Territorial Bancorp (NASDAQ:TBNK) Now Covered by StockNews.com

StockNews.com began coverage on shares of Territorial Bancorp (NASDAQ:TBNK) in a note issued to investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Territorial Bancorp Price Performance

Shares of NASDAQ:TBNK opened at $8.33 on Friday. The firm has a market cap of $73.57 million, a price-to-earnings ratio of -16.66 and a beta of 0.59. The firm has a fifty day moving average price of $8.52 and a 200 day moving average price of $9.65. 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 has a fifty-two week low of $6.92 and a fifty-two week high of $11.44.

Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported ($0.20) earnings per share 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 Trading of Territorial Bancorp

Large investors have recently made changes to their positions in the stock. CKW Financial Group bought a new stake in Territorial Bancorp during the 4th quarter valued at about $35,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Territorial Bancorp during the fourth quarter valued at approximately $99,000. Northern Trust Corp boosted its holdings in shares of Territorial Bancorp by 55.8% in the fourth quarter. Northern Trust Corp now owns 34,836 shares of the financial services provider’s stock valued at $339,000 after purchasing an additional 12,476 shares during the period. Four Tree Island Advisory LLC bought a new position in Territorial Bancorp in the fourth quarter worth approximately $364,000. Finally, CSS LLC IL increased its holdings in Territorial Bancorp by 583.5% during the 4th 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 period. 50.35% of the stock is owned by hedge funds and other institutional investors.

Territorial Bancorp Company Profile

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.