Corient Private Wealth LLC Sells 766 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Corient Private Wealth LLC lowered its position in Hingham Institution for Savings (NASDAQ:HIFSFree Report) by 9.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,732 shares of the savings and loans company’s stock after selling 766 shares during the quarter. Corient Private Wealth LLC owned 0.36% of Hingham Institution for Savings worth $1,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wade G W & Inc. increased its stake in shares of Hingham Institution for Savings by 6.1% in the fourth quarter. Wade G W & Inc. now owns 9,364 shares of the savings and loans company’s stock valued at $1,820,000 after buying an additional 536 shares during the period. Anchor Capital Advisors LLC increased its stake in shares of Hingham Institution for Savings by 15.7% in the fourth quarter. Anchor Capital Advisors LLC now owns 4,836 shares of the savings and loans company’s stock valued at $940,000 after buying an additional 657 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Hingham Institution for Savings by 36.4% in the fourth quarter. Russell Investments Group Ltd. now owns 15,845 shares of the savings and loans company’s stock valued at $3,080,000 after buying an additional 4,231 shares during the period. Schwartz Investment Counsel Inc. increased its stake in shares of Hingham Institution for Savings by 30.6% in the fourth quarter. Schwartz Investment Counsel Inc. now owns 81,087 shares of the savings and loans company’s stock valued at $15,763,000 after buying an additional 19,000 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of Hingham Institution for Savings by 19,340.0% in the fourth quarter. International Assets Investment Management LLC now owns 349,920 shares of the savings and loans company’s stock valued at $68,024,000 after buying an additional 348,120 shares during the period. Institutional investors and hedge funds own 49.33% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Hingham Institution for Savings to a “sell” rating in a research report on Saturday, May 4th.

Read Our Latest Report on Hingham Institution for Savings

Hingham Institution for Savings Stock Performance

NASDAQ:HIFS opened at $170.90 on Friday. The company has a market capitalization of $367.44 million, a PE ratio of 15.15 and a beta of 1.00. The company has a 50 day simple moving average of $173.36 and a two-hundred day simple moving average of $176.32. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.66 and a current ratio of 1.64. Hingham Institution for Savings has a fifty-two week low of $147.01 and a fifty-two week high of $230.77.

Hingham Institution for Savings (NASDAQ:HIFSGet Free Report) last released its earnings results on Friday, April 12th. The savings and loans company reported $1.01 earnings per share for the quarter. The business had revenue of $15.33 million during the quarter. Hingham Institution for Savings had a net margin of 12.38% and a return on equity of 2.71%.

Hingham Institution for Savings Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Monday, May 6th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend was Friday, May 3rd. Hingham Institution for Savings’s dividend payout ratio (DPR) is 22.34%.

Hingham Institution for Savings Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Hingham Institution for Savings (NASDAQ:HIFS)

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