Quantbot Technologies LP Purchases 381 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Quantbot Technologies LP boosted its position in Hingham Institution for Savings (NASDAQ:HIFS) by 40.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,331 shares of the savings and loans company’s stock after acquiring an additional 381 shares during the period. Quantbot Technologies LP owned 0.06% of Hingham Institution for Savings worth $338,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Maren Capital LLC grew its position in shares of Hingham Institution for Savings by 4.1% during the 3rd quarter. Maren Capital LLC now owns 162,887 shares of the savings and loans company’s stock worth $39,632,000 after buying an additional 6,416 shares during the period. State Street Corp boosted its stake in Hingham Institution for Savings by 40.1% in the third quarter. State Street Corp now owns 52,434 shares of the savings and loans company’s stock valued at $12,758,000 after acquiring an additional 15,000 shares during the last quarter. Geode Capital Management LLC grew its holdings in Hingham Institution for Savings by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 39,590 shares of the savings and loans company’s stock worth $9,635,000 after acquiring an additional 617 shares during the period. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Hingham Institution for Savings during the 3rd quarter valued at $3,248,000. Finally, Anchor Capital Advisors LLC lifted its stake in shares of Hingham Institution for Savings by 1.6% in the 4th quarter. Anchor Capital Advisors LLC now owns 5,380 shares of the savings and loans company’s stock valued at $1,367,000 after purchasing an additional 85 shares during the period. 49.33% of the stock is currently owned by institutional investors and hedge funds.

Hingham Institution for Savings Stock Performance

Shares of HIFS stock opened at $240.01 on Friday. The stock has a 50-day moving average of $252.79 and a 200-day moving average of $256.90. Hingham Institution for Savings has a one year low of $160.00 and a one year high of $300.00. The stock has a market cap of $516.02 million, a PE ratio of 18.71 and a beta of 0.99. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57.

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

Analyst Ratings Changes

Separately, StockNews.com raised Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research note 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.