American Century Companies Inc. Has $305,000 Stake in Territorial Bancorp Inc. (NASDAQ:TBNK)

American Century Companies Inc. trimmed its holdings in shares of Territorial Bancorp Inc. (NASDAQ:TBNK) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,638 shares of the financial services provider’s stock after selling 1,209 shares during the period. American Century Companies Inc. owned 0.43% of Territorial Bancorp worth $305,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TBNK. Acadian Asset Management LLC raised its position in shares of Territorial Bancorp by 3.7% during the 1st quarter. Acadian Asset Management LLC now owns 79,342 shares of the financial services provider’s stock valued at $638,000 after acquiring an additional 2,801 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Territorial Bancorp in the second quarter valued at about $27,000. Finally, Longfellow Investment Management Co. LLC acquired a new position in Territorial Bancorp in the second quarter valued at about $37,000. 50.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TBNK shares. Keefe, Bruyette & Woods upped 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. StockNews.com initiated coverage on shares of Territorial Bancorp in a report on Thursday. They set a “hold” rating for the company.

Territorial Bancorp Trading Up 7.3 %

NASDAQ TBNK opened at $11.42 on Friday. Territorial Bancorp Inc. has a one year low of $6.85 and a one year high of $11.64. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market cap of $100.86 million, a P/E ratio of 45.68 and a beta of 0.61. The stock’s 50-day moving average is $9.67 and its 200-day moving average is $8.62.

Territorial Bancorp (NASDAQ:TBNK) last announced its earnings results on Friday, July 26th. The financial services provider reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.06). Territorial Bancorp had a negative return on equity of 0.02% and a negative net margin of 0.06%. The company had revenue of $8.90 million for the quarter, compared to analyst estimates of $8.96 million.

Territorial Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Friday, August 9th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a $0.04 annualized dividend and a yield of 0.35%. Territorial Bancorp’s dividend payout ratio is currently 16.00%.

About Territorial Bancorp

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.