Hingham Institution for Savings (NASDAQ:HIFS) Shares Sold by Clean Yield Group

Clean Yield Group cut its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 26.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,590 shares of the savings and loans company’s stock after selling 919 shares during the quarter. Clean Yield Group owned 0.12% of Hingham Institution for Savings worth $658,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HIFS. Copeland Capital Management LLC acquired a new stake in Hingham Institution for Savings during the 3rd quarter worth about $61,000. FMR LLC lifted its position in shares of Hingham Institution for Savings by 27.0% in the 3rd quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock valued at $102,000 after acquiring an additional 89 shares in the last quarter. Wallace Capital Management Inc. acquired a new position in Hingham Institution for Savings in the 3rd quarter worth approximately $219,000. Quantbot Technologies LP boosted its stake in Hingham Institution for Savings by 49.1% in 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 during the period. Finally, Oppenheimer & Co. Inc. purchased a new position in Hingham Institution for Savings during the 3rd quarter worth approximately $243,000. 49.33% of the stock is currently owned by institutional investors.

Hingham Institution for Savings Stock Down 1.7 %

Shares of HIFS traded down $3.83 during mid-day trading on Monday, reaching $228.21. The company’s stock had a trading volume of 8,419 shares, compared to its average volume of 17,436. Hingham Institution for Savings has a 1 year low of $150.11 and a 1 year high of $300.00. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. The company has a market cap of $489.97 million, a price-to-earnings ratio of 21.61 and a beta of 1.02. The business has a fifty day moving average of $269.31 and a 200 day moving average of $247.04.

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

Hingham Institution for Savings Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, January 6th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Monday, January 6th. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. Hingham Institution for Savings’s payout ratio is 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.