Dimensional Fund Advisors LP boosted its position in Territorial Bancorp Inc. (NASDAQ:TBNK – Free Report) by 4.8% during the 4th quarter, HoldingsChannel reports. The firm owned 432,371 shares of the financial services provider’s stock after buying an additional 19,870 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Territorial Bancorp were worth $4,207,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Four Tree Island Advisory LLC bought a new stake in shares of Territorial Bancorp during the 4th quarter worth about $364,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Territorial Bancorp during the 4th quarter worth about $99,000. Alliancebernstein L.P. raised its position in shares of Territorial Bancorp by 8.3% during the 4th quarter. Alliancebernstein L.P. now owns 500,523 shares of the financial services provider’s stock worth $4,870,000 after buying an additional 38,500 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Territorial Bancorp by 11.2% during the 4th quarter. Wellington Management Group LLP now owns 874,388 shares of the financial services provider’s stock worth $8,508,000 after buying an additional 88,140 shares in the last quarter. Finally, CKW Financial Group bought a new stake in shares of Territorial Bancorp during the 4th quarter worth about $35,000. 50.35% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Territorial Bancorp in a research report on Wednesday, May 7th. They set a “hold” rating on the stock.
Read Our Latest Research Report on TBNK
Territorial Bancorp Price Performance
NASDAQ TBNK opened at $8.33 on Tuesday. The company’s 50 day simple moving average is $8.33 and its 200 day simple moving average is $9.21. The company has a market capitalization of $73.57 million, a P/E ratio of -16.66 and a beta of 0.59. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.84 and a quick ratio of 0.84. Territorial Bancorp Inc. has a 12 month low of $7.56 and a 12 month high of $11.44.
Territorial Bancorp Company 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.
See Also
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