AQR Capital Management LLC Purchases 51 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

AQR Capital Management LLC lifted its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,719 shares of the savings and loans company’s stock after acquiring an additional 51 shares during the quarter. AQR Capital Management LLC owned approximately 0.22% of Hingham Institution for Savings worth $844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in HIFS. Maren Capital LLC raised its position in shares of Hingham Institution for Savings by 19.7% during the first quarter. Maren Capital LLC now owns 148,217 shares of the savings and loans company’s stock worth $25,858,000 after acquiring an additional 24,432 shares during the last quarter. Kennedy Capital Management LLC raised its position in shares of Hingham Institution for Savings by 235.3% during the first quarter. Kennedy Capital Management LLC now owns 11,396 shares of the savings and loans company’s stock worth $1,988,000 after acquiring an additional 7,997 shares during the last quarter. Quadrature Capital Ltd raised its position in shares of Hingham Institution for Savings by 159.8% during the fourth quarter. Quadrature Capital Ltd now owns 6,423 shares of the savings and loans company’s stock worth $1,243,000 after acquiring an additional 3,951 shares during the last quarter. American Century Companies Inc. raised its position in shares of 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 during the last quarter. Finally, First National Bank Sioux Falls bought a new position in shares of Hingham Institution for Savings during the first quarter worth about $215,000. 49.33% of the stock is currently owned by institutional investors.

Hingham Institution for Savings Trading Up 4.9 %

NASDAQ HIFS opened at $251.53 on Friday. The business has a 50 day simple moving average of $241.31 and a 200 day simple moving average of $203.48. Hingham Institution for Savings has a one year low of $147.01 and a one year high of $261.00. The stock has a market capitalization of $540.03 million, a P/E ratio of 26.76 and a beta of 1.00. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.62 and a quick ratio of 1.62.

Hingham Institution for Savings (NASDAQ:HIFS) last posted 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 2.23% and a net margin of 10.10%.

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.