13,350 Shares in Hingham Institution for Savings (NASDAQ:HIFS) Acquired by Hotchkis & Wiley Capital Management LLC

Hotchkis & Wiley Capital Management LLC purchased a new position in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 13,350 shares of the savings and loans company's stock, valued at approximately $3,248,000. Hotchkis & Wiley Capital Management LLC owned about 0.62% of Hingham Institution for Savings as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. American Century Companies Inc. raised its holdings in Hingham Institution for Savings by 35.4% during the second quarter. American Century Companies Inc. now owns 12,369 shares of the savings and loans company's stock worth $2,213,000 after acquiring an additional 3,231 shares in the last quarter. Doma Perpetual Capital Management LLC raised its stake in shares of Hingham Institution for Savings by 120.9% during the 2nd quarter. Doma Perpetual Capital Management LLC now owns 85,568 shares of the savings and loans company's stock worth $15,306,000 after purchasing an additional 46,834 shares in the last quarter. Aptus Capital Advisors LLC boosted its holdings in shares of Hingham Institution for Savings by 15.1% in the 3rd quarter. Aptus Capital Advisors LLC now owns 14,347 shares of the savings and loans company's stock valued at $3,491,000 after buying an additional 1,886 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Hingham Institution for Savings by 8.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,286 shares of the savings and loans company's stock worth $225,000 after buying an additional 101 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in Hingham Institution for Savings by 1.1% during the second quarter. AQR Capital Management LLC now owns 4,719 shares of the savings and loans company's stock worth $844,000 after acquiring an additional 51 shares in the last quarter. 49.33% of the stock is owned by institutional investors.

Hingham Institution for Savings Stock Performance

Shares of HIFS traded up $2.73 during midday trading on Friday, reaching $281.30. The stock had a trading volume of 10,194 shares, compared to its average volume of 11,903. Hingham Institution for Savings has a one year low of $150.11 and a one year high of $300.00. The firm has a market cap of $604.80 million, a PE ratio of 26.64 and a beta of 1.01. The firm has a 50 day simple moving average of $265.52 and a 200-day simple moving average of $230.99. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last released its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a return on equity of 2.27% and a net margin of 10.95%. The firm had revenue of $15.21 million for the quarter.

Hingham Institution for Savings Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, January 6th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Monday, January 6th. This represents a $2.52 annualized dividend and a dividend yield of 0.90%. Hingham Institution for Savings's dividend payout ratio is currently 23.86%.

Hingham Institution for Savings Profile

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.