SG Americas Securities LLC Acquires 202 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

SG Americas Securities LLC raised its holdings in Hingham Institution for Savings (NASDAQ:HIFS) by 19.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,223 shares of the savings and loans company’s stock after purchasing an additional 202 shares during the period. SG Americas Securities LLC owned approximately 0.06% of Hingham Institution for Savings worth $311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HIFS. AQR Capital Management LLC increased its stake in shares of Hingham Institution for Savings by 1.1% in 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 buying an additional 51 shares during the period. FMR LLC grew its holdings in 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 worth $102,000 after acquiring an additional 89 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Hingham Institution for Savings by 3.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,527 shares of the savings and loans company’s stock valued at $1,101,000 after acquiring an additional 137 shares during the period. Copeland Capital Management LLC bought a new position in shares of Hingham Institution for Savings during the third quarter valued at $61,000. Finally, Quantbot Technologies LP lifted its holdings in shares of Hingham Institution for Savings by 49.1% during the third 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. Institutional investors and hedge funds own 49.33% of the company’s stock.

Analyst Ratings Changes

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

Hingham Institution for Savings Trading Up 2.0 %

Shares of HIFS stock opened at $253.82 on Wednesday. Hingham Institution for Savings has a 1-year low of $150.11 and a 1-year high of $300.00. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. The stock has a market cap of $545.71 million, a price-to-earnings ratio of 19.78 and a beta of 1.02. The stock has a 50-day moving average of $260.09 and a 200-day moving average of $253.64.

Hingham Institution for Savings (NASDAQ:HIFS) last announced its earnings results on Friday, January 17th. The savings and loans company reported $2.16 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.

Hingham Institution for Savings Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, January 6th were paid a $0.63 dividend. The ex-dividend date was Monday, January 6th. This represents a $2.52 annualized dividend and a dividend yield of 0.99%. Hingham Institution for Savings’s dividend payout ratio is currently 19.64%.

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.