Hingham Institution for Savings (NASDAQ:HIFS) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 55.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 827 shares of the savings and loans company’s stock after selling 1,013 shares during the quarter. Jane Street Group LLC’s holdings in Hingham Institution for Savings were worth $201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. American Century Companies Inc. boosted its holdings in Hingham Institution for Savings by 35.4% in the 2nd 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 during the last quarter. BNP Paribas Financial Markets raised its position in shares of Hingham Institution for Savings by 113.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,938 shares of the savings and loans company’s stock valued at $715,000 after buying an additional 1,560 shares during the period. Doma Perpetual Capital Management LLC lifted its holdings in Hingham Institution for Savings by 120.9% in 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 acquiring an additional 46,834 shares during the last quarter. Aptus Capital Advisors LLC grew its position in Hingham Institution for Savings by 15.1% in the third quarter. Aptus Capital Advisors LLC now owns 14,347 shares of the savings and loans company’s stock worth $3,491,000 after acquiring an additional 1,886 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC acquired a new stake in Hingham Institution for Savings during the third quarter worth $3,248,000. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Price Performance

NASDAQ:HIFS opened at $232.04 on Monday. Hingham Institution for Savings has a 52 week low of $150.11 and a 52 week high of $300.00. The stock’s fifty day moving average is $269.31 and its two-hundred day moving average is $247.04. The company has a market capitalization of $498.19 million, a P/E ratio of 21.97 and a beta of 1.02. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63.

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

Hingham Institution for Savings Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, January 6th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio 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.