Territorial Bancorp Inc. (NASDAQ:TBNK) Stock Position Lifted by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in Territorial Bancorp Inc. (NASDAQ:TBNK) by 1,015.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,795 shares of the financial services provider’s stock after purchasing an additional 33,495 shares during the quarter. International Assets Investment Management LLC owned 0.42% of Territorial Bancorp worth $410,000 as of its most recent filing with the SEC.

Separately, Brandywine Global Investment Management LLC lifted its holdings in shares of Territorial Bancorp by 1.9% in the third quarter. Brandywine Global Investment Management LLC now owns 86,909 shares of the financial services provider’s stock valued at $790,000 after buying an additional 1,600 shares during the period. Institutional investors and hedge funds own 50.35% of the company’s stock.

Analyst Ratings Changes

TBNK has been the subject of several research analyst reports. StockNews.com initiated coverage on Territorial Bancorp in a report on Friday. They issued a “hold” rating for the company. Piper Sandler upped their price objective on Territorial Bancorp from $7.00 to $8.00 and gave the company an “underweight” rating in a report on Tuesday, January 30th.

Territorial Bancorp Trading Down 1.8 %

Shares of NASDAQ TBNK opened at $7.14 on Friday. Territorial Bancorp Inc. has a 12 month low of $6.85 and a 12 month high of $17.50. The company has a market cap of $63.05 million, a price-to-earnings ratio of 12.53 and a beta of 0.65. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.96. The business has a fifty day simple moving average of $8.14 and a 200-day simple moving average of $8.87.

Territorial Bancorp (NASDAQ:TBNK) last announced its earnings results on Friday, January 26th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.03). The company had revenue of $18.29 million for the quarter, compared to analysts’ expectations of $10.31 million. Territorial Bancorp had a net margin of 7.03% and a return on equity of 2.00%. Sell-side analysts predict that Territorial Bancorp Inc. will post 0.2 EPS for the current year.

Territorial Bancorp 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.