Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $248.47 and traded as high as $251.98. Hingham Institution for Savings shares last traded at $247.30, with a volume of 35,817 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Hingham Institution for Savings from a "sell" rating to a "hold" rating in a research note on Friday, July 18th.
Get Our Latest Stock Report on Hingham Institution for Savings
Hingham Institution for Savings Trading Down 1.1%
The company has a debt-to-equity ratio of 3.36, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market capitalization of $531.70 million, a price-to-earnings ratio of 16.12 and a beta of 0.92. The business's 50 day simple moving average is $249.43 and its 200 day simple moving average is $248.47.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last announced its quarterly earnings data on Friday, July 11th. The savings and loans company reported $3.39 EPS for the quarter. The company had revenue of $20.85 million during the quarter. Hingham Institution for Savings had a net margin of 15.53% and a return on equity of 4.99%.
Hingham Institution for Savings Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 13th. Shareholders of record on Monday, August 4th will be given a dividend of $0.63 per share. The ex-dividend date is Monday, August 4th. This represents a $2.52 dividend on an annualized basis and a yield of 1.02%. Hingham Institution for Savings's payout ratio is currently 16.43%.
Hedge Funds Weigh In On Hingham Institution for Savings
A number of large investors have recently bought and sold shares of the company. Hennessy Advisors Inc. lifted its holdings in shares of Hingham Institution for Savings by 100.0% in the 2nd quarter. Hennessy Advisors Inc. now owns 12,000 shares of the savings and loans company's stock valued at $2,980,000 after buying an additional 6,000 shares during the period. Jane Street Group LLC acquired a new stake in shares of Hingham Institution for Savings in the 1st quarter valued at approximately $952,000. Resources Management Corp CT ADV acquired a new stake in Hingham Institution for Savings in the first quarter valued at $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Hingham Institution for Savings by 8.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 961 shares of the savings and loans company's stock valued at $229,000 after acquiring an additional 75 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in Hingham Institution for Savings by 54.3% in the first quarter. AQR Capital Management LLC now owns 1,634 shares of the savings and loans company's stock valued at $389,000 after acquiring an additional 575 shares during the period. Hedge funds and other institutional investors own 49.33% of the company's stock.
About Hingham Institution for Savings
(
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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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