Anchor Capital Advisors LLC Increases Stock Position in Hingham Institution for Savings (NASDAQ:HIFS)

Anchor Capital Advisors LLC raised its holdings in Hingham Institution for Savings (NASDAQ:HIFS) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,380 shares of the savings and loans company’s stock after purchasing an additional 85 shares during the period. Anchor Capital Advisors LLC’s holdings in Hingham Institution for Savings were worth $1,367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Maren Capital LLC lifted its holdings in shares of Hingham Institution for Savings by 4.1% in the third quarter. Maren Capital LLC now owns 162,887 shares of the savings and loans company’s stock valued at $39,632,000 after purchasing an additional 6,416 shares in the last quarter. State Street Corp lifted its holdings in shares of Hingham Institution for Savings by 40.1% in the third quarter. State Street Corp now owns 52,434 shares of the savings and loans company’s stock valued at $12,758,000 after purchasing an additional 15,000 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Hingham Institution for Savings by 1.6% in the third quarter. Geode Capital Management LLC now owns 39,590 shares of the savings and loans company’s stock valued at $9,635,000 after purchasing an additional 617 shares in the last quarter. De Lisle Partners LLP lifted its holdings in shares of Hingham Institution for Savings by 60.8% in the third quarter. De Lisle Partners LLP now owns 18,227 shares of the savings and loans company’s stock valued at $4,414,000 after purchasing an additional 6,891 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings in shares of Hingham Institution for Savings by 15.1% in the third quarter. Aptus Capital Advisors LLC now owns 14,347 shares of the savings and loans company’s stock valued at $3,491,000 after purchasing an additional 1,886 shares in the last quarter. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Stock Performance

NASDAQ:HIFS opened at $259.71 on Friday. The firm has a 50 day simple moving average of $256.37 and a 200-day simple moving average of $257.84. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market cap of $557.60 million, a PE ratio of 20.24 and a beta of 1.02. Hingham Institution for Savings has a 1-year low of $160.00 and a 1-year high of $300.00.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings data 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%.

Analyst Ratings Changes

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

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.