Banken AB publ bought a new position in Territorial Bancorp in the second quarter worth about $501,000. Atria Investments Inc lifted its position in shares of Territorial Bancorp by 12.7% during the third quarter. Atria Investments Inc now owns 12,204 shares of the financial services provider's stock valued at $127,000 after buying an additional 1,380 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings 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 valued at $8,208,000 after buying 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
(
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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