Hingham Institution for Savings (NASDAQ:HIFS) Shares Bought by Barclays PLC

Barclays PLC boosted its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 477.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 3,063 shares of the savings and loans company’s stock after acquiring an additional 2,533 shares during the period. Barclays PLC owned about 0.14% of Hingham Institution for Savings worth $746,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in HIFS. Copeland Capital Management LLC acquired a new position in Hingham Institution for Savings during the third quarter worth $61,000. FMR LLC grew its holdings in shares of Hingham Institution for Savings by 27.0% during the third quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock worth $102,000 after buying an additional 89 shares in the last quarter. Wallace Capital Management Inc. purchased a new stake in shares of Hingham Institution for Savings during the third quarter worth $219,000. Quantbot Technologies LP grew 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 buying an additional 313 shares in the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Hingham Institution for Savings during the third quarter worth $243,000. 49.33% of the stock is currently owned by institutional investors and hedge funds.

Hingham Institution for Savings Price Performance

Hingham Institution for Savings stock opened at $242.01 on Thursday. Hingham Institution for Savings has a 52-week low of $150.11 and a 52-week high of $300.00. The firm has a market capitalization of $519.60 million, a price-to-earnings ratio of 22.92 and a beta of 1.02. The company has a fifty day simple moving average of $268.52 and a 200-day simple moving average of $247.86. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, January 6th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio is currently 23.86%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a report on Monday.

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.