Stock analysts at StockNews.com started 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.
Separately, Keefe, Bruyette & Woods raised their target price on Territorial Bancorp from $9.66 to $11.27 and gave the company a "market perform" rating in a report on Wednesday, August 14th.
Check Out Our Latest Stock Report on TBNK
Territorial Bancorp Stock Up 0.2 %
Shares of Territorial Bancorp stock traded up $0.02 during trading on Friday, hitting $10.70. 8,507 shares of the stock traded hands, compared to its average volume of 24,833. The company has a fifty day moving average price of $10.69 and a two-hundred day moving average price of $9.52. Territorial Bancorp has a twelve month low of $6.92 and a twelve month high of $11.64. The stock has a market cap of $94.48 million, a P/E ratio of -41.15 and a beta of 0.61. 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 posted its earnings results on Monday, October 28th. The financial services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.10). The business had revenue of $18.93 million during the quarter. Territorial Bancorp had a negative return on equity of 0.90% and a negative net margin of 3.01%.
Institutional Investors Weigh In On Territorial Bancorp
Hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of Territorial Bancorp in the second quarter worth about $27,000. Longfellow Investment Management Co. LLC bought a new position in Territorial Bancorp in the 2nd quarter worth approximately $37,000. Atria Investments Inc lifted its holdings 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 worth $127,000 after buying an additional 1,380 shares during the last quarter. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Territorial Bancorp in the second quarter valued at approximately $501,000. Finally, Oddo BHF Asset Management Sas bought a new stake in shares of Territorial Bancorp in the third quarter valued at approximately $3,726,000. 50.35% of the stock is currently owned by institutional investors.
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.
Featured Articles
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
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
