CKW Financial Group Makes New $35,000 Investment in Territorial Bancorp Inc. (NASDAQ:TBNK)

CKW Financial Group purchased a new stake in Territorial Bancorp Inc. (NASDAQ:TBNK) in the fourth quarter, HoldingsChannel reports. The firm purchased 3,612 shares of the financial services provider’s stock, valued at approximately $35,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TBNK. Wellington Management Group LLP grew its stake in Territorial Bancorp by 22.9% in the 3rd quarter. Wellington Management Group LLP now owns 786,248 shares of the financial services provider’s stock valued at $8,208,000 after acquiring an additional 146,541 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new stake in shares of Territorial Bancorp in the third quarter valued at about $3,726,000. International Assets Investment Management LLC grew its position in shares of Territorial Bancorp by 944.0% in the third quarter. International Assets Investment Management LLC now owns 34,452 shares of the financial services provider’s stock valued at $3,300,000 after purchasing an additional 31,152 shares during the last quarter. Finally, Atria Investments Inc increased its stake in shares of Territorial Bancorp by 12.7% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 50.35% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Territorial Bancorp in a research note on Thursday. They issued a “hold” rating on the stock.

Territorial Bancorp Stock Down 2.8 %

NASDAQ:TBNK opened at $9.09 on Monday. Territorial Bancorp Inc. has a 12-month low of $6.92 and a 12-month high of $11.60. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.84 and a current ratio of 0.84. The company’s 50-day moving average is $9.98 and its two-hundred day moving average is $9.96.

Territorial Bancorp (NASDAQ:TBNK) last announced its earnings results on Monday, October 28th. The financial services provider reported ($0.15) earnings per share (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 firm had revenue of $18.93 million for the quarter.

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.