Territorial Bancorp Inc. (NASDAQ:TBNK) General Counsel Vernon Hirata sold 6,700 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $30.54, for a total transaction of $204,618.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Tuesday, November 14th, Vernon Hirata sold 9,000 shares of Territorial Bancorp stock. The shares were sold at an average price of $30.17, for a total transaction of $271,530.00.
  • On Friday, September 22nd, Vernon Hirata sold 1,900 shares of Territorial Bancorp stock. The shares were sold at an average price of $30.52, for a total transaction of $57,988.00.
  • On Wednesday, September 20th, Vernon Hirata sold 490 shares of Territorial Bancorp stock. The shares were sold at an average price of $30.00, for a total transaction of $14,700.00.
  • On Thursday, September 21st, Vernon Hirata sold 590 shares of Territorial Bancorp stock. The shares were sold at an average price of $30.09, for a total transaction of $17,753.10.
  • On Thursday, September 14th, Vernon Hirata sold 144 shares of Territorial Bancorp stock. The shares were 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 shares were sold at an average price of $30.07, for a total transaction of $116,250.62.

Territorial Bancorp Inc. (NASDAQ:TBNK) traded down $0.77 on Monday, hitting $30.46. 24,300 shares of the stock traded hands, compared to its average volume of 19,110. Territorial Bancorp Inc. has a 52 week low of $28.12 and a 52 week high of $34.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $300.96, a PE ratio of 16.83 and a beta of 0.28.

Territorial Bancorp (NASDAQ:TBNK) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.44 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.44. Territorial Bancorp had a net margin of 24.07% and a return on equity of 7.34%. The company had revenue of $15.57 million during the quarter, compared to analysts’ expectations of $15.90 million. equities research analysts anticipate that Territorial Bancorp Inc. will post 1.8 EPS for the current fiscal year.

The company also recently disclosed a special dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, December 5th. This is a boost from Territorial Bancorp’s previous special dividend of $0.10. This represents a dividend yield of 2.54%. Territorial Bancorp’s dividend payout ratio is 44.20%.

Several institutional investors and hedge funds have recently bought and sold shares of TBNK. TIAA CREF Investment Management LLC increased its position in shares of Territorial Bancorp by 4.2% during the first quarter. TIAA CREF Investment Management LLC now owns 27,049 shares of the financial services provider’s stock worth $843,000 after buying an additional 1,080 shares during the period. California Public Employees Retirement System increased its position in shares of Territorial Bancorp by 4.6% during the first quarter. California Public Employees Retirement System now owns 22,800 shares of the financial services provider’s stock worth $711,000 after buying an additional 1,000 shares during the period. Vanguard Group Inc. increased its position in shares of Territorial Bancorp by 3.1% during the first quarter. Vanguard Group Inc. now owns 308,975 shares of the financial services provider’s stock worth $9,630,000 after buying an additional 9,314 shares during the period. Geode Capital Management LLC increased its position in shares of Territorial Bancorp by 4.9% during the first quarter. Geode Capital Management LLC now owns 62,854 shares of the financial services provider’s stock worth $1,959,000 after buying an additional 2,923 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Territorial Bancorp by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 412,317 shares of the financial services provider’s stock worth $12,852,000 after buying an additional 13,339 shares during the period. Institutional investors own 47.15% of the company’s stock.

Several equities analysts have issued reports on the stock. BidaskClub upgraded shares of Territorial Bancorp from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 24th. Zacks Investment Research upgraded shares of Territorial Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Four analysts have rated the stock with a sell rating and one has issued a hold rating to the company. The company has an average rating of “Sell”.

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About Territorial Bancorp

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)

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