Territorial Bancorp Inc. (NASDAQ:TBNK) General Counsel Vernon Hirata sold 590 shares of Territorial Bancorp stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $30.09, for a total transaction of $17,753.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Vernon Hirata also recently made the following trade(s):

  • On Thursday, September 14th, Vernon Hirata sold 144 shares of Territorial Bancorp stock. The stock was sold at an average price of $30.01, for a total transaction of $4,321.44.
  • On Wednesday, September 13th, Vernon Hirata sold 3,866 shares of Territorial Bancorp stock. The stock was sold at an average price of $30.07, for a total transaction of $116,250.62.

Territorial Bancorp Inc. (NASDAQ TBNK) traded up 0.43% on Friday, hitting $30.51. 26,523 shares of the stock traded hands. The stock has a market capitalization of $282.74 million, a P/E ratio of 16.67 and a beta of 0.28. The company’s 50 day moving average price is $29.61 and its 200-day moving average price is $30.66. Territorial Bancorp Inc. has a 12-month low of $27.73 and a 12-month high of $34.00.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Investors of record on Thursday, August 10th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, August 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.62%. Territorial Bancorp’s dividend payout ratio is 43.96%.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & international copyright law. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/09/22/vernon-hirata-sells-590-shares-of-territorial-bancorp-inc-tbnk-stock.html.

Several equities analysts have recently issued reports on the stock. UBS AG cut shares of Territorial Bancorp to an “underperform” rating in a research note on Thursday, August 10th. BidaskClub downgraded shares of Territorial Bancorp from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of Territorial Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Raymond James Financial, Inc. reissued an “underperform” rating on shares of Territorial Bancorp in a research report on Thursday, August 10th. Finally, ValuEngine downgraded shares of Territorial Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Three analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. Territorial Bancorp has a consensus rating of “Sell” and a consensus price target of $36.00.

Several large investors have recently made changes to their positions in the stock. Martingale Asset Management L P raised its position in shares of Territorial Bancorp by 0.3% in the 1st quarter. Martingale Asset Management L P now owns 31,109 shares of the financial services provider’s stock valued at $970,000 after acquiring an additional 97 shares during the period. Rhumbline Advisers raised its position in shares of Territorial Bancorp by 1.6% in the 2nd quarter. Rhumbline Advisers now owns 10,199 shares of the financial services provider’s stock valued at $318,000 after acquiring an additional 165 shares during the period. Sei Investments Co. raised its position in shares of Territorial Bancorp by 4.6% in the 1st quarter. Sei Investments Co. now owns 4,822 shares of the financial services provider’s stock valued at $150,000 after acquiring an additional 213 shares during the period. Strs Ohio raised its position in shares of Territorial Bancorp by 6.5% in the 2nd quarter. Strs Ohio now owns 8,200 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 500 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Territorial Bancorp by 1.1% in the 1st quarter. JPMorgan Chase & Co. now owns 65,567 shares of the financial services provider’s stock valued at $2,043,000 after acquiring an additional 713 shares during the period. Institutional investors and hedge funds own 45.97% of the company’s stock.

Territorial Bancorp Company Profile

Territorial Bancorp Inc is the holding company for Territorial Savings Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking offices located throughout the State of Hawaii. Its business consists primarily of accepting deposits from the general public and investing those deposits together with funds generated from operations and borrowings in one- to four-family residential mortgage loans and investment securities.

Insider Buying and Selling by Quarter for Territorial Bancorp (NASDAQ:TBNK)

Receive News & Stock Ratings for Territorial Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Territorial Bancorp Inc. and related stocks with our FREE daily email newsletter.