Hingham Institution for Savings (NASDAQ:HIFS) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 113.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,938 shares of the savings and loans company’s stock after buying an additional 1,560 shares during the period. BNP Paribas Financial Markets owned approximately 0.14% of Hingham Institution for Savings worth $715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in HIFS. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 acquiring an additional 101 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in 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 worth $1,025,000 after purchasing an additional 681 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Hingham Institution for Savings by 4.0% during the second 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. Anchor Capital Advisors LLC boosted its position 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 worth $961,000 after buying an additional 410 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Hingham Institution for Savings by 35.4% in 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 buying an additional 3,231 shares in the last quarter. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Price Performance

Shares of HIFS opened at $280.10 on Friday. The company has a market cap of $601.37 million, a P/E ratio of 26.30 and a beta of 1.01. Hingham Institution for Savings has a fifty-two week low of $150.11 and a fifty-two week 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 firm’s 50 day moving average price is $268.09 and its 200 day moving average price is $233.27.

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

Hingham Institution for Savings Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Monday, January 6th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Monday, January 6th. Hingham Institution for Savings’s payout ratio is 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.