Hingham Institution for Savings (NASDAQ:HIFS) Holdings Raised by Creative Planning

Creative Planning lifted its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 26.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,914 shares of the savings and loans company’s stock after purchasing an additional 399 shares during the quarter. Creative Planning owned about 0.09% of Hingham Institution for Savings worth $466,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. SG Americas Securities LLC bought a new stake in shares of Hingham Institution for Savings during the third quarter valued at about $248,000. Doma Perpetual Capital Management LLC raised its stake in shares of Hingham Institution for Savings by 120.9% during the second quarter. Doma Perpetual Capital Management LLC now owns 85,568 shares of the savings and loans company’s stock valued at $15,306,000 after purchasing an additional 46,834 shares in the last quarter. 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 in the last quarter. American Century Companies Inc. raised its stake 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 valued at $2,213,000 after purchasing an additional 3,231 shares in the last quarter. Finally, Anchor Capital Advisors LLC raised its stake in shares of Hingham Institution for Savings by 8.3% during the second quarter. Anchor Capital Advisors LLC now owns 5,370 shares of the savings and loans company’s stock valued at $961,000 after purchasing an additional 410 shares in the last quarter. 49.33% of the stock is currently owned by institutional investors.

Hingham Institution for Savings Price Performance

Shares of Hingham Institution for Savings stock opened at $294.99 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.95. The company’s 50-day moving average price is $250.18 and its two-hundred day moving average price is $215.17. Hingham Institution for Savings has a 52 week low of $150.11 and a 52 week high of $298.00. The stock has a market cap of $634.23 million, a PE ratio of 27.93 and a beta of 0.99.

Hingham Institution for Savings (NASDAQ:HIFS) 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 net margin of 10.95% and a return on equity of 2.28%. The firm had revenue of $15.21 million for the quarter.

Hingham Institution for Savings Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th. Shareholders of record on Monday, November 4th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.85%. The ex-dividend date is Monday, November 4th. 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.