Anchor Capital Advisors LLC Raises Position in Hingham Institution for Savings (NASDAQ:HIFS)

Anchor Capital Advisors LLC grew its position in Hingham Institution for Savings (NASDAQ:HIFS) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,380 shares of the savings and loans company’s stock after acquiring an additional 85 shares during the period. Anchor Capital Advisors LLC owned about 0.25% of Hingham Institution for Savings worth $1,367,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HIFS. State Street Corp boosted its holdings in shares of Hingham Institution for Savings by 40.1% in the third quarter. State Street Corp now owns 52,434 shares of the savings and loans company’s stock valued at $12,758,000 after acquiring an additional 15,000 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Hingham Institution for Savings in the third quarter valued at about $3,248,000. De Lisle Partners LLP boosted its holdings in shares of Hingham Institution for Savings by 60.8% in the third quarter. De Lisle Partners LLP now owns 18,227 shares of the savings and loans company’s stock valued at $4,414,000 after acquiring an additional 6,891 shares in the last quarter. Maren Capital LLC boosted its holdings in shares of Hingham Institution for Savings by 4.1% in the third quarter. Maren Capital LLC now owns 162,887 shares of the savings and loans company’s stock valued at $39,632,000 after acquiring an additional 6,416 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Hingham Institution for Savings by 508.1% in the third quarter. JPMorgan Chase & Co. now owns 5,163 shares of the savings and loans company’s stock valued at $1,256,000 after acquiring an additional 4,314 shares in the last quarter. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a report on Saturday, February 22nd.

Hingham Institution for Savings Stock Up 0.7 %

HIFS stock opened at $259.71 on Friday. The company has a market cap of $557.60 million, a P/E ratio of 20.24 and a beta of 1.02. Hingham Institution for Savings has a 52 week low of $160.00 and a 52 week high of $300.00. The company’s 50-day moving average price is $256.37 and its 200 day moving average price is $257.84. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63.

Hingham Institution for Savings (NASDAQ:HIFS) last released its quarterly earnings data on Friday, January 17th. The savings and loans company reported $2.16 EPS for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.

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.