Hingham Institution for Savings (NASDAQ:HIFS) Upgraded to “Hold” at StockNews.com

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

Hingham Institution for Savings Trading Up 2.5 %

HIFS opened at $238.00 on Monday. Hingham Institution for Savings has a twelve month low of $150.11 and a twelve month high of $300.00. The firm has a market cap of $510.99 million, a PE ratio of 22.54 and a beta of 1.02. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57. The firm’s fifty day moving average is $268.52 and its two-hundred day moving average is $247.86.

Hedge Funds Weigh In On Hingham Institution for Savings

Several institutional investors have recently modified their holdings of the business. American Century Companies Inc. raised its holdings in Hingham Institution for Savings by 35.4% during the 2nd quarter. American Century Companies Inc. now owns 12,369 shares of the savings and loans company’s stock worth $2,213,000 after buying an additional 3,231 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Hingham Institution for Savings by 113.2% during the third quarter. BNP Paribas Financial Markets now owns 2,938 shares of the savings and loans company’s stock worth $715,000 after acquiring an additional 1,560 shares during the period. Barclays PLC lifted its position in Hingham Institution for Savings by 477.9% in the 3rd quarter. Barclays PLC now owns 3,063 shares of the savings and loans company’s stock valued at $746,000 after acquiring an additional 2,533 shares in the last quarter. Doma Perpetual Capital Management LLC boosted its stake in Hingham Institution for Savings by 120.9% in the 2nd quarter. Doma Perpetual Capital Management LLC now owns 85,568 shares of the savings and loans company’s stock worth $15,306,000 after purchasing an additional 46,834 shares during the period. Finally, Aptus Capital Advisors LLC increased its holdings in Hingham Institution for Savings by 15.1% during the 3rd quarter. Aptus Capital Advisors LLC now owns 14,347 shares of the savings and loans company’s stock worth $3,491,000 after purchasing an additional 1,886 shares in the last quarter. Institutional investors own 49.33% of the company’s stock.

About Hingham Institution for Savings

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.