Vanguard Group Inc. Buys 9,314 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Vanguard Group Inc. boosted its holdings in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 9.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,873 shares of the savings and loans company’s stock after buying an additional 9,314 shares during the period. Vanguard Group Inc.’s holdings in Hingham Institution for Savings were worth $19,585,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its holdings in Hingham Institution for Savings by 1.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 4,110 shares of the savings and loans company’s stock worth $876,000 after buying an additional 59 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Hingham Institution for Savings by 77.6% during the third quarter. Tower Research Capital LLC TRC now owns 151 shares of the savings and loans company’s stock worth $28,000 after buying an additional 66 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Hingham Institution for Savings by 6.0% during the first quarter. NewEdge Advisors LLC now owns 1,305 shares of the savings and loans company’s stock worth $305,000 after buying an additional 74 shares during the last quarter. Royal Bank of Canada raised its holdings in Hingham Institution for Savings by 4.3% during the second quarter. Royal Bank of Canada now owns 1,783 shares of the savings and loans company’s stock worth $380,000 after buying an additional 74 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Hingham Institution for Savings by 14.0% in the fourth quarter. Deutsche Bank AG now owns 683 shares of the savings and loans company’s stock valued at $188,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 49.33% of the company’s stock.

Hingham Institution for Savings Stock Performance

NASDAQ HIFS opened at $165.16 on Monday. Hingham Institution for Savings has a 52-week low of $147.01 and a 52-week high of $235.15. The company has a 50-day simple moving average of $167.38 and a 200 day simple moving average of $173.92. The company has a debt-to-equity ratio of 3.75, a quick ratio of 1.58 and a current ratio of 1.58. The company has a market capitalization of $354.60 million, a PE ratio of 14.64 and a beta of 1.02.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings data on Friday, April 12th. The savings and loans company reported $1.01 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a net margin of 13.84% and a return on equity of 3.65%. The business had revenue of $15.33 million during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Hingham Institution for Savings to a “sell” rating in a report on Monday, April 8th.

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.