Dimensional Fund Advisors LP Sells 73 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Dimensional Fund Advisors LP reduced its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,318 shares of the savings and loans company’s stock after selling 73 shares during the quarter. Dimensional Fund Advisors LP owned 2.85% of Hingham Institution for Savings worth $15,583,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of HIFS. Barclays PLC lifted its stake in shares of Hingham Institution for Savings by 477.9% in the third quarter. Barclays PLC now owns 3,063 shares of the savings and loans company’s stock valued at $746,000 after buying an additional 2,533 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Hingham Institution for Savings by 508.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,163 shares of the savings and loans company’s stock worth $1,256,000 after acquiring an additional 4,314 shares during the period. SeaCrest Wealth Management LLC acquired a new position in shares of Hingham Institution for Savings in the fourth quarter valued at $204,000. SG Americas Securities LLC lifted its position in Hingham Institution for Savings by 19.8% in the fourth quarter. SG Americas Securities LLC now owns 1,223 shares of the savings and loans company’s stock worth $311,000 after purchasing an additional 202 shares during the period. Finally, Anchor Capital Advisors LLC boosted its stake in Hingham Institution for Savings by 1.6% during the fourth quarter. Anchor Capital Advisors LLC now owns 5,380 shares of the savings and loans company’s stock worth $1,367,000 after buying an additional 85 shares in the last quarter. 49.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Hingham Institution for Savings from a “hold” rating to a “sell” rating in a report on Tuesday, April 8th.

Hingham Institution for Savings Stock Up 2.5 %

Shares of NASDAQ HIFS opened at $259.99 on Friday. Hingham Institution for Savings has a 52-week low of $164.00 and a 52-week high of $300.00. The stock has a market cap of $558.97 million, a PE ratio of 20.26 and a beta of 0.97. The business has a fifty day moving average of $239.18 and a two-hundred day moving average of $255.59. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings data on Friday, April 11th. The savings and loans company reported $2.78 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%. The company had revenue of $17.59 million for the quarter.

Hingham Institution for Savings Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Investors of record on Monday, May 5th will be given a $0.63 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $2.52 dividend on an annualized basis and a yield of 0.97%. Hingham Institution for Savings’s payout ratio is 19.47%.

Hingham Institution for Savings 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.