Vanguard Group Inc. Grows Position in Hingham Institution for Savings (NASDAQ:HIFS)

Vanguard Group Inc. boosted its holdings in shares of Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 9.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,873 shares of the savings and loans company's stock after acquiring an additional 9,314 shares during the quarter. Vanguard Group Inc. owned 4.88% of Hingham Institution for Savings worth $19,585,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Advisor Group Holdings Inc. raised its holdings in shares of Hingham Institution for Savings by 894.4% in the first quarter. Advisor Group Holdings Inc. now owns 1,432 shares of the savings and loans company's stock valued at $115,000 after purchasing an additional 1,288 shares during the last quarter. Swiss National Bank raised its stake in Hingham Institution for Savings by 6.1% in the first quarter. Swiss National Bank now owns 3,500 shares of the savings and loans company's stock valued at $1,201,000 after purchasing an additional 200 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Hingham Institution for Savings by 1.4% in 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 purchasing an additional 120 shares in the last quarter. MetLife Investment Management LLC raised its stake in 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 valued at $249,000 after purchasing an additional 253 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Hingham Institution for Savings by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 53,623 shares of the savings and loans company's stock valued at $18,405,000 after purchasing an additional 135 shares in the last quarter. 49.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Hingham Institution for Savings to a "sell" rating in a research note on Monday, April 8th.

Hingham Institution for Savings Trading Down 0.0 %

NASDAQ:HIFS traded down $0.03 during trading hours on Monday, hitting $165.13. The company had a trading volume of 19,826 shares, compared to its average volume of 16,021. The company has a market capitalization of $355.03 million, a PE ratio of 14.63 and a beta of 1.02. The stock has a 50-day moving average price of $167.38 and a 200 day moving average price of $173.92. Hingham Institution for Savings has a 52 week low of $147.01 and a 52 week high of $230.77. The company has a debt-to-equity ratio of 4.15, a current ratio of 1.66 and a quick ratio of 1.66.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last announced its earnings results on Friday, April 12th. The savings and loans company reported $1.01 EPS for the quarter. Hingham Institution for Savings had a net margin of 12.38% and a return on equity of 2.73%. The firm had revenue of $15.33 million for the quarter.

About Hingham Institution for Savings

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.