Barclays PLC Boosts Stock Position in Hingham Institution for Savings (NASDAQ:HIFS)

Barclays PLC boosted its position in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 477.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,063 shares of the savings and loans company's stock after acquiring an additional 2,533 shares during the period. Barclays PLC owned about 0.14% of Hingham Institution for Savings worth $746,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wallace Capital Management Inc. purchased a new position in shares of Hingham Institution for Savings in the 3rd quarter valued at about $219,000. State Street Corp increased its stake in Hingham Institution for Savings by 40.1% in the third quarter. State Street Corp now owns 52,434 shares of the savings and loans company's stock valued at $12,758,000 after purchasing an additional 15,000 shares during the last quarter. Maren Capital LLC raised its holdings in Hingham Institution for Savings by 4.1% during the third quarter. Maren Capital LLC now owns 162,887 shares of the savings and loans company's stock worth $39,632,000 after purchasing an additional 6,416 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Hingham Institution for Savings during the 3rd quarter worth approximately $3,248,000. Finally, De Lisle Partners LLP boosted its holdings in shares of Hingham Institution for Savings by 60.8% in the 3rd quarter. De Lisle Partners LLP now owns 18,227 shares of the savings and loans company's stock valued at $4,414,000 after buying an additional 6,891 shares in the last quarter. 49.33% of the stock is owned by hedge funds and other institutional investors.

Hingham Institution for Savings Stock Down 0.1 %

NASDAQ:HIFS traded down $0.36 during midday trading on Wednesday, hitting $254.14. 6,687 shares of the company were exchanged, compared to its average volume of 10,398. 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 current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. The company has a market capitalization of $546.40 million, a PE ratio of 24.07 and a beta of 1.01. The company has a fifty day simple moving average of $270.72 and a 200 day simple moving average of $242.68.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last announced its earnings results on Friday, October 11th. The savings and loans company reported $1.44 earnings per share for the quarter. The company had revenue of $15.21 million for the quarter. Hingham Institution for Savings had a return on equity of 2.27% and a net margin of 10.95%.

Hingham Institution for Savings Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, January 6th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Monday, January 6th. Hingham Institution for Savings's dividend payout ratio is currently 23.86%.

Hingham Institution for Savings Company Profile

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.