Territorial Bancorp Inc. (NASDAQ:TBNK) COO Vernon Hirata sold 490 shares of the business’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $30.00, for a total transaction of $14,700.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • 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 up 0.43% on Friday, reaching $30.51. 26,533 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $29.61 and a 200-day moving average price of $30.66. Territorial Bancorp Inc. has a 1-year low of $27.73 and a 1-year high of $34.00. The company has a market capitalization of $282.74 million, a PE ratio of 16.67 and a beta of 0.28.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Shareholders of record on Thursday, August 10th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.62%. The ex-dividend date was Tuesday, August 8th. Territorial Bancorp’s dividend payout ratio (DPR) is 43.96%.

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A number of research analysts have commented on the stock. Zacks Investment Research raised shares of Territorial Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. BidaskClub cut shares of Territorial Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. ValuEngine cut shares of Territorial Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Raymond James Financial, Inc. reaffirmed an “underperform” rating on shares of Territorial Bancorp in a research report on Thursday, August 10th. Finally, UBS AG cut shares of Territorial Bancorp to an “underperform” rating in a research report on Thursday, August 10th. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Territorial Bancorp currently has an average rating of “Sell” and a consensus price target of $36.00.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp grew its holdings in Territorial Bancorp by 5.0% in the 2nd quarter. State Street Corp now owns 230,372 shares of the financial services provider’s stock valued at $7,184,000 after buying an additional 11,029 shares during the period. Cornerstone Capital Management Holdings LLC. grew its holdings in Territorial Bancorp by 50.5% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 12,517 shares of the financial services provider’s stock valued at $389,000 after buying an additional 4,200 shares during the period. Voya Investment Management LLC purchased a new stake in Territorial Bancorp in the 2nd quarter valued at about $204,000. Dimensional Fund Advisors LP grew its holdings in Territorial Bancorp by 2.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 424,105 shares of the financial services provider’s stock valued at $13,228,000 after buying an additional 11,788 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Territorial Bancorp by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 315,570 shares of the financial services provider’s stock valued at $9,842,000 after buying an additional 6,595 shares during the period. Institutional investors own 45.97% of the company’s stock.

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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