Shares of Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 24,332 shares traded 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.
Analysts Set New Price Targets
Separately, StockNews.com raised Hingham Institution for Savings from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd.
Check Out Our Latest Stock Report on Hingham Institution for Savings
Hingham Institution for Savings Stock Down 1.5 %
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 stock has a market capitalization of $515.83 million, a P/E ratio of 18.70 and a beta of 0.99. The firm's fifty day moving average is $252.82 and its 200-day moving average is $256.92.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last posted 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 Trading of Hingham Institution for Savings
Large investors have recently made changes to their positions in the business. FMR LLC raised its holdings in shares of Hingham Institution for Savings by 27.0% in the third quarter. FMR LLC now owns 419 shares of the savings and loans company's stock valued at $102,000 after buying an additional 89 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Hingham Institution for Savings by 941.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 479 shares of the savings and loans company's stock worth $122,000 after acquiring an additional 433 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new position in shares of Hingham Institution for Savings during the fourth quarter worth approximately $204,000. Wallace Capital Management Inc. bought a new stake in shares of Hingham Institution for Savings during the third quarter valued at approximately $219,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Hingham Institution for Savings by 5.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 886 shares of the savings and loans company's stock valued at $225,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 49.33% of the company's stock.
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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