Aptus Capital Advisors LLC raised its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 15.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,347 shares of the savings and loans company's stock after acquiring an additional 1,886 shares during the period. Aptus Capital Advisors LLC owned approximately 0.67% of Hingham Institution for Savings worth $3,491,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of HIFS. International Assets Investment Management LLC grew its stake in shares of Hingham Institution for Savings by 24,231.0% during the third quarter. International Assets Investment Management LLC now owns 437,958 shares of the savings and loans company's stock worth $1,065,600,000 after purchasing an additional 436,158 shares in the last quarter. Doma Perpetual Capital Management LLC boosted its position in shares of Hingham Institution for Savings by 120.9% during the 2nd quarter. Doma Perpetual Capital Management LLC now owns 85,568 shares of the savings and loans company's stock worth $15,306,000 after acquiring an additional 46,834 shares in the last quarter. Maren Capital LLC increased its holdings in shares of Hingham Institution for Savings by 19.7% in the 1st quarter. Maren Capital LLC now owns 148,217 shares of the savings and loans company's stock valued at $25,858,000 after acquiring an additional 24,432 shares during the last quarter. Kennedy Capital Management LLC raised its position in shares of Hingham Institution for Savings by 235.3% during the 1st quarter. Kennedy Capital Management LLC now owns 11,396 shares of the savings and loans company's stock worth $1,988,000 after acquiring an additional 7,997 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in Hingham Institution for Savings by 35.4% during the second quarter. American Century Companies Inc. now owns 12,369 shares of the savings and loans company's stock worth $2,213,000 after purchasing an additional 3,231 shares during the last quarter. Hedge funds and other institutional investors own 49.33% of the company's stock.
Hingham Institution for Savings Stock Down 2.4 %
HIFS traded down $6.74 on Thursday, reaching $278.28. The company's stock had a trading volume of 19,029 shares, compared to its average volume of 15,859. The company has a market capitalization of $598.30 million, a price-to-earnings ratio of 26.99 and a beta of 0.99. Hingham Institution for Savings has a fifty-two week low of $150.11 and a fifty-two week high of $300.00. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.95. The stock has a 50 day moving average of $253.59 and a two-hundred day moving average of $219.18.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last announced its quarterly earnings results on Friday, October 11th. The savings and loans company reported $1.44 EPS for the quarter. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.28%. The firm had revenue of $15.21 million for the quarter.
Hingham Institution for Savings Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Monday, November 4th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Monday, November 4th. Hingham Institution for Savings's dividend payout ratio (DPR) is 23.86%.
Hingham Institution for Savings Company Profile
(
Free Report)
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.
Further Reading
Before you consider Hingham Institution for Savings, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hingham Institution for Savings wasn't on the list.
While Hingham Institution for Savings currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
