Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) was upgraded by stock analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued on Saturday.
Hingham Institution for Savings Stock Down 3.6 %
Shares of Hingham Institution for Savings stock traded down $9.61 during trading on Friday, reaching $260.96. The company had a trading volume of 13,459 shares, compared to its average volume of 11,978. The company has a market cap of $561.06 million, a price-to-earnings ratio of 20.34 and a beta of 1.02. The firm's fifty day moving average is $256.57 and its 200-day moving average is $256.69. 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 has a fifty-two week low of $160.00 and a fifty-two week high of $300.00.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last issued 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
Institutional investors and hedge funds have recently bought and sold shares of the business. FMR LLC raised its stake in Hingham Institution for Savings by 27.0% during the third quarter. FMR LLC now owns 419 shares of the savings and loans company's stock worth $102,000 after acquiring an additional 89 shares during the period. Tower Research Capital LLC TRC raised its stake in Hingham Institution for Savings by 941.3% during 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 period. SeaCrest Wealth Management LLC acquired a new stake in Hingham Institution for Savings during the fourth quarter worth about $204,000. Wallace Capital Management Inc. acquired a new stake in Hingham Institution for Savings during the third quarter worth about $219,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Hingham Institution for Savings by 5.9% during the fourth 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 period. Institutional investors and hedge funds own 49.33% of the company's stock.
Hingham Institution for Savings Company Profile
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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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