StockNews.com Upgrades Hingham Institution for Savings (NASDAQ:HIFS) to “Sell”

Hingham Institution for Savings (NASDAQ:HIFS) was upgraded by stock analysts at StockNews.com to a “sell” rating in a research report issued to clients and investors on Wednesday.

Hingham Institution for Savings Price Performance

NASDAQ:HIFS opened at $167.33 on Wednesday. Hingham Institution for Savings has a 52 week low of $147.01 and a 52 week high of $230.77. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.15. The stock has a market capitalization of $359.76 million, a PE ratio of 14.83 and a beta of 1.02. The stock’s 50-day moving average price is $167.33 and its 200-day moving average price is $173.54.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its earnings results on Friday, April 12th. The savings and loans company reported $1.01 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.73% and a net margin of 12.38%. The firm had revenue of $15.33 million for the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Hingham Institution for Savings by 9.7% in the 3rd quarter. Vanguard Group Inc. now owns 104,873 shares of the savings and loans company’s stock valued at $19,585,000 after purchasing an additional 9,314 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Hingham Institution for Savings by 19,340.0% during the fourth quarter. International Assets Investment Management LLC now owns 349,920 shares of the savings and loans company’s stock worth $68,024,000 after acquiring an additional 348,120 shares during the period. Schwartz Investment Counsel Inc. grew its position in Hingham Institution for Savings by 30.6% during the fourth quarter. Schwartz Investment Counsel Inc. now owns 81,087 shares of the savings and loans company’s stock worth $15,763,000 after buying an additional 19,000 shares during the period. SeaCrest Wealth Management LLC acquired a new position in Hingham Institution for Savings during the fourth quarter worth about $200,000. Finally, SG Americas Securities LLC grew its position in Hingham Institution for Savings by 22.4% during the fourth quarter. SG Americas Securities LLC now owns 840 shares of the savings and loans company’s stock worth $163,000 after buying an additional 154 shares during the period. 49.33% of the stock is owned by hedge funds and other institutional investors.

Hingham Institution for Savings Company 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.