CKW Financial Group Makes New $35,000 Investment in Territorial Bancorp Inc. (NASDAQ:TBNK)

CKW Financial Group bought a new stake in Territorial Bancorp Inc. (NASDAQ:TBNK) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,612 shares of the financial services provider’s stock, valued at approximately $35,000.

A number of other large investors have also recently made changes to their positions in TBNK. Oddo BHF Asset Management Sas acquired a new stake in Territorial Bancorp during the 3rd quarter worth approximately $3,726,000. Wellington Management Group LLP lifted its holdings in shares of Territorial Bancorp by 22.9% during the third quarter. Wellington Management Group LLP now owns 786,248 shares of the financial services provider’s stock worth $8,208,000 after purchasing an additional 146,541 shares during the period. International Assets Investment Management LLC grew its position in Territorial Bancorp by 944.0% in the 3rd quarter. International Assets Investment Management LLC now owns 34,452 shares of the financial services provider’s stock valued at $3,300,000 after buying an additional 31,152 shares during the last quarter. Finally, Atria Investments Inc increased its stake in Territorial Bancorp by 12.7% in the 3rd quarter. Atria Investments Inc now owns 12,204 shares of the financial services provider’s stock valued at $127,000 after buying an additional 1,380 shares during the period. 50.35% of the stock is owned by institutional investors and hedge funds.

Territorial Bancorp Trading Down 2.8 %

NASDAQ:TBNK opened at $9.09 on Monday. Territorial Bancorp Inc. has a 1 year low of $6.92 and a 1 year high of $11.60. The stock has a fifty day moving average price of $9.98 and a two-hundred day moving average price of $9.96. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.71.

Territorial Bancorp (NASDAQ:TBNK) last announced its quarterly earnings data on Monday, October 28th. The financial services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.10). Territorial Bancorp had a negative net margin of 3.01% and a negative return on equity of 0.90%. The company had revenue of $18.93 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Territorial Bancorp in a report on Thursday. They set a “hold” rating for the company.

About Territorial Bancorp

Territorial Bancorp Inc operates as the holding company for Territorial Savings Bank that engages in the provision of various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings, money market, commercial and regular checking, and Super NOW accounts, as well as certificates of deposit.