Territorial Bancorp Inc. (NASDAQ:TBNK) General Counsel Vernon Hirata sold 590 shares of the business’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $30.09, for a total value of $17,753.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • 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 value of $14,700.00.
  • 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 value 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 value of $116,250.62.

Shares of Territorial Bancorp Inc. (NASDAQ:TBNK) traded up 0.43% during trading on Friday, reaching $30.51. The company had a trading volume of 26,533 shares. The company has a market cap of $282.74 million, a price-to-earnings ratio of 16.67 and a beta of 0.28. Territorial Bancorp Inc. has a 12 month low of $27.73 and a 12 month high of $34.00. The firm has a 50 day moving average price of $29.61 and a 200 day moving average price of $30.66.

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TBNK has been the topic of several research reports. BidaskClub upgraded Territorial Bancorp from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 24th. Zacks Investment Research upgraded Territorial Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday. ValuEngine lowered Territorial Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Raymond James Financial, Inc. restated an “underperform” rating on shares of Territorial Bancorp in a research note on Thursday, August 10th. Finally, UBS AG lowered Territorial Bancorp to an “underperform” rating in a research note on Thursday, August 10th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. The company currently has an average rating of “Sell” and a consensus price target of $36.00.

A number of institutional investors have recently added to or reduced their stakes in TBNK. SG Americas Securities LLC bought a new position in Territorial Bancorp in the 1st quarter valued at about $130,000. Sei Investments Co. raised its holdings in Territorial Bancorp by 4.6% in the 1st quarter. Sei Investments Co. now owns 4,822 shares of the financial services provider’s stock valued at $150,000 after acquiring an additional 213 shares during the period. Voya Investment Management LLC bought a new position in Territorial Bancorp in the 2nd quarter valued at about $204,000. Strs Ohio raised its holdings in Territorial Bancorp by 6.5% in the 2nd quarter. Strs Ohio now owns 8,200 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 500 shares during the period. Finally, Oxford Asset Management bought a new position in Territorial Bancorp in the 1st quarter valued at about $272,000. 45.97% of the stock is currently owned by hedge funds and other institutional investors.

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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