Aptus Capital Advisors LLC Grows Holdings in Hingham Institution for Savings (NASDAQ:HIFS)

Aptus Capital Advisors LLC increased its stake in Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 21.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,474 shares of the savings and loans company's stock after buying an additional 3,127 shares during the quarter. Aptus Capital Advisors LLC owned about 0.81% of Hingham Institution for Savings worth $4,441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of HIFS. Tower Research Capital LLC TRC lifted its holdings in shares of Hingham Institution for Savings by 941.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 479 shares of the savings and loans company's stock worth $122,000 after acquiring an additional 433 shares during the last quarter. SeaCrest Wealth Management LLC purchased a new stake in Hingham Institution for Savings in the 4th quarter worth about $204,000. MetLife Investment Management LLC lifted its stake in Hingham Institution for Savings by 10.9% in 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 last quarter. Wells Fargo & Company MN boosted its position 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 valued at $261,000 after buying an additional 188 shares during the period. Finally, RFG Bristol Wealth Advisors LLC bought a new position in shares of Hingham Institution for Savings during the fourth quarter valued at approximately $287,000. 49.33% of the stock is owned by hedge funds and other institutional investors.

Hingham Institution for Savings Trading Up 1.2 %

Shares of HIFS traded up $3.07 during trading hours on Wednesday, reaching $253.65. 18,934 shares of the company traded hands, compared to its average volume of 14,669. The stock's fifty day moving average price is $239.12 and its 200 day moving average price is $255.56. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. The firm has a market cap of $545.34 million, a price-to-earnings ratio of 19.77 and a beta of 0.97. 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 issued its earnings results on Friday, April 11th. The savings and loans company reported $2.78 EPS for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%. The business had revenue of $17.59 million for the quarter.

Hingham Institution for Savings Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 14th. Investors of record on Monday, May 5th will be paid a dividend of $0.63 per share. The ex-dividend date is Monday, May 5th. This represents a $2.52 annualized dividend and a yield of 0.99%. Hingham Institution for Savings's dividend payout ratio (DPR) is 19.47%.

Analyst Ratings Changes

Separately, StockNews.com lowered Hingham Institution for Savings from a "hold" rating to a "sell" rating in a research note on Tuesday, April 8th.

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.