Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 19,491 shares traded hands during trading, an increase of 33% from the previous session's volume of 14,615 shares.The stock last traded at $247.85 and had previously closed at $250.70.
Hingham Institution for Savings Stock Performance
The firm's fifty day moving average price is $269.88 and its 200 day moving average price is $245.58. The firm has a market cap of $530.31 million, a P/E ratio of 23.39 and a beta of 1.02. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last issued its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 earnings per share (EPS) for the quarter. The company had revenue of $15.21 million for the quarter. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.27%.
Hingham Institution for Savings Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Monday, January 6th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Monday, January 6th. Hingham Institution for Savings's payout ratio is 23.86%.
Institutional Investors Weigh In On Hingham Institution for Savings
A number of institutional investors have recently added to or reduced their stakes in HIFS. Copeland Capital Management LLC acquired a new position in shares of Hingham Institution for Savings during the third quarter worth $61,000. FMR LLC grew its stake in Hingham Institution for Savings by 27.0% during the 3rd quarter. FMR LLC now owns 419 shares of the savings and loans company's stock worth $102,000 after buying an additional 89 shares during the last quarter. Wallace Capital Management Inc. acquired a new position in Hingham Institution for Savings during the 3rd quarter valued at about $219,000. Quantbot Technologies LP raised its stake in Hingham Institution for Savings by 49.1% in the third quarter. Quantbot Technologies LP now owns 950 shares of the savings and loans company's stock valued at $231,000 after buying an additional 313 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in Hingham Institution for Savings in the third quarter worth about $243,000. 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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