Quest Partners LLC Acquires New Stake in Hingham Institution for Savings (NASDAQ:HIFS)

Quest Partners LLC bought a new position in shares of Hingham Institution for Savings (NASDAQ:HIFS) during the 3rd quarter, Holdings Channel.com reports. The firm bought 1,519 shares of the savings and loans company’s stock, valued at approximately $370,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Copeland Capital Management LLC bought a new position in shares of Hingham Institution for Savings during the third quarter worth about $61,000. Price T Rowe Associates Inc. MD increased its position in Hingham Institution for Savings by 8.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,286 shares of the savings and loans company’s stock valued at $225,000 after purchasing an additional 101 shares during the period. Oppenheimer & Co. Inc. bought a new position in Hingham Institution for Savings during the 3rd quarter worth approximately $243,000. SG Americas Securities LLC acquired a new position in shares of Hingham Institution for Savings in the 3rd quarter worth approximately $248,000. Finally, Rhumbline Advisers boosted its stake in shares of Hingham Institution for Savings by 4.0% in the 2nd quarter. Rhumbline Advisers now owns 2,350 shares of the savings and loans company’s stock valued at $420,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Price Performance

Shares of NASDAQ HIFS opened at $285.48 on Monday. The company has a market capitalization of $613.78 million, a PE ratio of 27.03 and a beta of 0.99. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.95. Hingham Institution for Savings has a twelve month low of $150.11 and a twelve month high of $300.00. The firm has a fifty day simple moving average of $258.18 and a 200 day simple moving average of $224.31.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 earnings per share for the quarter. Hingham Institution for Savings had a return on equity of 2.28% and a net margin of 10.95%. The firm had revenue of $15.21 million during the quarter.

Hingham Institution for Savings Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Monday, November 4th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.88%. The ex-dividend date was Monday, November 4th. Hingham Institution for Savings’s dividend payout ratio (DPR) is presently 23.86%.

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.