Quest Partners LLC Makes New Investment in Hingham Institution for Savings (NASDAQ:HIFS)

Quest Partners LLC acquired a new position in shares of Hingham Institution for Savings (NASDAQ:HIFS) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,519 shares of the savings and loans company’s stock, valued at approximately $370,000. Quest Partners LLC owned 0.07% of Hingham Institution for Savings as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in shares of Hingham Institution for Savings by 24,231.0% in the third quarter. International Assets Investment Management LLC now owns 437,958 shares of the savings and loans company’s stock valued at $1,065,600,000 after acquiring an additional 436,158 shares during the period. Doma Perpetual Capital Management LLC boosted its holdings 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 valued at $15,306,000 after purchasing an additional 46,834 shares during the period. Aptus Capital Advisors LLC grew its position in shares of 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. American Century Companies Inc. increased its holdings in shares of Hingham Institution for Savings by 35.4% during the second quarter. American Century Companies Inc. now owns 12,369 shares of the savings and loans company’s stock worth $2,213,000 after purchasing an additional 3,231 shares during the period. Finally, Kennedy Capital Management LLC raised its position in shares of Hingham Institution for Savings by 235.3% in the first quarter. Kennedy Capital Management LLC now owns 11,396 shares of the savings and loans company’s stock valued at $1,988,000 after buying an additional 7,997 shares in the last quarter. Institutional investors and hedge funds own 49.33% of the company’s stock.

Hingham Institution for Savings Trading Up 4.0 %

Shares of NASDAQ:HIFS opened at $285.48 on Monday. The business’s 50 day simple moving average is $258.18 and its 200 day simple moving average is $224.31. Hingham Institution for Savings has a 1 year low of $150.11 and a 1 year high of $300.00. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.62 and a quick ratio of 1.62. The company has a market capitalization of $613.78 million, a P/E ratio of 27.03 and a beta of 0.99.

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

Hingham Institution for Savings Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Monday, November 4th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.88%. The ex-dividend date was Monday, November 4th. Hingham Institution for Savings’s payout ratio 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.