StockNews.com Upgrades Hingham Institution for Savings (NASDAQ:HIFS) to Sell

Hingham Institution for Savings (NASDAQ:HIFS) was upgraded by equities researchers at StockNews.com to a “sell” rating in a research note issued to investors on Saturday.

Hingham Institution for Savings Stock Performance

Shares of HIFS stock opened at $177.63 on Friday. 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 has a fifty-two week low of $147.01 and a fifty-two week high of $230.77. The stock’s 50-day moving average is $169.12 and its two-hundred day moving average is $173.26. The firm has a market cap of $381.37 million, a P/E ratio of 15.75 and a beta of 1.00.

Hingham Institution for Savings (NASDAQ:HIFS) last released its quarterly earnings results 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 return on equity of 2.73% and a net margin of 12.38%. The company had revenue of $15.33 million during the quarter.

Institutional Trading of Hingham Institution for Savings

Hedge funds have recently modified their holdings of the company. Copeland Capital Management LLC lifted its position in shares of Hingham Institution for Savings by 97.6% in the 4th quarter. Copeland Capital Management LLC now owns 168 shares of the savings and loans company’s stock worth $33,000 after acquiring an additional 83 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Hingham Institution for Savings by 161.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 395 shares of the savings and loans company’s stock worth $77,000 after buying an additional 244 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Hingham Institution for Savings in the 3rd quarter worth approximately $128,000. SeaCrest Wealth Management LLC acquired a new position in shares of Hingham Institution for Savings in the 4th quarter worth approximately $200,000. Finally, First National Bank Sioux Falls acquired a new position in shares of Hingham Institution for Savings in the 1st quarter worth approximately $215,000. Institutional investors own 49.33% of the company’s stock.

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.