Royce & Associates LP Has $23.29 Million Stock Position in Hingham Institution for Savings (NASDAQ:HIFS)

Royce & Associates LP lowered its holdings in Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 12.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,641 shares of the savings and loans company's stock after selling 12,877 shares during the quarter. Royce & Associates LP owned 4.27% of Hingham Institution for Savings worth $23,290,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. GSA Capital Partners LLP raised its position in shares of Hingham Institution for Savings by 23.7% during the third quarter. GSA Capital Partners LLP now owns 3,263 shares of the savings and loans company's stock valued at $794,000 after buying an additional 625 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in Hingham Institution for Savings during the third quarter valued at about $243,000. Quest Partners LLC acquired a new position in Hingham Institution for Savings in the 3rd quarter valued at approximately $370,000. Charles Schwab Investment Management Inc. lifted its position in shares of Hingham Institution for Savings by 3.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,527 shares of the savings and loans company's stock worth $1,101,000 after acquiring an additional 137 shares during the period. Finally, Quantbot Technologies LP grew its holdings in shares of Hingham Institution for Savings by 49.1% during the 3rd quarter. Quantbot Technologies LP now owns 950 shares of the savings and loans company's stock worth $231,000 after purchasing an additional 313 shares in the last quarter. 49.33% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Hingham Institution for Savings from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd.

Hingham Institution for Savings Price Performance

Shares of NASDAQ:HIFS traded up $0.59 during midday trading on Thursday, reaching $237.00. 21,721 shares of the company's stock were exchanged, compared to its average volume of 14,940. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57. The company's 50 day simple moving average is $252.72 and its two-hundred day simple moving average is $257.44. Hingham Institution for Savings has a 12 month low of $160.00 and a 12 month high of $300.00. The firm has a market capitalization of $509.55 million, a PE ratio of 18.47 and a beta of 0.99.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last announced 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 net margin of 12.97% and a return on equity of 2.95%.

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.