Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) traded up 3.2% during trading on Wednesday . The stock traded as high as $245.06 and last traded at $245.22. 18,305 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 14,978 shares. The stock had previously closed at $237.67.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Hingham Institution for Savings from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd.
View Our Latest Stock Report on Hingham Institution for Savings
Hingham Institution for Savings Trading Down 1.7 %
The company has a fifty day moving average of $252.79 and a 200-day moving average of $257.01. 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 $516.02 million, a price-to-earnings ratio of 18.71 and a beta of 0.99.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last issued its quarterly earnings results on Friday, January 17th. The savings and loans company reported $2.16 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.
Institutional Investors Weigh In On Hingham Institution for Savings
Large investors have recently made changes to their positions in the stock. Mackenzie Financial Corp purchased a new stake in shares of Hingham Institution for Savings in the 4th quarter valued at approximately $403,000. Rafferty Asset Management LLC increased its position in shares of Hingham Institution for Savings by 9.1% during the fourth quarter. Rafferty Asset Management LLC now owns 2,863 shares of the savings and loans company's stock valued at $728,000 after acquiring an additional 238 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new position in shares of Hingham Institution for Savings in the 4th quarter worth approximately $295,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Hingham Institution for Savings by 5.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 886 shares of the savings and loans company's stock worth $225,000 after acquiring an additional 49 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Hingham Institution for Savings by 549.2% during the 4th quarter. Focus Partners Wealth now owns 11,069 shares of the savings and loans company's stock worth $2,813,000 after purchasing an additional 9,364 shares during the period. 49.33% of the stock is currently owned by hedge funds and other institutional investors.
Hingham Institution for Savings Company Profile
(
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.
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
