Royce & Associates LP Has $25.43 Million Holdings in Hingham Institution for Savings (NASDAQ:HIFS)

Royce & Associates LP lessened its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 21.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 104,518 shares of the savings and loans company’s stock after selling 29,214 shares during the quarter. Royce & Associates LP’s holdings in Hingham Institution for Savings were worth $25,430,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in Hingham Institution for Savings by 1.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,719 shares of the savings and loans company’s stock valued at $844,000 after acquiring an additional 51 shares in the last quarter. Rhumbline Advisers grew its stake in Hingham Institution for Savings by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 2,350 shares of the savings and loans company’s stock valued at $420,000 after acquiring an additional 90 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Hingham Institution for Savings by 8.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,286 shares of the savings and loans company’s stock valued at $225,000 after acquiring an additional 101 shares in the last quarter. Copeland Capital Management LLC purchased a new position in Hingham Institution for Savings during the 3rd quarter valued at about $61,000. Finally, Creative Planning grew its stake in Hingham Institution for Savings by 26.3% during the 3rd quarter. Creative Planning now owns 1,914 shares of the savings and loans company’s stock valued at $466,000 after acquiring an additional 399 shares in the last quarter. Institutional investors and hedge funds own 49.33% of the company’s stock.

Hingham Institution for Savings Trading Down 1.6 %

NASDAQ:HIFS opened at $273.93 on Friday. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.62 and a quick ratio of 1.62. Hingham Institution for Savings has a fifty-two week low of $150.11 and a fifty-two week high of $300.00. The stock’s 50-day moving average is $254.16 and its two-hundred day moving average is $219.59. The stock has a market cap of $588.95 million, a PE ratio of 26.38 and a beta of 0.99.

Hingham Institution for Savings (NASDAQ:HIFS) last released its earnings results on Friday, October 11th. The savings and loans company reported $1.44 earnings per share for the quarter. Hingham Institution for Savings had a return on equity of 2.28% and a net margin of 10.95%. The company had revenue of $15.21 million for the quarter.

Hingham Institution for Savings Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Monday, November 4th were paid a $0.63 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.52 annualized dividend and a dividend yield of 0.92%. Hingham Institution for Savings’s payout ratio is 23.86%.

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.