Territorial Bancorp (TBNK) Receiving Somewhat Positive News Coverage, Analysis Finds
News headlines about Territorial Bancorp (NASDAQ:TBNK) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Territorial Bancorp earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.2923464624052 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Vernon Hirata Sells 490 Shares of Territorial Bancorp Inc. (TBNK) Stock (americanbankingnews.com)
- Vernon Hirata Sells 590 Shares of Territorial Bancorp Inc. (TBNK) Stock (americanbankingnews.com)
- Zacks Investment Research Upgrades Territorial Bancorp Inc. (TBNK) to Hold (americanbankingnews.com)
- Territorial Bancorp Inc. (TBNK) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
Several brokerages recently commented on TBNK. UBS AG cut shares of Territorial Bancorp to an “underperform” rating in a report on Thursday, August 10th. Zacks Investment Research upgraded shares of Territorial Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub cut shares of Territorial Bancorp from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Raymond James Financial, Inc. restated an “underperform” rating on shares of Territorial Bancorp in a report on Thursday, August 10th. Finally, ValuEngine cut shares of Territorial Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus price target of $36.00.
In related news, Chairman Allan S. Kitagawa sold 4,813 shares of Territorial Bancorp stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $30.00, for a total value of $144,390.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Vernon Hirata sold 3,866 shares of Territorial Bancorp stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $30.07, for a total transaction of $116,250.62. The disclosure for this sale can be found here. In the last three months, insiders sold 9,903 shares of company stock valued at $297,415. 9.80% of the stock is currently owned by insiders.
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.
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