Oppenheimer & Co. Inc. Takes $243,000 Position in Hingham Institution for Savings (NASDAQ:HIFS)

Oppenheimer & Co. Inc. bought a new stake in Hingham Institution for Savings (NASDAQ:HIFS) during the third quarter, HoldingsChannel.com reports. The fund bought 1,000 shares of the savings and loans company’s stock, valued at approximately $243,000.

Several other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in Hingham Institution for Savings by 24,231.0% during the 3rd 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 purchasing an additional 436,158 shares during the last quarter. Doma Perpetual Capital Management LLC raised its position in shares of Hingham Institution for Savings by 120.9% in the second 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. Kennedy Capital Management LLC lifted its stake in shares of Hingham Institution for Savings by 235.3% during the 1st quarter. Kennedy Capital Management LLC now owns 11,396 shares of the savings and loans company’s stock worth $1,988,000 after buying an additional 7,997 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Hingham Institution for Savings by 35.4% during the 2nd quarter. American Century Companies Inc. now owns 12,369 shares of the savings and loans company’s stock worth $2,213,000 after buying an additional 3,231 shares during the period. Finally, Aptus Capital Advisors LLC grew its stake in Hingham Institution for Savings by 15.1% in the 3rd quarter. Aptus Capital Advisors LLC now owns 14,347 shares of the savings and loans company’s stock valued at $3,491,000 after buying an additional 1,886 shares during the last quarter. 49.33% of the stock is currently owned by institutional investors and hedge funds.

Hingham Institution for Savings Stock Up 4.0 %

Hingham Institution for Savings stock opened at $285.48 on Friday. Hingham Institution for Savings has a twelve month low of $150.11 and a twelve month high of $300.00. The stock has a market cap of $612.93 million, a P/E ratio of 27.03 and a beta of 0.99. The company’s 50-day moving average price is $258.18 and its two-hundred day moving average price is $223.67. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.95.

Hingham Institution for Savings (NASDAQ:HIFS) last announced its earnings results on Friday, October 11th. The savings and loans company reported $1.44 earnings per share 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 disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Monday, November 4th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Monday, November 4th. Hingham Institution for Savings’s payout ratio is 23.86%.

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.