Two Sigma Investments LP Has $930,000 Position in Hingham Institution for Savings (NASDAQ:HIFS)

Two Sigma Investments LP reduced its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 30.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,658 shares of the savings and loans company's stock after selling 1,636 shares during the quarter. Two Sigma Investments LP owned approximately 0.17% of Hingham Institution for Savings worth $930,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC boosted its holdings in shares of Hingham Institution for Savings by 941.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 479 shares of the savings and loans company's stock worth $122,000 after purchasing an additional 433 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hingham Institution for Savings by 5.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 886 shares of the savings and loans company's stock worth $225,000 after purchasing an additional 49 shares during the period. MetLife Investment Management LLC boosted its holdings in shares of Hingham Institution for Savings by 10.9% during the fourth quarter. MetLife Investment Management LLC now owns 935 shares of the savings and loans company's stock worth $238,000 after purchasing an additional 92 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Hingham Institution for Savings by 22.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,025 shares of the savings and loans company's stock worth $261,000 after purchasing an additional 188 shares during the period. Finally, RFG Bristol Wealth Advisors LLC acquired a new stake in Hingham Institution for Savings during the fourth quarter valued at $287,000. 49.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Hingham Institution for Savings from a "hold" rating to a "sell" rating in a research report on Tuesday, April 8th.

Hingham Institution for Savings Stock Down 1.0%

Shares of Hingham Institution for Savings stock traded down $2.36 during trading on Monday, hitting $227.55. 76,425 shares of the stock traded hands, compared to its average volume of 22,737. The company has a fifty day moving average price of $244.45 and a two-hundred day moving average price of $252.53. Hingham Institution for Savings has a twelve month low of $164.00 and a twelve month high of $300.00. The stock has a market cap of $489.23 million, a P/E ratio of 17.74 and a beta of 0.93. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57.

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. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%. The firm had revenue of $17.59 million for the quarter.

Hingham Institution for Savings Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 14th. Investors of record on Monday, May 5th were issued a $0.63 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.52 dividend on an annualized basis and a yield of 1.11%. Hingham Institution for Savings's dividend payout ratio is currently 19.47%.

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.