Hingham Institution for Savings (NASDAQ:HIFS) Shares Acquired by Aristides Capital LLC

Aristides Capital LLC lifted its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,704 shares of the savings and loans company’s stock after purchasing an additional 620 shares during the period. Aristides Capital LLC owned about 0.27% of Hingham Institution for Savings worth $1,450,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN grew its position in shares of Hingham Institution for Savings by 22.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,025 shares of the savings and loans company’s stock worth $261,000 after acquiring an additional 188 shares in the last quarter. RFG Bristol Wealth Advisors LLC bought a new position in Hingham Institution for Savings during the fourth quarter worth $287,000. Geode Capital Management LLC boosted its holdings in Hingham Institution for Savings by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 40,107 shares of the savings and loans company’s stock worth $10,196,000 after purchasing an additional 517 shares during the period. Franklin Resources Inc. bought a new stake in Hingham Institution for Savings during the fourth quarter valued at $377,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Hingham Institution for Savings by 73.9% during the fourth 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 during the period. 49.33% of the stock is currently owned by institutional investors and hedge funds.

Hingham Institution for Savings Stock Down 1.0 %

NASDAQ:HIFS opened at $220.37 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. The stock has a 50 day moving average of $250.72 and a 200-day moving average of $256.68. The firm has a market capitalization of $473.80 million, a PE ratio of 17.18 and a beta of 0.99. Hingham Institution for Savings has a 52 week low of $160.00 and a 52 week high of $300.00.

Hingham Institution for Savings (NASDAQ:HIFS) last issued 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 return on equity of 2.95% and a net margin of 12.97%.

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 research report on Saturday, February 22nd.

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.