Territorial Bancorp Inc (TBNK) Holdings Lifted by Dalton Greiner Hartman Maher & Co.

Dalton Greiner Hartman Maher & Co. grew its holdings in Territorial Bancorp Inc (NASDAQ:TBNK) by 5.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 113,916 shares of the financial services provider’s stock after buying an additional 5,990 shares during the quarter. Dalton Greiner Hartman Maher & Co. owned approximately 1.17% of Territorial Bancorp worth $3,366,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TBNK. Dimensional Fund Advisors LP increased its stake in shares of Territorial Bancorp by 5.0% in the first quarter. Dimensional Fund Advisors LP now owns 480,264 shares of the financial services provider’s stock valued at $14,245,000 after buying an additional 22,795 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Territorial Bancorp by 22.2% in the first quarter. Stifel Financial Corp now owns 79,962 shares of the financial services provider’s stock valued at $2,372,000 after buying an additional 14,544 shares in the last quarter. Millennium Management LLC acquired a new stake in shares of Territorial Bancorp in the first quarter valued at $326,000. First Trust Advisors LP increased its stake in shares of Territorial Bancorp by 19.1% in the second quarter. First Trust Advisors LP now owns 13,760 shares of the financial services provider’s stock valued at $427,000 after buying an additional 2,205 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of Territorial Bancorp by 14.8% in the second quarter. Sei Investments Co. now owns 14,183 shares of the financial services provider’s stock valued at $440,000 after buying an additional 1,828 shares in the last quarter. Institutional investors own 44.12% of the company’s stock.

A number of brokerages have recently weighed in on TBNK. BidaskClub upgraded Territorial Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, June 21st. Zacks Investment Research upgraded Territorial Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, June 28th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $32.00 target price on shares of Territorial Bancorp in a research note on Friday, July 27th. Finally, Sandler O’Neill restated a “hold” rating and issued a $32.00 target price on shares of Territorial Bancorp in a research note on Friday, July 27th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Territorial Bancorp presently has an average rating of “Sell” and a consensus target price of $33.00.

Shares of NASDAQ:TBNK opened at $29.30 on Thursday. Territorial Bancorp Inc has a twelve month low of $29.03 and a twelve month high of $33.00. The firm has a market capitalization of $287.81 million, a PE ratio of 16.46 and a beta of 0.22. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.92 and a quick ratio of 0.92.

Territorial Bancorp (NASDAQ:TBNK) last announced its earnings results on Thursday, July 26th. The financial services provider reported $0.53 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.53. The company had revenue of $15.74 million during the quarter, compared to analyst estimates of $16.20 million. Territorial Bancorp had a return on equity of 7.74% and a net margin of 21.63%. Equities analysts anticipate that Territorial Bancorp Inc will post 2.07 earnings per share for the current year.

About Territorial Bancorp

Territorial Bancorp Inc operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and NOW accounts.

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Institutional Ownership by Quarter for Territorial Bancorp (NASDAQ:TBNK)

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