Mackenzie Financial Corp acquired a new stake in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,584 shares of the savings and loans company's stock, valued at approximately $403,000. Mackenzie Financial Corp owned approximately 0.07% of Hingham Institution for Savings as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of HIFS. SG Americas Securities LLC grew its position in Hingham Institution for Savings by 19.8% during the 4th quarter. SG Americas Securities LLC now owns 1,223 shares of the savings and loans company's stock worth $311,000 after purchasing an additional 202 shares during the last quarter. Anchor Capital Advisors LLC increased its stake in Hingham Institution for Savings by 1.6% during the 4th quarter. Anchor Capital Advisors LLC now owns 5,380 shares of the savings and loans company's stock valued at $1,367,000 after purchasing an additional 85 shares in the last quarter. Quantbot Technologies LP increased its stake in Hingham Institution for Savings by 40.1% during the 4th quarter. Quantbot Technologies LP now owns 1,331 shares of the savings and loans company's stock valued at $338,000 after purchasing an additional 381 shares in the last quarter. American Century Companies Inc. increased its stake in Hingham Institution for Savings by 3.5% during the 4th quarter. American Century Companies Inc. now owns 13,365 shares of the savings and loans company's stock valued at $3,397,000 after purchasing an additional 453 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Hingham Institution for Savings by 3.7% during the 4th quarter. Vanguard Group Inc. now owns 104,161 shares of the savings and loans company's stock valued at $26,471,000 after purchasing an additional 3,717 shares in the last quarter. Institutional investors and hedge funds own 49.33% of the company's stock.
Analyst Ratings Changes
Separately, Wall Street Zen lowered shares of Hingham Institution for Savings from a "hold" rating to a "sell" rating in a research note on Tuesday, April 8th.
Read Our Latest Analysis on HIFS
Hingham Institution for Savings Stock Performance
Shares of HIFS stock traded up $4.76 during trading hours on Friday, hitting $229.91. The company's stock had a trading volume of 67,227 shares, compared to its average volume of 22,521. The company has a 50 day moving average of $244.45 and a 200 day moving average of $252.79. The stock has a market cap of $494.31 million, a PE ratio of 17.92 and a beta of 0.93. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a 12-month low of $164.00 and a 12-month high of $300.00.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last released its quarterly earnings data on Friday, April 11th. The savings and loans company reported $2.78 EPS for the quarter. The business had revenue of $17.59 million for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.
Hingham Institution for Savings Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, May 14th. Investors of record on Monday, May 5th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Monday, May 5th. Hingham Institution for Savings's dividend payout ratio (DPR) is presently 19.47%.
About Hingham Institution for Savings
(
Free Report)
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.
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