Territorial Bancorp Inc. (NASDAQ:TBNK) has received a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating.

Zacks has also given Territorial Bancorp an industry rank of 109 out of 265 based on the ratings given to its competitors.

TBNK has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Territorial Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. BidaskClub raised shares of Territorial Bancorp from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 24th. Raymond James Financial, Inc. reissued an “underperform” rating on shares of Territorial Bancorp in a research note on Thursday, August 10th. Finally, UBS AG downgraded shares of Territorial Bancorp to an “underperform” rating in a research note on Thursday, August 10th.

In other Territorial Bancorp news, General Counsel Vernon Hirata sold 1,900 shares of the firm’s stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $30.52, for a total value of $57,988.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Allan S. Kitagawa sold 4,813 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $30.00, for a total transaction of $144,390.00. The disclosure for this sale can be found here. In the last three months, insiders sold 22,928 shares of company stock valued at $696,081. 9.80% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Legion Partners Asset Management LLC raised its stake in shares of Territorial Bancorp by 46.1% during the third quarter. Legion Partners Asset Management LLC now owns 426,047 shares of the financial services provider’s stock valued at $13,450,000 after acquiring an additional 134,400 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in shares of Territorial Bancorp by 18.4% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 14,817 shares of the financial services provider’s stock valued at $467,000 after acquiring an additional 2,300 shares in the last quarter. Royce & Associates LP raised its stake in shares of Territorial Bancorp by 16.9% during the third quarter. Royce & Associates LP now owns 81,800 shares of the financial services provider’s stock valued at $2,582,000 after acquiring an additional 11,800 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Territorial Bancorp by 5.5% during the third quarter. Dimensional Fund Advisors LP now owns 447,359 shares of the financial services provider’s stock valued at $14,123,000 after acquiring an additional 23,254 shares in the last quarter. Finally, Alpine Woods Capital Investors LLC bought a new stake in shares of Territorial Bancorp during the third quarter valued at approximately $253,000. 45.33% of the stock is owned by hedge funds and other institutional investors.

Shares of Territorial Bancorp (NASDAQ TBNK) traded up $0.05 during trading hours on Friday, hitting $31.59. 8,880 shares of the company were exchanged, compared to its average volume of 19,270. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.29. Territorial Bancorp has a 1 year low of $28.12 and a 1 year high of $34.00. The company has a market cap of $311.63, a P/E ratio of 17.42 and a beta of 0.28.

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

The company also recently disclosed a special dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, December 5th. This represents a yield of 2.54%. This is an increase from Territorial Bancorp’s previous special dividend of $0.10. Territorial Bancorp’s dividend payout ratio (DPR) is presently 44.20%.

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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.

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