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

Equities research analysts at StockNews.com assumed coverage on shares of Territorial Bancorp (NASDAQ:TBNK) in a report issued on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

Territorial Bancorp Price Performance

TBNK opened at $9.01 on Wednesday. The firm has a market cap of $79.58 million, a price-to-earnings ratio of -34.65 and a beta of 0.62. Territorial Bancorp has a twelve month low of $6.92 and a twelve month high of $11.60. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.71. The company has a fifty day simple moving average of $10.27 and a 200 day simple moving average of $9.91.

Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings data on Monday, October 28th. The financial services provider reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.10). Territorial Bancorp had a negative return on equity of 0.90% and a negative net margin of 3.01%. The company had revenue of $18.93 million for the quarter.

Institutional Trading of Territorial Bancorp

Large investors have recently added to or reduced their stakes in the company. Oddo BHF Asset Management Sas bought a new stake in shares of Territorial Bancorp in the 3rd quarter valued at $3,726,000. Wellington Management Group LLP increased its holdings in Territorial Bancorp by 22.9% during the 3rd 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. Skandinaviska Enskilda Banken AB publ acquired a new position in Territorial Bancorp during the 2nd quarter worth approximately $501,000. International Assets Investment Management LLC grew its stake in shares of Territorial Bancorp by 944.0% during the 3rd quarter. International Assets Investment Management LLC now owns 34,452 shares of the financial services provider’s stock worth $3,300,000 after acquiring an additional 31,152 shares in the last quarter. Finally, Atria Investments Inc boosted its holdings in 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 purchasing an additional 1,380 shares during the last quarter. 50.35% of the stock is owned by institutional investors.

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.