International Assets Investment Management LLC Sells 436,158 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

International Assets Investment Management LLC cut its holdings in Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 99.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,800 shares of the savings and loans company's stock after selling 436,158 shares during the period. International Assets Investment Management LLC owned approximately 0.08% of Hingham Institution for Savings worth $448,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Doma Perpetual Capital Management LLC lifted its stake in shares of Hingham Institution for Savings by 120.9% in the second quarter. Doma Perpetual Capital Management LLC now owns 85,568 shares of the savings and loans company's stock worth $15,306,000 after buying an additional 46,834 shares during the last quarter. State Street Corp lifted its position in Hingham Institution for Savings by 40.1% during the 3rd quarter. State Street Corp now owns 52,434 shares of the savings and loans company's stock worth $12,758,000 after acquiring an additional 15,000 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Hingham Institution for Savings during the 3rd quarter worth $3,248,000. De Lisle Partners LLP boosted its holdings in Hingham Institution for Savings by 60.8% during the third quarter. De Lisle Partners LLP now owns 18,227 shares of the savings and loans company's stock valued at $4,414,000 after acquiring an additional 6,891 shares during the period. Finally, Maren Capital LLC grew its position in shares of Hingham Institution for Savings by 4.1% in the third quarter. Maren Capital LLC now owns 162,887 shares of the savings and loans company's stock valued at $39,632,000 after purchasing an additional 6,416 shares during the last quarter. 49.33% of the stock is owned by institutional investors and hedge funds.

Hingham Institution for Savings Stock Performance

Shares of Hingham Institution for Savings stock traded down $14.96 during trading on Friday, reaching $232.04. The company's stock had a trading volume of 23,335 shares, compared to its average volume of 18,956. The business's fifty day moving average price is $269.31 and its 200-day moving average price is $247.04. 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 $498.19 million, a price-to-earnings ratio of 21.97 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 results on Friday, October 11th. The savings and loans company reported $1.44 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.27% and a net margin of 10.95%. The company had revenue of $15.21 million during the quarter.

Hingham Institution for Savings Announces Dividend

The business also recently declared 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. This represents a $2.52 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Monday, January 6th. Hingham Institution for Savings's dividend payout ratio (DPR) is presently 23.86%.

Hingham Institution for Savings Company 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.