801 Shares in Hingham Institution for Savings (NASDAQ:HIFS) Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC acquired a new position in shares of Hingham Institution for Savings (NASDAQ:HIFS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 801 shares of the savings and loans company’s stock, valued at approximately $204,000.

Other institutional investors have also added to or reduced their stakes in the company. Copeland Capital Management LLC bought a new position in Hingham Institution for Savings in the 3rd quarter worth about $61,000. FMR LLC increased its position in shares of Hingham Institution for Savings by 27.0% during the 3rd quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock valued at $102,000 after purchasing an additional 89 shares during the last quarter. Wallace Capital Management Inc. bought a new position in shares of Hingham Institution for Savings during the 3rd quarter valued at about $219,000. Quantbot Technologies LP increased its position 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 valued at $231,000 after purchasing an additional 313 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Hingham Institution for Savings during the 3rd quarter valued at about $243,000. 49.33% of the stock is currently owned by institutional investors.

Hingham Institution for Savings Price Performance

HIFS opened at $241.80 on Friday. The stock’s 50 day simple moving average is $265.69 and its 200 day simple moving average is $248.63. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57. Hingham Institution for Savings has a 1 year low of $150.11 and a 1 year high of $300.00. The firm has a market cap of $519.87 million, a price-to-earnings ratio of 22.90 and a beta of 1.02.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings results on Friday, January 17th. The savings and loans company reported $2.16 earnings per share (EPS) 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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Monday, January 6th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.04%. The ex-dividend date was Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio (DPR) is currently 23.86%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research report on Monday, January 13th.

About Hingham Institution for Savings

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.