Shares of Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 24,332 shares changed hands during mid-day trading, an increase of 63% from the previous session's volume of 14,907 shares.The stock last traded at $237.05 and had previously closed at $237.00.
Analyst Ratings Changes
Separately, StockNews.com raised Hingham Institution for Savings from a "sell" rating to a "hold" rating in a research report on Saturday, February 22nd.
Get Our Latest Analysis on Hingham Institution for Savings
Hingham Institution for Savings Stock Performance
The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57. The business's 50-day moving average is $252.71 and its 200-day moving average is $257.10. The company has a market capitalization of $510.99 million, a PE ratio of 18.52 and a beta of 0.99.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last released its earnings results on Friday, January 17th. The savings and loans company reported $2.16 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.
Institutional Investors Weigh In On Hingham Institution for Savings
Several hedge funds have recently added to or reduced their stakes in the stock. State Street Corp raised its position in shares of 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 last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in Hingham Institution for Savings during the 3rd quarter valued at about $3,248,000. Focus Partners Wealth raised its holdings in Hingham Institution for Savings by 549.2% in the fourth quarter. Focus Partners Wealth now owns 11,069 shares of the savings and loans company's stock worth $2,813,000 after buying an additional 9,364 shares during the last quarter. De Lisle Partners LLP lifted its stake in shares of Hingham Institution for Savings by 60.8% in the third quarter. De Lisle Partners LLP now owns 18,227 shares of the savings and loans company's stock worth $4,414,000 after buying an additional 6,891 shares in the last quarter. Finally, Maren Capital LLC grew its holdings in shares of 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 valued at $39,632,000 after buying an additional 6,416 shares during the last quarter. 49.33% of the stock is owned by institutional investors.
About Hingham Institution for Savings
(
Get 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.
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