RFG Bristol Wealth Advisors LLC Invests $287,000 in Hingham Institution for Savings (NASDAQ:HIFS)

RFG Bristol Wealth Advisors LLC acquired a new stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) in the fourth quarter, HoldingsChannel reports. The fund acquired 1,128 shares of the savings and loans company’s stock, valued at approximately $287,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Anchor Capital Advisors LLC increased its stake in shares of Hingham Institution for Savings by 1.6% during the 4th quarter. Anchor Capital Advisors LLC now owns 5,380 shares of the savings and loans company’s stock worth $1,367,000 after purchasing an additional 85 shares during the last quarter. FMR LLC increased its position in Hingham Institution for Savings by 27.0% during the third quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock worth $102,000 after buying an additional 89 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Hingham Institution for Savings by 3.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,527 shares of the savings and loans company’s stock worth $1,101,000 after buying an additional 137 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Hingham Institution for Savings by 19.8% in the fourth quarter. SG Americas Securities LLC now owns 1,223 shares of the savings and loans company’s stock worth $311,000 after buying an additional 202 shares during the last quarter. Finally, Quantbot Technologies LP lifted its position in shares of Hingham Institution for Savings by 49.1% in the third quarter. Quantbot Technologies LP now owns 950 shares of the savings and loans company’s stock worth $231,000 after buying an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Hingham Institution for Savings from a “sell” rating to a “hold” rating in a report on Saturday, February 22nd.

Hingham Institution for Savings Trading Up 2.1 %

NASDAQ:HIFS opened at $241.29 on Thursday. The company’s 50 day moving average is $252.10 and its 200-day moving average is $257.02. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a 12 month low of $160.00 and a 12 month high of $300.00. The firm has a market cap of $518.77 million, a price-to-earnings ratio of 18.81 and a beta of 0.99.

Hingham Institution for Savings (NASDAQ:HIFS) last released its earnings results on Friday, January 17th. The savings and loans company reported $2.16 earnings per share for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.

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.