Doma Perpetual Capital Management LLC Acquires 46,834 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Doma Perpetual Capital Management LLC boosted its holdings in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 120.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,568 shares of the savings and loans company’s stock after purchasing an additional 46,834 shares during the period. Hingham Institution for Savings accounts for approximately 7.1% of Doma Perpetual Capital Management LLC’s holdings, making the stock its 6th largest holding. Doma Perpetual Capital Management LLC owned approximately 3.98% of Hingham Institution for Savings worth $15,306,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of HIFS. American Century Companies Inc. lifted 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 purchasing an additional 3,231 shares in the last quarter. Quadrature Capital Ltd lifted its holdings in Hingham Institution for Savings by 159.8% during the 4th quarter. Quadrature Capital Ltd now owns 6,423 shares of the savings and loans company’s stock worth $1,243,000 after buying an additional 3,951 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in 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 valued at $225,000 after buying an additional 101 shares during the last quarter. Kennedy Capital Management LLC increased its stake in shares of Hingham Institution for Savings by 235.3% in the 1st quarter. Kennedy Capital Management LLC now owns 11,396 shares of the savings and loans company’s stock valued at $1,988,000 after buying an additional 7,997 shares during the period. Finally, Rhumbline Advisers raised 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 acquiring an additional 90 shares during the last quarter. Institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Trading Down 4.0 %

Shares of HIFS opened at $233.58 on Wednesday. The stock’s fifty day simple moving average is $241.92 and its 200-day simple moving average is $199.83. The firm has a market capitalization of $501.50 million, a PE ratio of 24.85 and a beta of 1.00. Hingham Institution for Savings has a 12-month low of $147.01 and a 12-month high of $261.00. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.95.

Hingham Institution for Savings (NASDAQ:HIFS) last released its earnings results on Friday, July 12th. The savings and loans company reported $1.00 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a net margin of 10.10% and a return on equity of 2.23%. The company had revenue of $13.10 million for the quarter.

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.