Hingham Institution for Savings (NASDAQ:HIFS) Stake Cut by Clean Yield Group

Clean Yield Group reduced its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 43.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,509 shares of the savings and loans company's stock after selling 2,730 shares during the quarter. Clean Yield Group owned 0.16% of Hingham Institution for Savings worth $854,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of 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 valued at $844,000 after purchasing an additional 51 shares during the period. Rhumbline Advisers increased its stake in Hingham Institution for Savings by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 2,350 shares of the savings and loans company's stock worth $420,000 after buying an additional 90 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Hingham Institution for Savings by 8.5% in the 1st 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 in the last quarter. Anchor Capital Advisors LLC boosted its position in Hingham Institution for Savings by 2.6% in the 1st quarter. Anchor Capital Advisors LLC now owns 4,960 shares of the savings and loans company's stock valued at $865,000 after buying an additional 124 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Hingham Institution for Savings by 13.5% during the second quarter. Bank of New York Mellon Corp now owns 5,732 shares of the savings and loans company's stock valued at $1,025,000 after acquiring an additional 681 shares in the last quarter. 49.33% of the stock is owned by institutional investors and hedge funds.

Hingham Institution for Savings Stock Up 3.2 %

Shares of NASDAQ HIFS traded up $7.36 during midday trading on Tuesday, reaching $238.86. 10,221 shares of the company's stock were exchanged, compared to its average volume of 16,018. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.62 and a current ratio of 1.62. Hingham Institution for Savings has a 52-week low of $147.01 and a 52-week high of $261.00. The business's fifty day moving average price is $241.85 and its two-hundred day moving average price is $201.19. The stock has a market capitalization of $512.83 million, a PE ratio of 24.63 and a beta of 1.00.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last posted its quarterly earnings data on Friday, July 12th. The savings and loans company reported $1.00 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a return on equity of 2.23% and a net margin of 10.10%. The company had revenue of $13.10 million for the quarter.

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.