RFG Bristol Wealth Advisors LLC Takes $287,000 Position in Hingham Institution for Savings (NASDAQ:HIFS)

RFG Bristol Wealth Advisors LLC purchased a new position in Hingham Institution for Savings (NASDAQ:HIFS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,128 shares of the savings and loans company's stock, valued at approximately $287,000. RFG Bristol Wealth Advisors LLC owned about 0.05% of Hingham Institution for Savings as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in Hingham Institution for Savings by 508.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,163 shares of the savings and loans company's stock worth $1,256,000 after buying an additional 4,314 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Hingham Institution for Savings by 113.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,938 shares of the savings and loans company's stock valued at $715,000 after purchasing an additional 1,560 shares during the period. Barclays PLC lifted its holdings in Hingham Institution for Savings by 477.9% during the 3rd quarter. Barclays PLC now owns 3,063 shares of the savings and loans company's stock worth $746,000 after purchasing an additional 2,533 shares in the last quarter. State Street Corp boosted its stake in Hingham Institution for Savings by 40.1% in the 3rd quarter. State Street Corp now owns 52,434 shares of the savings and loans company's stock worth $12,758,000 after purchasing an additional 15,000 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in shares of Hingham Institution for Savings in the third quarter valued at approximately $3,248,000. Institutional investors own 49.33% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com raised shares of Hingham Institution for Savings from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd.

Hingham Institution for Savings Price Performance

HIFS stock traded up $1.78 during mid-day trading on Monday, hitting $222.15. 3,692 shares of the stock were exchanged, compared to its average volume of 15,233. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market capitalization of $477.61 million, a price-to-earnings ratio of 17.31 and a beta of 0.92. The business has a fifty day moving average price of $250.72 and a 200 day moving average price of $256.71. Hingham Institution for Savings has a 12 month low of $160.00 and a 12 month high of $300.00.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last released its quarterly earnings data on Friday, January 17th. The savings and loans company reported $2.16 earnings per share for the quarter. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.

About Hingham Institution for Savings

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.