2 weeks Ago By ABMN Staff
Renaissance Technologies LLC reduced its holdings in shares of Territorial Bancorp Inc. ( NASDAQ:TBNK – Free Report ) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 426,573 shares of the financial services provider’s stock after selling 14,900 shares during the period. Renaissance Technologies LLC’s holdings in Territorial Bancorp were worth $4,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business.
CKW Financial Group acquired a new position in shares of Territorial Bancorp during the fourth quarter valued at about $35,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Territorial Bancorp in the fourth quarter worth $99,000. Four Tree Island Advisory LLC acquired a new stake in shares of Territorial Bancorp during the fourth quarter worth $364,000.
Alliancebernstein L.P. grew its holdings in shares of Territorial Bancorp by 8.
3% during the fourth quarter. Alliancebernstein L.P.
now owns 500,523 shares of the financial services provider’s stock valued at $4,870,000 after buying an additional 38,500 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Territorial Bancorp by 11.2% in the 4th quarter.
Wellington Management Group LLP now owns 874,388 shares of the financial services provider’s stock valued at $8,508,000 after acquiring an additional 88,140 shares during the period. 50.35% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Separately, StockNews.com assumed coverage on Territorial Bancorp in a research note on Monday. They set a “hold” rating on the stock.
Territorial Bancorp Stock Performance Shares of Territorial Bancorp stock opened at $8.33 on Tuesday. Territorial Bancorp Inc.
has a 1 year low of $7.00 and a 1 year high of $11.44.
The company has a debt-to-equity ratio of 0.71, a current ratio of 0.84 and a quick ratio of 0.
84. The stock has a market cap of $73.57 million, a PE ratio of -16.
66 and a beta of 0.59. The firm has a fifty day moving average price of $8.
37 and a 200 day moving average price of $9.46. Territorial Bancorp ( NASDAQ:TBNK – Get Free Report ) last issued its earnings results on Friday, January 31st.
The financial services provider reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates 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%. Territorial Bancorp Cuts Dividend The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.
01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.
48%. The ex-dividend date of this dividend was Friday, February 14th. Territorial Bancorp’s dividend payout ratio is currently -8.
00%. Territorial Bancorp Profile ( 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.
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