1,128 Shares in Hingham Institution for Savings (NASDAQ:HIFS) Acquired by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC bought a new position in shares of Hingham Institution for Savings (NASDAQ:HIFS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,128 shares of the savings and loans company’s stock, valued at approximately $287,000. RFG Bristol Wealth Advisors LLC owned approximately 0.05% of Hingham Institution for Savings as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in HIFS. Geode Capital Management LLC boosted its stake in shares of Hingham Institution for Savings by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 40,107 shares of the savings and loans company’s stock worth $10,196,000 after acquiring an additional 517 shares in the last quarter. Franklin Resources Inc. acquired a new position in shares of Hingham Institution for Savings in the 4th quarter valued at $377,000. JPMorgan Chase & Co. increased its stake in Hingham Institution for Savings by 73.9% in the 4th quarter. JPMorgan Chase & Co. now owns 8,980 shares of the savings and loans company’s stock worth $2,282,000 after purchasing an additional 3,817 shares in the last quarter. Vanguard Group Inc. raised its holdings in Hingham Institution for Savings by 3.7% during the 4th quarter. Vanguard Group Inc. now owns 104,161 shares of the savings and loans company’s stock worth $26,471,000 after buying an additional 3,717 shares during the period. Finally, American Century Companies Inc. raised its holdings in Hingham Institution for Savings by 3.5% during the 4th quarter. American Century Companies Inc. now owns 13,365 shares of the savings and loans company’s stock worth $3,397,000 after buying an additional 453 shares during the period. Institutional investors and hedge funds own 49.33% of the company’s stock.

Hingham Institution for Savings Price Performance

Shares of NASDAQ:HIFS opened at $241.29 on Thursday. The company’s fifty day moving average is $252.10 and its two-hundred day moving average is $257.02. The company has a market cap of $518.77 million, a P/E ratio of 18.81 and a beta of 0.99. Hingham Institution for Savings has a 12-month low of $160.00 and a 12-month high of $300.00. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63.

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

Analysts Set New Price Targets

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

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.