Territorial Bancorp Inc. (NASDAQ:TBNK) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC grew its holdings in Territorial Bancorp Inc. (NASDAQ:TBNK) by 9.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 692,173 shares of the financial services provider’s stock after buying an additional 58,285 shares during the quarter. Renaissance Technologies LLC owned about 7.27% of Territorial Bancorp worth $17,976,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brandes Investment Partners LP acquired a new stake in shares of Territorial Bancorp in the 1st quarter valued at approximately $229,000. Legato Capital Management LLC acquired a new stake in shares of Territorial Bancorp in the 2nd quarter valued at approximately $340,000. American Century Companies Inc. raised its holdings in Territorial Bancorp by 37.5% during the second quarter. American Century Companies Inc. now owns 15,292 shares of the financial services provider’s stock worth $397,000 after purchasing an additional 4,170 shares during the last quarter. WINTON GROUP Ltd raised its holdings in Territorial Bancorp by 7.1% during the second quarter. WINTON GROUP Ltd now owns 19,250 shares of the financial services provider’s stock worth $500,000 after purchasing an additional 1,282 shares during the last quarter. Finally, Teton Advisors Inc. acquired a new position in Territorial Bancorp during the second quarter worth $636,000. 45.52% of the stock is owned by institutional investors and hedge funds.

Shares of TBNK stock opened at $24.95 on Thursday. The stock has a fifty day moving average price of $25.30 and a 200 day moving average price of $25.50. The stock has a market cap of $233.81 million, a PE ratio of 12.11 and a beta of 0.57. Territorial Bancorp Inc. has a 1 year low of $20.70 and a 1 year high of $30.04. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.84 and a current ratio of 0.84.

Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings data on Wednesday, July 28th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.01. The firm had revenue of $14.81 million during the quarter, compared to analysts’ expectations of $14.43 million. Territorial Bancorp had a return on equity of 7.58% and a net margin of 26.62%. As a group, equities research analysts predict that Territorial Bancorp Inc. will post 1.75 earnings per share for the current year.

Separately, Zacks Investment Research raised Territorial Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, September 30th.

About Territorial Bancorp

Territorial Bancorp, Inc operates as the bank holding company for Territorial Savings Bank, which provides financial services to individuals, families, and businesses in 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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Institutional Ownership by Quarter for Territorial Bancorp (NASDAQ:TBNK)

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