Hingham Institution for Savings (NASDAQ:HIFS) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Hingham Institution for Savings (NASDAQ:HIFS) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $212.11 and traded as high as $262.47. Hingham Institution for Savings shares last traded at $253.52, with a volume of 13,857 shares trading hands.

Hingham Institution for Savings Trading Up 0.2 %

The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.95. The firm has a market cap of $546.10 million, a price-to-earnings ratio of 24.05 and a beta of 1.00. The company has a fifty day moving average price of $249.50 and a 200-day moving average price of $212.73.

Hingham Institution for Savings (NASDAQ:HIFS) last released its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.28% and a net margin of 10.95%. The business had revenue of $15.21 million for the quarter.

Hingham Institution for Savings Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Monday, November 4th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, November 4th. Hingham Institution for Savings’s payout ratio is currently 23.86%.

Hedge Funds Weigh In On Hingham Institution for Savings

Several institutional investors and hedge funds have recently modified their holdings of the business. Copeland Capital Management LLC acquired a new position in Hingham Institution for Savings during the third quarter worth $61,000. Price T Rowe Associates Inc. MD raised its position in shares of Hingham Institution for Savings by 8.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,286 shares of the savings and loans company’s stock worth $225,000 after purchasing an additional 101 shares during the last quarter. SG Americas Securities LLC purchased a new position in Hingham Institution for Savings in the 3rd quarter valued at about $248,000. Rhumbline Advisers boosted its holdings in Hingham Institution for Savings by 4.0% in the 2nd quarter. Rhumbline Advisers now owns 2,350 shares of the savings and loans company’s stock worth $420,000 after buying an additional 90 shares during the last quarter. Finally, Creative Planning boosted its holdings in Hingham Institution for Savings by 26.3% in the 3rd quarter. Creative Planning now owns 1,914 shares of the savings and loans company’s stock worth $466,000 after buying an additional 399 shares during the last quarter. Hedge funds and other institutional investors own 49.33% of the company’s stock.

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.