Schwartz Investment Counsel Inc. Buys 19,000 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Schwartz Investment Counsel Inc. lifted its position in Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 30.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,087 shares of the savings and loans company's stock after acquiring an additional 19,000 shares during the period. Schwartz Investment Counsel Inc. owned about 3.77% of Hingham Institution for Savings worth $15,763,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Advisor Group Holdings Inc. increased its stake in shares of Hingham Institution for Savings by 894.4% during the 1st quarter. Advisor Group Holdings Inc. now owns 1,432 shares of the savings and loans company's stock worth $115,000 after purchasing an additional 1,288 shares during the last quarter. Swiss National Bank increased its position in Hingham Institution for Savings by 6.1% during the first quarter. Swiss National Bank now owns 3,500 shares of the savings and loans company's stock worth $1,201,000 after buying an additional 200 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Hingham Institution for Savings by 1.4% during the first quarter. Bank of New York Mellon Corp now owns 8,885 shares of the savings and loans company's stock valued at $3,050,000 after buying an additional 120 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of Hingham Institution for Savings by 53.5% in the first quarter. MetLife Investment Management LLC now owns 726 shares of the savings and loans company's stock worth $249,000 after buying an additional 253 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Hingham Institution for Savings by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 53,623 shares of the savings and loans company's stock worth $18,405,000 after acquiring an additional 135 shares in the last quarter. Institutional investors and hedge funds own 49.33% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Hingham Institution for Savings to a "sell" rating in a research note on Monday.

Hingham Institution for Savings Stock Performance

Shares of NASDAQ HIFS traded down $2.14 during trading hours on Tuesday, hitting $167.15. 5,436 shares of the stock were exchanged, compared to its average volume of 15,156. Hingham Institution for Savings has a one year low of $147.01 and a one year high of $235.15. The company's 50 day moving average is $168.85 and its 200 day moving average is $174.49. The company has a debt-to-equity ratio of 3.75, a current ratio of 1.58 and a quick ratio of 1.58. The firm has a market capitalization of $359.37 million, a P/E ratio of 14.06 and a beta of 1.02.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last posted its quarterly earnings data on Friday, January 19th. The savings and loans company reported $0.85 EPS for the quarter. Hingham Institution for Savings had a return on equity of 3.65% and a net margin of 13.84%. The business had revenue of $15.37 million for the quarter.

Hingham Institution for Savings 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.