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

Quantbot Technologies LP increased its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 40.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,331 shares of the savings and loans company’s stock after buying an additional 381 shares during the quarter. Quantbot Technologies LP’s holdings in Hingham Institution for Savings were worth $338,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC boosted its position in Hingham Institution for Savings by 27.0% during the 3rd quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock worth $102,000 after acquiring an additional 89 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new position in Hingham Institution for Savings during the fourth quarter worth $204,000. Wallace Capital Management Inc. bought a new position in Hingham Institution for Savings in the third quarter valued at $219,000. SG Americas Securities LLC grew its position in Hingham Institution for Savings by 19.8% in the fourth quarter. SG Americas Securities LLC now owns 1,223 shares of the savings and loans company’s stock valued at $311,000 after purchasing an additional 202 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Hingham Institution for Savings by 113.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,938 shares of the savings and loans company’s stock valued at $715,000 after buying an additional 1,560 shares during the last quarter. Institutional investors and hedge funds own 49.33% of the company’s stock.

Hingham Institution for Savings Stock Down 1.7 %

HIFS stock opened at $240.01 on Friday. Hingham Institution for Savings has a twelve month low of $160.00 and a twelve month high of $300.00. The company has a market cap of $516.02 million, a price-to-earnings ratio of 18.71 and a beta of 0.99. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. The business has a 50 day moving average price of $252.79 and a two-hundred day moving average price of $256.90.

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 (EPS) for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.

Analysts Set New Price Targets

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

About Hingham Institution for Savings

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.